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Duolingo(DUOL.US) 10% Shareholder Sells US$64.14 Million in Common Stock

Moomoo News ·  Dec 14, 2024 05:08

$Duolingo (DUOL.US)$ 10% Shareholder Hacker Severin sold 188.9K shares of common stock on Dec 11, 2024 at an average price of $339.5381 for a total value of $64.14 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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