4/A: Expensify Director Daniel Vidal Reports Amended Transaction: Sale of Shares to Cover Taxes

Daniel Vidal, a director at Expensify, Inc., filed an amended Form 4 to report the sale of 2,391 shares of Class A Common Stock on March 7, 2025, to cover taxes related to the company's stock purchase plan.

Summary

• On April 24, 2025, Daniel Vidal, a director of Expensify, Inc., filed an amendment to a previously submitted Form 4.
• The amendment concerns a transaction that occurred on March 7, 2025, where 2,391 shares of Class A Common Stock were sold.
• These shares were sold at a weighted average price of $3.53 to cover taxes for shares awarded under the Expensify, Inc. 2021 Stock Purchase and Matching Plan (SPMP) for certain employees.
• The original Form 4, filed on March 10, 2025, reported the awarded shares but did not include the related sale due to a delay in receiving the underlying information.
• Following the reported transaction, Vidal directly owns 239,037 shares of Expensify, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

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

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Form 4, Expensify, Director, Stock Sale, Daniel Vidal, Amendment, Class A Common Stock, SPMP, Tax Coverage