Expensify, Inc. filings document the public-company disclosures of a software issuer focused on expense management, corporate cards, travel, bills, and related spend workflows. Form 8-K reports furnish quarterly and annual results, shareholder letters, and investor presentation materials that describe revenue, card activity, product development, partnerships, and financial condition.
The filing record also covers governance and capital-structure matters. Definitive proxy statements address annual meeting voting items, board matters, executive compensation, and equity awards, while material-event filings record credit and letter-of-credit arrangements, termination of financing agreements, registered Class A common stock, and Nasdaq continued-listing disclosures.
Director Jason Fahr Mills of Expensify (EXFY) reported multiple transactions on Form 4:
- On June 13, 2025: Acquired 36,486 shares at $2.29 through Stock Purchase and Matching Plan (SPMP), plus received 17,083 matched shares at $0
- On June 15, 2025: Converted 3,821 RSUs to Class A Common Stock
- On June 17, 2025: Disposed of 4,068 shares at average price of $2.28 for tax obligations
Post-transactions, Mills holds 364,184 direct shares of Class A Common Stock. Additionally maintains significant indirect ownership through LT50 Common Stock holdings (534,925 shares) via LILIJK LLC and the Expensify Voting Trust. RSUs continue vesting quarterly with 64,961 units remaining. Notable feature: LT50 shares convert to Class A after 50-month notice period.
Expensify, Inc. (EXFY) – Form 4 insider activity filed 18-Jun-2025
Director Daniel Vidal reported a series of transactions between 13-Jun-2025 and 17-Jun-2025 that, in aggregate, increased his direct Class A share ownership from 261,714 to 295,817 shares (+34,103 shares). Key details:
- Open-market purchase: 22,316 Class A shares acquired on 13-Jun at $2.29 per share under the 2021 Stock Purchase & Matching Plan (SPMP).
- Matched award: 12,315 Class A shares granted on the same date at no cost under the SPMP.
- RSU settlement: 2,826 Class A shares delivered on 15-Jun following quarterly vesting of existing RSUs.
- Tax-related sale: 3,354 Class A shares sold on 17-Jun at a weighted-average $2.28 to cover withholding taxes for employees.
Derivative positions were adjusted to reflect the RSU conversion. Vidal now reports 48,030 unvested Class A RSUs, 48,030 LT50 RSUs, and 155,020 LT50 common shares (held indirectly through the Expensify Voting Trust). LT50 stock is convertible to Class A on a 1-for-1 basis after specific notice periods or when LT10/LT50 shares fall below 2 % of total common shares.
Implications for investors: The sizable net purchase—largely funded with personal capital—signals incremental insider confidence at a low share price. The only sale was purely tax-related and small relative to the overall purchase volume.
Expensify (EXFY) – Form 4 insider activity
CFO & Director Ryan Schaffer reported several equity transactions executed 13-17 June 2025.
- Open-market purchase: 8,428 Class A shares bought at $2.29 through the 2021 Stock Purchase & Matching Plan (SPMP).
- Matched grant: 5,382 additional shares received at $0 cost under the SPMP.
- RSU conversion: 3,923 vested RSUs settled into Class A shares.
- Tax-related sale: 1,883 shares sold at a weighted-average $2.28; proceeds used solely to cover withholding taxes.
Net effect: Schaffer’s direct Class A holding rose by 7,422 shares to 171,998 (+4.5%). He also retains 66,682 vested RSUs and 58,838 LT50 shares (indirect via Voting Trust) that are convertible 1-for-1 into Class A stock.
The discretionary purchases at market price—combined with the absence of material dispositions—suggest modest insider confidence. The filing contains no operational or earnings data; its relevance is limited to ownership changes.
David Michael Barrett, CEO and Director of Expensify (EXFY), reported multiple securities transactions on June 13-17, 2025:
- Acquired 6,304 Class A Common Stock shares under the 2021 Stock Purchase and Matching Plan at $0
- Received 14,463 shares from RSU conversion on June 15
- Sold 2,247 shares at average price of $2.28 for tax obligations
Post-transactions, Barrett holds 210,676 shares directly and 1,558,480 shares indirectly through Barrett Trust LLC. Additionally, he holds significant derivative positions including RSUs and LT50 Common Stock, with the latter convertible to Class A shares after a 50-month notice period. Barrett maintains investment control over shares in the Expensify Voting Trust, with RSUs vesting quarterly at 1/32nd after initial 12.5% vest.
Anuradha Muralidharan, Chief Operating Officer and Director of Expensify (EXFY), reported multiple securities transactions on June 13-17, 2025:
- Acquired 11,605 Class A shares at $2.29 through the Stock Purchase and Matching Plan (SPMP)
- Received 1,322 matched shares at $0 through SPMP
- Converted 3,169 RSUs to Class A common stock on June 15
- Sold 521 shares at average price of $2.28 for tax coverage
Following these transactions, Muralidharan holds 84,039 Class A shares directly. Additionally, maintains 53,863 RSUs that vest quarterly and 137,377 LT50 Common Stock held indirectly through the Expensify Voting Trust. The LT50 shares are convertible to Class A shares after a 50-month notice period.