BILL Holdings (BILL) director reports 3,639 restricted stock units granted

Rhea-AI Filing Summary

BILL Holdings, Inc. reported that one of its directors acquired 3,639 restricted stock units (RSUs) on 12/11/2025. Each RSU represents a contingent right to receive one share of the company’s common stock and is shown with a price of $0, indicating stock-based compensation rather than a cash purchase.

The RSUs will become 100% vested on the earlier of the next annual stockholders meeting or one year from the grant date, subject to the director’s continued service through the vesting date. Following this transaction, the director beneficially owns 3,639 derivative securities, held directly, linked to BILL Holdings common stock.

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^*

Hornik David

(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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

The filing reports that a director of BILL Holdings, Inc. acquired 3,639 restricted stock units (RSUs) on 12/11/2025, shown as an acquisition in the derivative securities table.

How many restricted stock units did the BILL Holdings (BILL) director receive and what do they represent?

The director received 3,639 RSUs. Each RSU represents a contingent right to receive one share of BILL Holdings’ common stock, as described in the explanation of responses.

When do the RSUs reported for BILL Holdings (BILL) vest?

The RSUs will be 100% vested on the earlier of (a) the date of the next annual stockholders meeting and (b) one year from the date of grant, assuming the director continues in service through that vesting date.

What is the price and structure of the RSUs reported for BILL Holdings (BILL)?

The RSUs are listed with a price of $0 per derivative security and are classified as restricted stock units that settle into shares of common stock, rather than a cash purchase at market price.

How many derivative securities does the BILL Holdings (BILL) director own after this transaction?

After this transaction, the reporting director beneficially owns 3,639 derivative securities, corresponding to the 3,639 RSUs, and the ownership form is reported as direct (D).

What ongoing service condition applies to the BILL Holdings (BILL) RSU award?

The RSUs are subject to a continued service requirement. They vest only if the director continues to serve through the earlier of the next annual stockholders meeting or one year from the grant date.