Duolingo (NASDAQ: DUOL) CTO Severin Hacker exercises 60K PSUs with tax withholding
Duolingo's CTO and co-founder, Severin Hacker, exercised 60,000 performance-based restricted stock units (PSUs) into Class B Common Stock, reflecting the vesting of a portion of his long-term incentive award. To cover tax obligations, 31,920 shares were disposed of in a tax-withholding transaction at $107.82 per share, which was not an open-market sale. Following these transactions, Hacker maintains significant direct and indirect holdings in Duolingo's Class B and Class A Common Stock.
https://www.stocktitan.net/sec-filings/DUOL/form-4-duolingo-inc-insider-trading-activity-a3bc8cd4dfb3.html