BILL HOLDINGS, INC SEC Filings

Rene A. Lacerte, CEO and director of BILL Holdings, Inc. (BILL), was awarded 87,600 restricted stock units (RSUs) on 09/15/2025. Each RSU represents a contingent right to receive one share of common stock and the award is held directly by the reporting person. The RSUs vest in 12 equal quarterly installments over three years beginning November 28, 2025, subject to the reporting persons continued service on each vesting date. The reported grant shows 87,600 shares beneficially owned following the transaction and a reported price of $0 per RSU. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.

BILL Holdings, Inc. reporting person John R. Rettig, identified as the company's Chief Operating Officer, was granted 73,000 Restricted Stock Units (RSUs) with an effective transaction date of 09/15/2025. Each RSU represents a contingent right to one share of the issuer's common stock and the reporting person held 73,000 shares following the reported grant. The RSUs vest in 12 equal quarterly installments over three years, with vesting beginning on November 28, 2025, and are subject to the reporting persons continued service on each vesting date. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.

BILL Holdings insider awarded 2,920 restricted stock units (RSUs) as reported in a Form 4 filing. Each RSU represents the contingent right to one share of common stock and the award was granted with zero exercise price. The RSUs are scheduled to vest in four equal quarterly installments over one year, beginning on November 28, 2025, subject to the reporting persons continued service. After the grant the reporting person beneficially owns 2,920 shares attributable to the RSUs, held directly. The transaction was executed on 09/15/2025 and reported by an attorney-in-fact.

BILL Holdings, Inc. (BILL) reporting person Kenneth A. Moss, Chief Technology Officer, reported awards of Restricted Stock Units (RSUs) on 09/15/2025. The filing shows 45,650 RSUs granted to Mr. Moss as direct holdings and 633 RSUs reported as indirectly held (attributable to the reporting person’s spouse, with a disclaimer). Each RSU converts to one share and vests in four equal quarterly installments over one year beginning November 28, 2025, subject to continued service. The reported grants have a $0 per-share price (i.e., stock awards rather than purchases). The Form 4 was signed by attorney-in-fact on 09/17/2025.

Mary Kay Bowman, listed as an officer and director of BILL Holdings, Inc. (BILL), reported a grant of 29,346 restricted stock units (RSUs) on 09/15/2025. Each RSU converts to one share of common stock and the RSUs carry a $0 per-share grant price. The RSUs vest in four equal quarterly installments over one year beginning November 28, 2025, subject to Ms. Bowman’s continued service on each vesting date. Following the reported grant, Ms. Bowman beneficially owns 29,346 shares directly from this award. The filing was submitted via attorney-in-fact and signed on 09/17/2025.

Amendment No. 1 to a Schedule 13D filed by Starboard-related reporting persons discloses an 8.5% beneficial ownership position in BILL Holdings, Inc., which includes 1,614,152 shares underlying forward purchase contracts exercisable within 60 days. Starboard delivered a nomination letter on September 5, 2025, proposing four director nominees: Liat Ben-Zur, Nancy Disman, Peter A. Feld and Frank T. Young for election at BILL's 2025 annual meeting. The filing describes a Group Agreement coordinating joint Schedule 13D filings and a Solicitation to elect the Nominees; Starboard agreed to bear solicitation expenses for specified entities. Starboard also entered indemnification and compensation letter agreements with the Nominees (each nominee other than Mr. Feld to receive $25,000 on nomination and $25,000 upon filing a definitive proxy), and the Nominees (other than Mr. Feld) granted powers of attorney to execute solicitation-related SEC filings.

T. Rowe Price Associates, Inc. reports beneficial ownership of 3,293,989 shares of BILL Holdings Inc. common stock, representing 3.2% of the class. The filing shows 3,196,475 shares with sole voting power and 3,293,603 shares with sole dispositive power, and no shared voting or dispositive power. The statement is submitted on a Schedule 13G/A and includes a certification that the shares are held in the ordinary course of business and not to influence control of the issuer.

Starboard Value group disclosed an 8.5% economic and voting stake in BILL Holdings, Inc., owning 8,639,900 shares of common stock based on 101,628,611 shares outstanding. The filing aggregates holdings across affiliated funds and entities and notes 1,614,152 shares are subject to forward purchase contracts exercisable within 60 days. Starboard reports aggregate purchase prices for major holdings (e.g., $205.7m for 4,597,782 shares held by Starboard V&O Fund, including $69.1m paid for forward contracts). The group states it believes the shares were undervalued and intends to nominate a slate of directors at the 2025 annual meeting while engaging with management on value-creation initiatives.