Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Expensify, Inc. (EXFY) ownership disclosure identifies Octopus Head, Inc. as the beneficial owner of 5,400,000 Class A common shares, representing 6.8% of the class. The disclosure reports 5,400,000 shares of shared voting and dispositive power for Octopus Head, Inc., 415 Foundation, and Witold Stankiewicz. 415 Foundation is Octopus Head’s sole stockholder, and Stankiewicz is its sole director and the foundation’s controlling person; the latter two may be deemed to share power over the shares.
Key Figures
Beneficially owned:5,400,000 sharesPercent of class:6.8%Shared voting power:5,400,000 shares+1 more
4 metrics
Beneficially owned5,400,000 sharesOctopus Head, Inc.; Expensify Class A common stock
Percent of class6.8%Expensify Class A common stock
Shared voting power5,400,000 sharesReported for Octopus Head, Inc., 415 Foundation, and Witold Stankiewicz
Shared dispositive power5,400,000 sharesReported for Octopus Head, Inc., 415 Foundation, and Witold Stankiewicz
Key Terms
beneficial owner, Shared Voting Power, Shared Dispositive Power
3 terms
beneficial ownerregulatory
"Octopus Head, Inc. is the beneficial owner"
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Shared Voting Powerregulatory
"Shared Voting Power 5,400,000.00"
Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 5,400,000.00"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many EXFY shares does Octopus Head, Inc. beneficially own?
Octopus Head, Inc. beneficially owns 5,400,000 shares of Expensify Class A common stock, equal to 6.8% of the class. 415 Foundation and Witold Stankiewicz may be deemed to share voting and dispositive power over those shares.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2)
Expensify, Inc.
(Name of Issuer)
Class A Common Stock, par value $0.0001 per share
(Title of Class of Securities)
(CUSIP Number)
09/23/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP No.
1
Names of Reporting Persons
Octopus Head, Inc.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
SEYCHELLES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,400,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,400,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,400,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
CO
Comment for Type of Reporting Person: Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
SCHEDULE 13G
CUSIP No.
1
Names of Reporting Persons
415 Foundation
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
PANAMA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,400,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,400,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,400,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
SCHEDULE 13G
CUSIP No.
1
Names of Reporting Persons
Witold Stankiewicz
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
POLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
5,400,000.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
5,400,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
5,400,000.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.8 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Expensify, Inc.
(b)
Address of issuer's principal executive offices:
88 KEARNY ST, STE 1600, SAN FRANCISCO, CA, 94108
Item 2.
(a)
Name of person filing:
This Statement on Schedule 13G is filed by Octopus Head, Inc., 415 Foundation and Witold Stankiewicz
(b)
Address or principal business office or, if none, residence:
PH Panamera Residences, Apt 2806, Calle 47 Este, Bella Vista, Panama City, Panama
(c)
Citizenship:
Octopus Head, Inc. is a Seychelles corporation. 415 Foundation is a Panama foundation. Witold Stankiewicz is a citizen of Poland.
(d)
Title of class of securities:
Class A Common Stock, par value $0.0001 per share
(e)
CUSIP No.:
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
5,400,000
Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
(b)
Percent of class:
6.8%
Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
Octopus Head, Inc.: 5,400,000
415 Foundation: 5,400,000
Witold Stankiewicz: 5,400,000
Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
Octopus Head, Inc.: 5,400,000
415 Foundation: 5,400,000
Witold Stankiewicz: 5,400,000
Octopus Head, Inc. is the beneficial owner of 5,400,000 shares of the Issuer's Class A Common Stock. 415 Foundation is the sole stockholder of Octopus Head, Inc., and in such capacity may be deemed to share voting and dispositive power over such shares. Witold Stankiewicz is the sole director of Octopus Head, Inc. and the controlling person of 415 Foundation, and in such capacity may be deemed to share voting and dispositive power over such shares.
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
Not Applicable
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
