Welcome to our dedicated page for BILL HOLDINGS SEC filings (Ticker: BILL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BILL Holdings, Inc. filings document formal disclosures for its finance software and payments business, including quarterly results, GAAP and non-GAAP reconciliations, revenue categories, and material-event reports under Form 8-K. Recent filings also record share repurchase authorization disclosure and exit or disposal activity charges tied to organizational restructuring.
The company’s proxy and governance filings cover board elections, auditor ratification, advisory executive-compensation votes, director and officer changes, and principal accounting officer responsibilities. These records also describe stockholder voting outcomes and governance procedures for BILL’s public-company reporting.
BILL Holdings, Inc. filed an amended report updating details around the previously announced departures of Chief Technology Officer Ken Moss and Executive Vice President and General Manager of Payments and Financial Services Mary Kay Bowman, effective June 30, 2026.
The amendment describes separation agreements under which both executives will continue serving the company in an advisory capacity through June 30, 2027. In exchange for advisory services and a release of claims, each will receive a fiscal 2026 executive bonus at target or actual achievement if higher, a lump sum payment equal to six months’ salary, and, through June 30, 2027, continued vesting of outstanding equity awards other than certain performance-based restricted stock units tied to relative stock price, plus company-paid COBRA insurance coverage and continued access to private executive medical benefits.
BILL Holdings, Inc. Chief Product Officer Michael Cieri reported a combination of equity compensation vesting and planned share sales. On May 28, 2026, he exercised 51,591 Restricted Stock Units (RSUs), receiving the same number of common shares, with 18,716 shares withheld to cover tax obligations tied to the RSU vesting.
On May 29, 2026, he sold a total of 32,875 shares of common stock in open-market transactions at weighted average prices around the mid-$30s per share, in price ranges from $35.08 to $37.15. The sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 2, 2025, indicating they were scheduled in advance rather than timed discretionarily.
BILL Holdings CEO Rene A. Lacerte reported equity award activity rather than open‑market trading. On May 28, 2026, he exercised or converted equity awards into 31,286 shares of BILL common stock, reflecting vesting of Restricted Stock Units (RSUs) and Performance Stock Units (PSUs).
To cover related tax obligations from these vestings, the company withheld 15,922 shares at $34.85 per share, a non‑market disposition. After these transactions, Lacerte held 117,232 BILL shares directly, along with additional indirect holdings through multiple family trusts and the Makahakama Foundation.
BILL Holdings, Inc. Chief Technology Officer Kenneth A. Moss reported compensation-related stock activity on May 28, 2026. He exercised equity awards, converting restricted and performance stock units into a total of 25,668 shares of Common Stock. In connection with these vestings, 13,031 shares of Common Stock were withheld at $34.85 per share to satisfy tax obligations, rather than sold on the open market. After these transactions, one entry shows 161,475 shares of Common Stock held directly and another shows 4,800 shares held indirectly through his spouse, reflecting ongoing equity exposure while covering taxes on vested awards.
BILL Holdings, Inc. officer Mary Kay Bowman reported equity award vesting and related tax withholding. On May 28, 2026, she exercised or converted equity awards into a total of 18,934 shares of common stock through multiple transactions coded “M,” reflecting RSU and PSU vesting.
As part of these vestings, 6,976 shares of common stock were disposed of at $34.85 per share in a transaction coded “F” to satisfy tax withholding obligations, not as an open‑market sale. Footnotes explain that each RSU and PSU converts into one share of common stock and outline multi‑year vesting schedules tied to her continued service.
BILL executive John R. Rettig reported proposed transfers and recent sales of Common Stock under Rule 144. The filing lists a proposed transfer dated 03/06/2026 tied to shares acquired from RSU vestings between November 2023 and November 2025. It also discloses shares sold during the past three months: 136,306 shares on 05/28/2026 with an associated figure of $4,763,240 shown alongside that sale.
Seller files Form 144 proposing sale of common stock
The excerpt lists proposed sales of Common stock associated with exercises and restricted stock vesting, including 72,000 and 24,300 shares from option exercises on 05/28/2026, and restricted stock vesting of 8,522, 20,697 and 10,787 shares on 05/28/2025, 08/28/2025 and 11/28/2025 respectively. The filing names Morgan Stanley Smith Barney LLC Executive Financial Services as the broker/dealer and lists NYSE as the market.
BILL Holdings, Inc. announced a broad reshaping of its executive team and organization to support what it calls its next phase of growth as an AI-native company. Michael Cieri, currently Executive Vice President and General Manager of Software Solutions, has been promoted to Chief Product Officer and will lead a newly unified Product Organization spanning software, payments, and financial services.
Eric Chan, a founding engineer and former CTO, has been appointed Chief Technology Officer, succeeding Ken Moss, who will move into an advisory role. President and COO John Rettig will transition into a new role as Chief Strategy and Transformation Officer, focusing on enterprise strategy and long-term growth while retaining oversight of operational execution.
Several senior leaders will depart, including Chief Customer Officer Sarah Acton and Executive Vice President and General Manager of Payments and Financial Services Mary Kay Bowman, both of whom will shift into advisory roles to support transitions. BILL also stated it reaffirmed its previously issued guidance for its fiscal 2026 fourth quarter and full-year financial performance.
BILL Holdings, Inc. reported solid top-line growth but is restructuring aggressively. Revenue for the quarter ended March 31, 2026 rose to $406.6 million from $358.2 million, driven by subscription and transaction fees of $371.1 million and interest on customer funds of $35.4 million. Net income was $12.8 million, compared with an $11.6 million loss a year earlier.
Total Payment Volume reached $88.7 billion for the quarter and $273.1 billion year‑to‑date, up 12%. BILL serves about 493,800 businesses, with 34.0 million transactions processed in the quarter. Operating cash flow for the nine months was a strong $304.8 million, and total assets were $10.1 billion, including $994.7 million of cash and cash equivalents.
The company continues to scale its AI‑driven finance platform and BILL Spend and Expense card products, but credit portfolios are expanding, with higher provisions for expected credit losses on acquired card receivables and loans held for investment. BILL has issued $1.4 billion of 0% convertible notes due 2030 and maintains $330.0 million drawn on revolving credit facilities.
To "improve organizational agility and efficiency," BILL executed multiple reductions in force, including a ~6% cut in October 2025 and an additional RIF in March 2026. In May 2026, the board approved a further workforce reduction of up to 30%, with estimated restructuring charges of $30–$60 million, largely expected in the fourth quarter of fiscal 2026. These actions aim to enhance profitability but introduce execution risk and near‑term restructuring costs.