Expensify: Employees purchased 147K shares of company stock via SPMP in quarter

Expensify announced that during the quarter ended March 31 the Company’s employees purchased 147,319 shares of Class A common stock via its Stock Purchase and Matching Plan, SPMP. Executives’ purchases made up 38,928 of those shares. "I remain confident in our long-term prospects, which can be seen by continuing to contribute 100% of my salary to our SPMP program," said David Barrett, Founder and CEO of Expensify. At the time of the purchase, the aggregate value of the purchased shares were $1.1M based on a $7.46 market share price.