BILL Holdings holder plans $1.84M stock sale

BILL Holdings, Inc. (BILL) received a notice that Makahakama Trust U/A DTD 02/15/2004 intends to sell shares of the company’s common stock under Rule 144.

Rhea-AI Filing Summary

BILL Holdings, Inc. (BILL) received a notice that Makahakama Trust U/A DTD 02/15/2004 intends to sell shares of the company’s common stock under Rule 144. The notice covers 38,739 shares of common stock with an aggregate market value of $1,844,751.18, listed as of September 2, 2026. The filing notes that 85,276,782 shares of common stock were outstanding. The securities to be sold were acquired through an employee stock purchase plan on September 3, 2021 and upon vesting of restricted stock units during the period from November 28, 2023 through May 28, 2024. The notice is signed by Rene Lacerte.

Key Figures

Shares to be sold: 38,739 shares Aggregate market value of shares to be sold: $1,844,751.18 Shares outstanding: 85,276,782 shares +3 more

6 metrics

Shares to be sold 38,739 shares Common stock covered by the Rule 144 notice

Aggregate market value of shares to be sold $1,844,751.18 Value for the 38,739 BILL common shares referenced in the notice

Shares outstanding 85,276,782 shares BILL common stock outstanding where the planned sale is reported

RSU shares acquired 38,152 shares Acquired upon vesting of restricted stock units from November 28, 2023 through May 28, 2024

ESPP shares acquired 587 shares Acquired under the employee stock purchase plan on September 3, 2021

Date of Notice September 2, 2026 Date listed in the Form 144 notice

Key Terms

Rule 144, Restricted Stock Units, Employee Stock Purchase Plan, aggregate market value

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Restricted Stock Units financial

"Common | 11/28/2023 | Restricted Stock Units | Issuer"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Employee Stock Purchase Plan financial

"Common | 09/03/2021 | Employee Stock Purchase Plan | Issuer"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

aggregate market value financial

"Common ... | 38739 | 1844751.18 | 85276782 | 09/02/2026"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for BILL shareholders?

The filing reports that Makahakama Trust U/A DTD 02/15/2004 plans to sell 38,739 shares of BILL common stock under Rule 144, with an aggregate market value of $1,844,751.18. It is a notice of a potential resale by an existing holder, not a new share issuance.

How many BILL (BILL) shares are covered by this Rule 144 notice?

The notice covers 38,739 shares of BILL Holdings, Inc. common stock. These shares are identified in connection with Morgan Stanley Smith Barney LLC Executive Financial Services, with trading referenced on the NYSE as of September 2, 2026.

What is the approximate value of the BILL shares in this Form 144?

The filing lists an aggregate market value of $1,844,751.18 for the 38,739 shares of BILL common stock covered by the notice, based on the figures reported in the document.

How were the BILL shares to be sold originally acquired?

According to the filing, 587 shares were acquired under an employee stock purchase plan on September 3, 2021, and 38,152 shares were acquired upon vesting of restricted stock units during the period from November 28, 2023 through May 28, 2024.

How many BILL shares were outstanding according to this filing?

The Form 144 states that there were 85,276,782 shares of BILL Holdings, Inc. common stock outstanding, in the same row where the planned sale of 38,739 shares and related values are reported.

Who signed the Form 144 related to BILL (BILL)?

The notice is signed by /s/ Rene Lacerte, dated September 2, 2026 and June 3, 2026 in the signature area, in connection with the planned sale of shares held for the account of Makahakama Trust.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/02/2026 - 05:06 PM EDT Accepted by SEC EDGAR 09/02/2026 - 05:05 PM EDT Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001795497
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	BILL HOLDINGS INC
SEC File Number	001-39149
Address of Issuer	6220 America Center Drive, Suite 100 San Jose CALIFORNIA 95002
Phone	6506217700
Name of Person for Whose Account the Securities are To Be Sold	MAKAHAKAMA TRUST U/A DTD 02/15/2004
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	38739	1844751.18	85276782	09/02/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/28/2023	Restricted Stock Units	Issuer			38152	11/28/2023	N/A
Common	09/03/2021	Employee Stock Purchase Plan	Issuer			587	09/03/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were acquired under the employee stock purchase plan on 09/03/2021 through 02/06/2024. The securities to be sold were acquired upon the vesting of restricted stock units during the period of 11/28/2023 through 05/28/2024.
Date of Notice	09/02/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	06/03/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Rene Lacerte
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)