Expensify (NASDAQ: EXFY) director receives 123,762 RSUs award

Rhea-AI Filing Summary

Expensify, Inc. director Timothy L. Christen received an equity award of 123,762 shares of Class A common stock in the form of restricted stock units. These RSUs were granted under the Non-Employee Director Compensation Program at a price of $0.00 per share as compensation, not a market purchase.

The RSUs vest on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting following the grant date, and each RSU converts into one share of Class A common stock upon settlement. Following this award, Christen directly owns 413,516 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Christen Timothy L

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	123,762	$0.00	--

Holdings After Transaction: Class A Common Stock — 413,516 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 123,762 shares Grant price: $0.00 per share Post-grant holdings: 413,516 shares

3 metrics

RSU grant size 123,762 shares Restricted stock units of Class A common stock granted May 22, 2026

Grant price $0.00 per share Compensation award, not an open-market purchase

Post-grant holdings 413,516 shares Total Class A common stock directly owned after the RSU award

Key Terms

restricted stock units ("RSUs"), Non-Employee Director Compensation Program, Annual Meeting

3 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

"Reflects an award of restricted stock units ("RSUs") pursuant to the Non-Employee Director Compensation Program, which vest on the earlier of..."

Annual Meeting financial

"which vest on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the next Annual Meeting following the grant date"

A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/07/2026 - 05:17 PM Accepted by SEC EDGAR 07/07/2026 - 05:17 PM Learn about SEC filing dates

FAQ

What did Expensify (EXFY) director Timothy L. Christen report on this Form 4?

Director Timothy L. Christen reported receiving an award of 123,762 restricted stock units of Expensify Class A common stock. The award is compensation under the Non-Employee Director Compensation Program rather than an open-market stock purchase or sale.

How many Expensify (EXFY) shares does Timothy L. Christen hold after this RSU grant?

After the award, Timothy L. Christen holds 413,516 shares of Expensify Class A common stock directly. This figure includes the impact of the 123,762 restricted stock units granted on May 22, 2026, as disclosed in the Form 4 filing.

What are the vesting terms of the 123,762 Expensify (EXFY) RSUs granted to the director?

The 123,762 RSUs vest on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting. Each vested RSU entitles the director to receive one share of Expensify Class A common stock upon settlement.

Was cash paid for the Expensify (EXFY) shares underlying the RSU grant?

No cash was paid for these shares; the Form 4 shows a transaction price of $0.00 per share. The 123,762 RSUs represent a compensation grant under the Non-Employee Director Compensation Program, not a market transaction.

Is the 123,762-share Expensify (EXFY) RSU grant an open-market purchase or sale?

The 123,762-share transaction is classified as a grant or award acquisition, not an open-market trade. It reflects restricted stock units granted as director compensation, which convert into Class A shares as they vest over time.

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^*

Christen Timothy L

(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)
05/22/2026

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	05/22/2026		A		123,762(1)	A	$0	413,516	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 vest on the earlier of (i) the first anniversary of the grant date and (ii) immediately before the next Annual Meeting following the grant date. Each RSU represents 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)