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Expensify director Mills sells $12,883 in shares

Published 24/09/2025, 22:56
Expensify director Mills sells $12,883 in shares
EXFY
1.69%

Expensify, Inc. (NASDAQ:EXFY) Director Jason Fahr Mills sold a total of 6,733 shares of Class A Common Stock between September 16 and September 18, 2025, for approximately $12,883. The sales prices ranged from $1.90 to $1.95 per share. The company, currently valued at $182.5 million, has seen its stock decline by 42% over the past six months, though InvestingPro analysis suggests the stock is currently undervalued.

According to a Form 4 filing with the Securities and Exchange Commission, on September 16, Mills sold 4,921 shares at prices ranging from $1.86 to $1.92. On September 18, the director sold 1,812 shares at prices ranging from $1.91 to $2.00.

The same day, Mills acquired 42,947 shares of Class A Common Stock at $1.94 per share and 20,006 shares at $0, for a total value of $83,317. Mills also acquired 3,821 shares of Class A Common Stock upon the conversion of restricted stock units.

These transactions occurred following the vesting of restricted stock units, which convert into Class A Common Stock.

In other recent news, Expensify Inc. reported its second-quarter results for 2025, revealing a shortfall in earnings and revenue. The company posted an earnings per share (EPS) of -$0.10, significantly missing the expected $0.04, marking a surprise of -350%. Revenue was reported at $35.8 million, slightly under the anticipated $36.22 million. In addition to its financial results, Expensify announced a new integration with DoorDash for Business. This integration will automate the import of receipts into Expensify’s expense management platform, reducing the need for manual entry. This development aims to streamline the process for business users seeking reimbursement or reconciling company card purchases. The recent earnings miss and new integration highlight the company’s ongoing efforts to enhance its service offerings despite financial challenges.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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