[144] GoDaddy Inc SEC Filing

Rhea-AI Filing Summary

Expensify, Inc. (EXFY) – Form 4 filing dated 07/02/2025

Chief Executive Officer and Chairman David Michael Barrett reported the sale of 30,000 Class A common shares on 07/01/2025 under a Rule 10b5-1 trading plan adopted 03/31/2025. The weighted-average sale price was $2.56, with individual trades executed between $2.47 and $2.63. Aggregate consideration was roughly $77,000.

Following the transaction, Barrett’s beneficial ownership remains substantial at 1,528,480 shares held indirectly through Barrett Trust LLC plus 210,676 shares held directly. The disposed shares represent ≈2.0 % of his indirect holdings, suggesting the sale is modest relative to his overall stake.

The filing is limited to this single planned disposition; no derivative security activity, option exercises, or additional purchases were reported. Because the sale was effected pursuant to a pre-established 10b5-1 plan, it may mitigate concerns over opportunistic timing, yet it still constitutes an insider reduction in exposure.

Positive

• None.

Negative

• Insider selling by CEO: 30,000 shares disposed at $2.56 may raise modest concern despite representing only ~2% of his holdings.

Insights

Securities Analyst

TL;DR – CEO Barrett sold 30k EXFY shares (~$77k), a small 2% trim under 10b5-1; limited market impact expected.

Barrett’s planned sale marginally reduces his position but leaves him with >1.7 million shares, maintaining strong alignment with shareholders. The 10b5-1 framework signals the trade was pre-scheduled, reducing informational asymmetry concerns. Dollar value is immaterial relative to daily trading volume and Barrett’s remaining stake, so I view the event as neutral. Investors should watch for any acceleration of insider selling, but a single, modest transaction is unlikely to shift valuation or sentiment materially.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	6000	1061560.80	142488191	07/02/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/18/2022	Performance Shares	ISSUER			6000	02/18/2022	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
AMANPAL BHUTANI 100 S. Mill Ave Suite 1600 Tempe AZ 85281	Common	06/03/2025	6932	1246435.29
AMANPAL BHUTANI 100 S. Mill Ave Suite 1600 Tempe AZ 85281	Common	06/02/2025	3000	546090.00
AMANPAL BHUTANI 100 S. Mill Ave Suite 1600 Tempe AZ 85281	Common	05/01/2025	1280	244300.80
AMANPAL BHUTANI 100 S. Mill Ave Suite 1600 Tempe AZ 85281	Common	05/01/2025	1720	328279.20

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Expensify (EXFY) shares did CEO David Barrett sell?

He sold 30,000 Class A common shares on 07/01/2025.

What was the average sale price of the EXFY shares?

The weighted-average sale price was $2.56, with trades between $2.47 and $2.63.

Does David Barrett still own Expensify stock after the sale?

Yes. He beneficially owns 1,528,480 shares indirectly and 210,676 shares directly following the transaction.

Was the transaction part of a 10b5-1 trading plan?

Yes. The sale was executed under a Rule 10b5-1 plan adopted on 03/31/2025.

Is this insider sale considered significant for EXFY investors?

Given the small percentage of holdings sold and the pre-planned nature, the impact is viewed as neutral at present.