Alvarez Divo Carlos Eduardo 4

What Happened

• Director Carlos Eduardo Alvarez Divo sold 30,728 shares of Expensify (EXFY) in an open-market/private sale on April 28, 2026.
• The weighted-average price was $1.01 per share, for total proceeds of approximately $31,035. The shares were sold in multiple transactions at prices ranging from $1.00 to $1.04.

Key Details

• Transaction date: 2026-04-28 (reported on Form 4 filed 2026-04-30).
• Price: Weighted average $1.01; individual trades ranged $1.00–$1.04 (report states full breakdown available on request).
• Shares sold: 30,728; Proceeds: ~$31,035.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: Transaction was executed under a Rule 10b5-1 trading plan adopted Dec 31, 2025 (pre-arranged plan). The filing notes the weighted-average price and offers to provide per-price breakdown on request.
• Timeliness: Filing date (2026-04-30) corresponds to the reported transaction date (2026-04-28) and appears timely.

Context

• This was a sale under a 10b5-1 plan, which is a pre-arranged trading program that allows insiders to sell shares according to a predetermined schedule; such sales are often routine and do not necessarily signal a change in the insider’s view of the company.
• No options were exercised and no gifts or tax-withholding were reported in this filing.