Expensify director granted 3,731 RSUs

Liu Ying reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 3,731 shares

Grant/Award 1 txn

Insider Liu Ying

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	3,731	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 183,200 shares (Direct)

Footnotes (1)

1. F1. Reflects an award of restricted stock units ("RSUs") pursuant to the Non-Employee Director Compensation Program, which vested immediately on the grant date. Each RSU represented a right to receive one share of Class A common stock.

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

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

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.

How many Expensify (EXFY) shares were granted to Liu Ying in this transaction?

The filing shows a grant of 3,731 shares of Expensify Class A common stock through restricted stock units. These shares were awarded as compensation rather than bought in the open market, and they were added to Liu Ying’s existing direct shareholdings.

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.

Was cash paid for the Expensify (EXFY) shares granted to Liu Ying?

No cash was paid for these shares. The transaction shows a price per share of $0.0000, indicating a compensation-related grant of restricted stock units, not an open-market purchase, issued under Expensify’s Non-Employee Director Compensation Program.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 07/07/2026 - 05:14 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Liu Ying

(Last) (First) (Middle)

C/O EXPENSIFY, INC.

401 SW 5TH AVE.

(Street)

PORTLAND OREGON 97204

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Expensify, Inc. [ EXFY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/05/2026		A		3,731(1)	A	$0	183,200	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects an award of restricted stock units ("RSUs") pursuant to the Non-Employee Director Compensation Program, which vested immediately on the grant date. Each RSU represented a right to receive one share of Class A common stock.

Remarks:

	/s/ Ryan Schaffer, as attorney-in-fact	07/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)