Expensify CEO David Barrett sold 16,200 shares on July 1st, reducing his ownership to 1,856,837 shares.

Expensify CEO David Barrett sold 16,200 shares on July 1st for an average of $1.53, reducing his stock ownership to 1,856,837 shares. Barrett has sold shares multiple times in June as well, totaling around $227,000. Expensify reported a Q1 loss of $0.04 per share and negative ROE of 39.36%. Institutional investors have recently increased their stakes in the company.