{
  "id": 19955476,
  "title": "Expensify director Steven McLaughlin sells $988,745 in shares",
  "url": "https://urgent.news/2026/11/14/expensify-director-steven-mclaughlin-sells-988-745-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-14T09:01:10.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/expensify-director-steven-mclaughlin-sells-988745-in-shares-93CH-5027240"
  },
  "original_language": "en",
  "account": "Steven McLaughlin, a director of Expensify, Inc., sold a total of 557,548 shares of the company's Class A Common Stock in three consecutive days in November 2026. The total value of the sales amounted to approximately $988,745, with prices per share ranging from $1.693 to $1.853. These sales occurred as the stock price had decreased by 10% over the previous week, although it remains up 61% over the past six months. According to InvestingPro analysis, Expensify appears undervalued at its current price of $1.84, trading slightly below its Fair Value estimate. McLaughlin's shares were sold in three separate transactions: 181,553 shares on November 9 at an average price of $1.853, 196,809 shares on November 10 at an average price of $1.693, and 179,186 shares on November 11 at an average price of $1.781. Following these sales, McLaughlin still holds a beneficial ownership of 11,645,845 shares indirectly through the Trust, of which he is the sole trustee, and an additional 1,783,610 shares indirectly owned by EXP 2020 SPV LP, with SF Roofdeck GP LLC serving as the general partner. McLaughlin has clarified that he does not hold any beneficial interest in these shares beyond his financial stake. This report is an amendment correcting an initial error in the transaction code, which was mistakenly reported as a purchase.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}