BILL Holdings director reports 7,831 RSU grant, vests 2026–2028

BILL Holdings (BILL) reported a routine insider equity grant on Form 4.

Accepted by SEC EDGAR 10/21/2025 - 04:27 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

BILL Holdings (BILL) reported a routine insider equity grant on Form 4. A director received 7,831 Restricted Stock Units (RSUs) on 10/17/2025. Each RSU represents the right to receive one share of common stock. The RSUs vest in three equal annual installments on October 17, 2026, October 17, 2027, and October 17, 2028, contingent on continued service. The filing lists the award at $0 per unit and shows direct ownership.

Insider Trade Summary

Grant/Award: 7,831 shares

Grant/Award 1 txn

Insider Kirkpatrick Lee

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	7,831	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 7,831 contracts (Direct)

Holdings Before and After: Restricted Stock Units, 0 to 7,831 contracts (Direct)

Footnotes (2)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
2. F2. The RSUs vest as to 1/3 of the total shares annually on each of October 17, 2026, October 17, 2027 and October 17, 2028, subject to the continuing service of the Reporting Person on each vesting date.

FAQ

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

What did BILL (BILL) disclose in this Form 4?

A director received 7,831 RSUs on 10/17/2025, each representing one share of common stock.

What is the vesting schedule for the 7,831 RSUs at BILL?

The RSUs vest in three equal parts on 10/17/2026, 10/17/2027, and 10/17/2028, subject to continued service.

How many shares do the RSUs at BILL represent?

Each RSU equals one share of BILL’s common stock, for a total underlying 7,831 shares.

What was the price listed for the RSU grant at BILL?

The filing lists the RSUs at $0 per unit.

Is the ownership direct or indirect for the reported RSUs at BILL?

The filing indicates direct (D) ownership of the 7,831 RSUs.

Who filed the BILL Form 4 and how?

The Form 4 was filed for one reporting person and signed by /s/ Michael Dunn, Attorney-in-Fact on 10/21/2025.

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

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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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Kirkpatrick Lee

(Last) (First) (Middle)

C/O BILL HOLDINGS, INC.

6220 AMERICA CENTER DRIVE, 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)
10/17/2025

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)	10/17/2025		A		7,831		(2)	(2)	Common Stock	7,831	$0	7,831	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 vest as to 1/3 of the total shares annually on each of October 17, 2026, October 17, 2027 and October 17, 2028, subject to the continuing service of the Reporting Person on each vesting date.

	/s/ Michael Dunn, Attorney-in-Fact	10/21/2025
	** 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.