4/A: Expensify CFO Ryan Schaffer Reports Amended Sale of Shares to Cover Taxes

Ryan Schaffer, CFO of Expensify, Inc., amended a previous Form 4 filing to include the sale of 2,002 shares of Class A Common Stock on March 7, 2025, to cover taxes related to the company's stock purchase plan.

Summary

• This is an amended SEC Form 4 filing by Ryan Schaffer, CFO of Expensify, Inc.
• The amendment reports a sale of 2,002 shares of Class A Common Stock on March 7, 2025.
• The sale was made to cover taxes for shares awarded under the Expensify, Inc. 2021 Stock Purchase and Matching Plan (SPMP) for certain employees.
• The shares were sold at a weighted average price of $3.53.
• Following the transaction, Schaffer directly owns 147,627 shares of Class A Common Stock.
• The original Form 4, filed on March 10, 2025, did not include this sale due to a delay in receiving the underlying information.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing reporting a stock sale to cover taxes, which is neutral in sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Stakeholder Impact

• The sale of shares by the CFO could have a minor impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Expensify, Ryan Schaffer, Stock Sale, CFO, SPMP, Class A Common Stock, Amendment