BILL Holdings, Inc. (BILL) director granted 3,639 RSUs

Rhea-AI Filing Summary

BILL Holdings, Inc. reported an insider equity grant to one of its directors. On 12/11/2025, the director acquired 3,639 restricted stock units (RSUs), each representing a contingent right to receive one share of BILL Holdings common stock.

The RSUs will become 100% vested on the earlier of the company’s next annual stockholders meeting or one year from the grant date, and this vesting is subject to the director’s continued service through that date. Following this transaction, the director directly holds 3,639 derivative securities tied to shares of the company’s common stock, reflecting a standard form of equity-based incentive alignment with shareholders.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kline Katherine M. A.

(Last) (First) (Middle)

C/O BILL HOLDINGS, INC.

6220 AMERICA CENTER DR., SUITE 100

(Street)

SAN JOSE CA 95002

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
BILL Holdings, Inc. [ BILL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/11/2025		A		3,639		(2)	(2)	Common Stock	3,639	$0	3,639	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.

2. The RSUs shall be 100% vested on the earlier of (a) the date of next annual stockholders meeting and (b) one year from the date of grant, subject to continued service on such vesting date.

	/s/ Michael Dunn, Attorney-in-Fact	12/15/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did BILL (BILL) report in this filing?

BILL Holdings, Inc. reported that a director received a grant of 3,639 restricted stock units (RSUs), each linked to one share of the company’s common stock.

How many restricted stock units were granted to the BILL Holdings director?

The director was granted 3,639 RSUs, and each RSU represents a contingent right to receive one share of BILL Holdings common stock.

When do the BILL Holdings RSUs granted on 12/11/2025 vest?

The RSUs will be 100% vested on the earlier of the date of the next annual stockholders meeting or one year from the 12/11/2025 grant date, subject to the director’s continued service.

What is the exercise or purchase price of the RSUs reported by BILL Holdings?

The RSUs were reported with a price of $0, meaning the director is not required to pay an exercise price to receive the underlying common shares upon vesting.

How many derivative securities does the director own after this BILL Holdings grant?

After the reported transaction, the director directly beneficially owns 3,639 derivative securities in the form of RSUs tied to BILL Holdings common stock.

What ongoing condition applies to the vesting of BILL Holdings RSUs?

Vesting of the RSUs is subject to the director’s continued service with BILL Holdings through the vesting date, either the next annual stockholders meeting or one year from the grant.