Barrett David Michael 4

What Happened

• David Barrett (listed as Barrett David Michael), CEO of Expensify, received an award (derivative grant) for 2,094,974 shares on 2026-06-23. The Form 4 reports the acquisition at $0.00 per share (code A — award/grant). This is a grant of a stock-based award (derivative), not an open-market buy or sale.

Key Details

• Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (timely filing).
• Reported price: $0.00 per share; total reported cash consideration: $0.
• Grant size: 2,094,974 shares (derivative award).
• Vesting: Footnote states the stock option vests in 16 equal quarterly installments, deemed to have begun on April 12, 2025 (16 quarters = 4 years).
• Shares owned after transaction: not specified in the provided details.
• Filing status: Timely (no late filing flag indicated).

Context

• This was an equity award/option grant, which vests over time — not an immediate purchase or sale. Such grants align executive compensation with company performance and retention but do not by themselves signal buying or selling intent by the insider.