Expensify (EXFY) Director Jason Mills Receives Stock Option Award

What Happened
Jason Mills, a director of Expensify, received a grant of a derivative award (stock option) covering 1,160,447 shares on 2026-06-23. The Form 4 reports an acquisition price of $0.00 for the award; no exercise/strike price or immediate cash value is disclosed in the provided filing. This is an award (not a market purchase or sale).

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (timely filing).
• Transaction type: A = award/grant of a derivative security (stock option).
• Quantity: 1,160,447 underlying shares reported as acquired; reported price $0.00.
• Vesting: Footnote states the stock option vests in 16 equal quarterly installments, deemed to have begun on April 12, 2025.
• Exercise/strike price and shares owned after the transaction: not specified in the information provided.
• No indication of a sale or cashless exercise in this filing.

Context
This was a stock option grant that vests over time. Such derivative awards give the holder the right to acquire shares in the future (typically at a set exercise price), but this filing does not state the exercise price or immediate value. Awards to directors are common as compensation and do not, by themselves, indicate a buy/sell signal.