Expensify director to sell 9,982 shares

Director Carlos Alvarez has filed a Rule 144 notice to sell 9,982 shares of Expensify Class A common stock, with prior sales and recent share acquisitions disclosed.

Available on EDGAR 09/18/2026 - 04:48 PM EDT Accepted by SEC EDGAR 09/18/2026 - 04:48 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Expensify, Inc. (EXFY) is the issuer for which director Carlos Alvarez has filed a notice under Rule 144 indicating an intention to sell Class A common stock through Morgan Stanley Smith Barney LLC. The notice lists 9,982 shares of Class A common stock to be sold on NASDAQ and discloses prior sales of 5,278 shares on June 23, 2026 for $8,022.56. The filing also notes that the shares to be sold are associated with an SPMP purchase of 6,467 shares on September 15, 2026 and RSU vesting of 3,515 shares on September 21, 2026.

Key Figures

Shares proposed to be sold: 9,982 shares Prior shares sold: 5,278 shares Proceeds from prior sale: $8,022.56 +4 more

7 metrics

Shares proposed to be sold 9,982 shares Class A common stock under Rule 144 notice by Carlos Alvarez

Prior shares sold 5,278 shares Class A common stock sold on June 23, 2026

Proceeds from prior sale $8,022.56 Sale of 5,278 shares on June 23, 2026

SPMP Purchase shares 6,467 shares Class A common stock acquired on September 15, 2026

RSU Vesting shares 3,515 shares Class A common stock vested on September 21, 2026

Shares outstanding 78,936,804 shares Class A common stock outstanding referenced in the notice

Date of notice September 18, 2026 Filing date of the Rule 144 notice

Key Terms

Rule 144, Form 10-Q, RSU Vesting, SPMP Purchase, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Form 10-Q regulatory

"as stated in Issuer's quarterly report on Form 10-Q for the fiscal quarter"

A Form 10-Q is a detailed report that publicly traded companies are required to file with regulators three times a year, providing an update on their financial health and business activities. It is important for investors because it offers timely insights into a company's performance, helping them make informed decisions about buying or selling stocks. Think of it as a regular check-up report that shows how well a company is doing.

RSU Vesting financial

"Class A Common | 09/21/2026 | RSU Vesting | Expensify, Inc."

RSU vesting is the process by which restricted stock units — a promise by a company to give shares to an employee — become actual, owned shares over time or when certain goals are met. Investors care because vested shares can dilute existing ownership when issued, and the timing of vesting affects when employees can sell shares, which can influence share supply, insider selling patterns, and company incentives.

SPMP Purchase financial

"Class A Common | 09/15/2026 | SPMP Purchase | Expensify, Inc."

Class A Common financial

"Class A Common | Morgan Stanley Smith Barney LLC Executive Financial Services"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Expensify, Inc. (EXFY)?

It discloses that director Carlos Alvarez intends to sell 9,982 shares of Expensify Class A common stock under Rule 144, through Morgan Stanley Smith Barney LLC, and provides details on prior sales and recent share acquisitions.

How many Expensify (EXFY) shares does Carlos Alvarez plan to sell under Rule 144?

The notice lists 9,982 shares of Expensify Class A common stock proposed to be sold on NASDAQ, as reported in the Form 144 filing.

What prior Expensify (EXFY) share sales by Carlos Alvarez are reported?

The filing reports that 5,278 shares of Expensify Class A common stock were sold on June 23, 2026 for $8,022.56 during the preceding three months.

What recent share acquisitions related to Expensify (EXFY) does the Form 144 describe?

The notice describes 6,467 shares acquired on September 15, 2026 labeled as an SPMP Purchase, and 3,515 shares acquired on September 21, 2026 through RSU Vesting, both in Expensify Class A common stock.

Who is the broker for the planned Expensify (EXFY) share sale in this Form 144?

The planned sale of Expensify Class A common stock is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, New York, NY 10004.

What outstanding share information for Expensify (EXFY) is included in the Form 144?

The filing lists 78,936,804 shares of Expensify Class A common stock outstanding, with the figure tied to the Rule 144 notice context.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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	0002104456
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Expensify, Inc.
SEC File Number	001-41043
Address of Issuer	88 Kearny St Ste 1600 San Francisco CALIFORNIA 94108
Phone	971-365-3939
Name of Person for Whose Account the Securities are To Be Sold	Carlos Alvarez
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	Director

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
Class A Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza New York NY 10004	9982	23457.7	78936804	09/17/2026	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 *
Class A Common	09/15/2026	SPMP Purchase	Expensify, Inc.			6467	09/15/2026	Compensation
Class A Common	09/21/2026	RSU Vesting	Expensify, Inc.			3515	09/21/2026	Compensation

* 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
Carlos Alvarez 88 Kearny St Ste 1600 San Francisco CA 94108	Class A Common Stock	06/23/2026	5278	8022.56

144: Remarks and Signature

Remarks	Note for 3(e): As of August 3, 2026, as stated in Issuer's quarterly report on Form 10-Q for the fiscal quarter ending June 30, 2026.
Date of Notice	09/18/2026
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	/s/ Cole Eason, as attorney-in-fact
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)