Luis von Ahn, Duolingo, Inc.’s president, CEO, and co-founder, sold 110,046 shares of Class A common stock on October 7, 2026. The transactions totaled approximately $16.7 million, with prices ranging from $150.6319 to $153.2611 per share.
Before the sale, von Ahn exercised options to acquire 110,046 shares at $38.08 per share. The sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on June 2, 2026. Such plans allow insiders to schedule stock sales in advance.
Several law firms are also scrutinizing the company over allegations of misleading statements about user growth and product quality.