Liu Ying 4

What Happened Liu Ying, a member of Expensify’s board of directors, was granted 3,386 restricted stock units (RSUs) on January 5, 2026. The filing records the acquisition at $0.00 per share because these were equity awards under the company's Non-Employee Director Compensation Program; each RSU represents the right to one share of Class A common stock and vested immediately on the grant date.

Key Details

• Transaction date: 2026-01-05 (Grant/Award, code A)
• Report filed: 2026-02-18 (filing appears late relative to the Jan 5 transaction)
• Shares awarded: 3,386 RSUs; acquisition price reported as $0.00
• Footnote: Awarded pursuant to the Non-Employee Director Compensation Program; RSUs vested immediately and each RSU equals one share
• Shares owned after transaction: Not disclosed in this Form 4 filing

Context This was an award/compensation event (not a purchase or sale). Because the RSUs vested immediately, Liu Ying acquired the economic right to 3,386 shares on the grant date; the filing does not show any immediate sale. The Form 4 was submitted more than a month after the transaction date, which is later than the typical two-business-day reporting window for insider trades and can delay public disclosure of insider activity.