Expensify (EXFY) director Liu Ying receives 3,731 RSUs that vest immediately
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Liu Ying reported acquisition or exercise transactions in this Form 4 filing.
Expensify, Inc. director Liu Ying received an equity grant in the form of restricted stock units. The award covered 3,731 shares of Class A common stock and was granted at no cash cost as a compensation award, not a market purchase.
According to the footnote, these RSUs vested immediately on the grant date, with each unit delivering one share of Class A common stock. Following this grant, Liu Ying directly held 183,200 shares of Expensify Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liu Ying
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,731 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 183,200 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 3,731 shares
Price per share: $0.0000
Shares held after grant: 183,200 shares
3 metrics
RSUs granted
3,731 shares
Restricted stock unit award to director Liu Ying
Price per share
$0.0000
Indicates non-cash compensation grant
Shares held after grant
183,200 shares
Liu Ying direct Class A holdings following RSU vesting
Key Terms
restricted stock units ("RSUs"), Non-Employee Director Compensation Program, Class A common stock, Form 4
4 terms
restricted stock units ("RSUs") financial
"Reflects an award of restricted stock units ("RSUs") pursuant to the Non-Employee Director Compensation Program"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Program financial
"award of restricted stock units ("RSUs") pursuant to the Non-Employee Director Compensation Program"
Class A common stock financial
"Each RSU represented a right to receive one share of Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Expensify (EXFY) director Liu Ying report in this Form 4 filing?
Liu Ying reported receiving an equity award of restricted stock units for Expensify Class A common stock. The grant added 3,731 shares as compensation and increased direct holdings to 183,200 shares, reflecting a routine non-cash director compensation event.
What type of equity award did Liu Ying receive from Expensify (EXFY)?
Liu Ying received restricted stock units (RSUs) tied to Expensify Class A common stock. Each RSU represents the right to receive one share, granted under the company’s Non-Employee Director Compensation Program and treated as a non-cash grant instead of a purchase.
Did the Expensify (EXFY) RSU award to Liu Ying vest immediately?
Yes. The footnote explains the RSU award to Liu Ying vested immediately on the grant date. That means the 3,731 units converted right away into an equivalent number of Class A common shares under the Non-Employee Director Compensation Program.
What are Liu Ying’s Expensify (EXFY) holdings after this RSU grant?
After the grant, Liu Ying directly holds 183,200 shares of Expensify Class A common stock. This total includes the newly vested 3,731 restricted stock units received as part of the Non-Employee Director Compensation Program described in the filing.