Summary by Futu AI
Duolingo Inc officer Luis Von Ahn Arellano is set to sell 24,000 shares of common stock on April 1, 2024, with an aggregate market value of approximately $5.29 million. The shares were acquired on the same day through the exercise of stock options, with payment made in cash to the issuer. This transaction follows a series of sales over the past three months, where a total of 78,000 shares were sold for gross proceeds of over $16.76 million.