Duolingo (NASDAQ: DUOL) CEO exercises 120k PSUs, 54,875 shares withheld
Duolingo CEO Luis von Ahn exercised 120,000 performance-based restricted stock units (PSUs) which converted into Class B Common Stock. To cover tax obligations, 54,875 shares of Class B Common Stock were withheld at a reference price of $107.82 per share in a non-open-market transaction. After these transactions, von Ahn directly holds 3,422,995 shares of Class B Common Stock.
https://www.stocktitan.net/sec-filings/DUOL/form-4-duolingo-inc-insider-trading-activity-6e67b1088d1d.html