Alvarez Divo Carlos Eduardo 4

What Happened

• Carlos Eduardo Alvarez Divo, a director of Expensify, sold 10,700 shares on June 15, 2026. The reported weighted-average price was $1.28 per share for total proceeds of $13,696. The filing lists the disposition as open-market or private sale (code S).

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-16 (appears timely).
• Price: weighted average $1.28; sale prices ranged from $1.26 to $1.32 per share (footnote).
• Total shares sold: 10,700; total proceeds: $13,696.
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — sale was made under a Rule 10b5-1 trading plan adopted December 31, 2025; F2 — price is a weighted average across multiple transactions and the filer will provide per-price breakdown on request.
• Filing timeliness: filing was made the day after the trade and is not indicated as late.

Context

• Sales executed under a 10b5-1 plan are prearranged trading programs and are often scheduled in advance, which limits the ability to infer the director’s current view of the company. Sales are common and generally less informative than insider purchases. This filing reports a straightforward sale (no option exercise, gift, or award involved).