Form 4 for EXFY Expensify, Inc.
Accepted 2026-01-05 00:00:00 ET · period of report 2025-12-15 · accession 0001891061-26-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-01-05 | 2025-12-15 | EXFY | Schaffer Ryan | CFO, Dir | M - OptEx | — | +3,923 | 207.9K | +2% | — |
| D | 2026-01-05 | 2025-12-30 | EXFY | Schaffer Ryan | CFO, Dir | S - Sale+OE | $1.52 | -3,923 | 203.9K | -2% | -$5,963 |
| DM | 2026-01-05 | 2025-12-15 | EXFY | Schaffer Ryan | CFO, Dir | M - OptEx | $0.00 | -7,846 | 58.8K | -12% | $0 |
| DI | 2026-01-05 | 2025-12-15 | EXFY | Schaffer Ryan | CFO, Dir | M - OptEx | $0.00 | +3,923 | 66.7K | +6% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-12-15 | M | A | 3,923 | — | 207,859 | D | — | — | (F1) Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock. This transaction represents the settlement of vested RSUs in shares of Class A Common Stock. |
| 2 | Common | Class A Common Stock | 2025-12-30 | S | D | 3,923 | $1.52 | 203,936 | D | — | — | (F2) Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon the vesting of RSUs for certain employees of the Issuer. (F3) The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of RSUs for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $1.50 to $1.53, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. |
| 3 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 3,923 | $0.00 | 58,837 | D See note | — · — to 2029-12-15 | 3,923 Class A Common Stock | (F7) Deposited into the Expensify Voting Trust (the "Voting Trust"). The Reporting Person retains investment control and dispositive power over the shares deposited into the Voting Trust. (F1) Each restricted stock unit ("RSU") represents the contingent right to receive one share of Class A common stock. This transaction represents the settlement of vested RSUs in shares of Class A Common Stock. (F4) The RSUs vest 12.5% on September 15, 2022 and 1/32nd each quarter thereafter, on December 15th, March 15th, June 15th, and September 15th. |
| 4 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 3,923 | $0.00 | 58,837 | D | — · — to 2029-12-15 | 3,923 LT50 Common Stock | (F5) Each RSU represents the contingent right to receive one share of LT50 common stock. This transaction represents the settlement of vested RSUs in shares of LT50 Common Stock. (F4) The RSUs vest 12.5% on September 15, 2022 and 1/32nd each quarter thereafter, on December 15th, March 15th, June 15th, and September 15th. |
| 5 | Derivative | LT50 Common Stock | 2025-12-15 | M | A | 3,923 | $0.00 | 66,683 | I | — · — to — | 3,923 Class A Common Stock | (F6) The LT50 Common Stock is convertible into the Issuer's Class A Common Stock on a one-to-one basis only upon, and generally cannot be transferred without, satisfaction of certain notice and other requirements, including a notice period of 50 months. The LT50 Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis at such time as all of the then-outstanding shares of LT10 and LT50 Common Stock represent, in the aggregate, less than 2% of all then-outstanding shares of common stock. (F5) Each RSU represents the contingent right to receive one share of LT50 common stock. This transaction represents the settlement of vested RSUs in shares of LT50 Common Stock. |