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Expensify, Inc. NASDAQ:EXFY Chief Financial Officer Ryan Schaffer reported selling 2,820 shares of Class A Common Stock on June 18, 2025, according to a Form 4/A filing with the Securities and Exchange Commission. The company, currently valued at $182.5 million, has seen its stock decline over 42% in the past six months, though InvestingPro analysis suggests the stock is currently undervalued. The shares were sold at a weighted average price of $2.22, for a total transaction value of $6260.
The prices for the sale ranged from $2.19 to $2.26. The sale was to cover taxes upon the vesting of restricted stock units for certain employees of Expensify, Inc.
Following the transaction, Schaffer directly owns 169,178 shares of Expensify, Inc.
In other recent news, Expensify Inc. reported its financial results for the second quarter of 2025, revealing a significant miss in earnings expectations. The company posted an earnings per share (EPS) of -$0.10, falling short of the forecasted $0.04, marking a surprise of -350%. Revenue also came in slightly below expectations, at $35.8 million compared to the anticipated $36.22 million. In addition to these financial results, Expensify has introduced a new integration with DoorDash for Business. This collaboration allows for the automatic import of receipts into Expensify’s expense management platform, streamlining the process for business users. The integration aims to eliminate the need for manual entry when handling reimbursements or reconciling company card purchases. These developments come as Expensify continues to navigate its financial performance and expand its service offerings.
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