Carlos Alvarez (EXFY) reports 10b5-1 sales of 30,728 and 8,697 shares

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 notice reporting proposed sales of Common stock by Carlos Alvarez. The filing lists a 10,000 share item tied to Restricted Stock Units dated 10/11/2024. It also reports completed 10b5-1 sale entries: 30,728 shares on 04/28/2026 and 8,697 shares on 03/17/2026, with dollar figures shown alongside each sale. The filing includes a numeric reference of 84,278,255 with date 05/15/2026, presented in the securities section.

Insights

Securities Compliance Counsel

Form 144 notices list proposed and recent 10b5-1 sales by an affiliated holder.

The filing records a 10,000 share restricted stock unit entry dated 10/11/2024 and two 10b5-1 sale rows: 30,728 shares on 04/28/2026 and 8,697 shares on 03/17/2026. The dollar figures are shown adjacent to each sale row.

Cash‑flow treatment and whether proceeds go to the selling holder or issuer are not stated in the excerpt; subsequent filings or brokerage confirmations would show settlement details.

Key Figures

Restricted Stock Units: 10,000 shares 10b5-1 sale: 30,728 shares Proceeds shown (row): 31,101.39 +3 more

6 metrics

Restricted Stock Units 10,000 shares dated 10/11/2024

10b5-1 sale 30,728 shares sale dated 04/28/2026

Proceeds shown (row) 31,101.39 adjacent to 30,728 shares on 04/28/2026

10b5-1 sale 8,697 shares sale dated 03/17/2026

Proceeds shown (row) 6,609.72 adjacent to 8,697 shares on 03/17/2026

Numeric reference 84,278,255 listed with date 05/15/2026 in securities section

Key Terms

10b5-1, Restricted Stock Units, Form 144

3 terms

10b5-1 regulatory

"10b5-1 Sales for CARLOS ALVAREZ 88 Kearny Street"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Restricted Stock Units financial

"Restricted Stock Units | Issuer | 10000 | 10/11/2024"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10000	11400.00	84278255	05/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	10/11/2024	Restricted Stock Units	Issuer			10000	10/11/2024	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for CARLOS ALVAREZ 88 Kearny Street, Ste 1600 San Francisco CA 94108	COMMON	04/28/2026	30728	31101.39
CARLOS ALVAREZ 88 Kearny Street, Ste 1600 San Francisco CA 94108	Common	03/17/2026	8697	6609.72

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the EXFY Form 144 report about Carlos Alvarez's sales?

The filing lists 10b5-1 sales of 30,728 shares on 04/28/2026 and 8,697 shares on 03/17/2026. It also shows a 10,000 share RSU item dated 10/11/2024, with dollar figures adjacent to each line.

Does the Form 144 show proceeds received from the reported sales?

Dollar amounts appear alongside the sale lines (31,101.39 and 6,609.72), implying proceeds shown per row. The filing excerpt does not state who ultimately received those proceeds or settlement details.

Is the 10,000 share entry in the filing an immediate sale?

The 10,000 share line is labeled as Restricted Stock Units dated 10/11/2024. The excerpt lists it under securities to be sold but does not specify execution timing or whether the RSUs converted to saleable shares.

What is the significance of the 84,278,255 number shown with 05/15/2026?

The excerpt shows 84,278,255 alongside a date of 05/15/2026 in the securities section. The text does not label that number explicitly; it may be a count referenced in the securities block but the excerpt does not define its meaning.