Liu Ying 4

What Happened

Liu Ying, a director of Expensify, was granted 3,731 restricted stock units (RSUs) on July 5, 2026. The Form 4 reports the acquisition as 3,731 shares at $0.00 because the award was an RSU grant that vested immediately; each RSU represents the right to one share of Class A common stock.

Key Details

• Transaction type: Award/Grant (Code A) of RSUs that vested immediately (per footnote F1).
• Transaction date: 2026-07-05; Form 4 filed: 2026-07-07.
• Reported acquisition price: $0.00 per share (RSU grant; tax/economic value tied to underlying share price at vesting).
• Number of shares acquired: 3,731.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: F1 — award of RSUs under the Non-Employee Director Compensation Program; each RSU = one share and the RSUs vested immediately.
• Filing timeliness: Filed two days after the grant date (within the typical two-business-day window for Form 4s).

Context

This was a compensation-related grant to a non-employee director that vested on the grant date, not an open-market purchase or sale. Such director RSU awards are common as part of board compensation and do not necessarily reflect an insider buying or selling shares for investment reasons.