Duolingo CEO Sells Entire Direct Class A Shareholding for $4.3 Million
Luis von Ahn, the CEO of Duolingo (DUOL), sold all his directly held shares in a single transaction on September 16, 2026, totaling $4.3 million based on an average sale price of $150.22 per share. The executive disposed of 28,292 Class A Common Stock units under a Rule 10b5-1 trading plan to avoid insider trading concerns. Despite the full liquidation of his direct Class A shares, von Ahn still holds approximately 3.4 million derivative securities in Duolingo, including convertible Class B stock. The CEO's continued equity stake suggests ongoing alignment with shareholder interests. At the time of the sale, Duolingo’s stock had delivered a one-year total return of -47%, reflecting broader market concerns over its strategic focus on user growth and retention at the expense of short-term profits. The company remains profitable, reporting $410.8 million in net income for the trailing twelve months (TTM) with a revenue of $1.1 billion TTM. Duolingo operates as one of the largest digital language learning platforms globally using a freemium model and has maintained its market leadership despite recent stock volatility.
Tickers: $DUOL
Topics: CEO sale of shares Duolingo Rule 10b5-1 trading plan