BILL CFO sells 33,470 shares near $48 each
BILL CFO Rohini Jain’s plan saw RSU/PSU conversions into common shares and later sales of 29,555 and 3,915 shares under Rule 10b5-1.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
BILL Holdings, Inc. (BILL) reported that Chief Financial Officer Rohini Jain exercised equity awards and sold common stock. On August 28, 2026, RSUs and PSUs covering 62,070 shares converted into the same number of common shares, and 28,600 shares were withheld to satisfy tax obligations. On September 1, 2026, Jain sold 29,555 shares at a weighted-average price of $47.80 and 3,915 shares at a weighted-average price of $48.70, all pursuant to a Rule 10b5-1 trading plan.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
7 txns
Insider
Jain Rohini
Role
Chief Financial Officer
Sold
33,470 shs ($1.60M)
Approx. gross sale proceeds
$1.60M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F4, F5 | 29,555 | $47.7997 | $1.41M |
| Sale | Common Stock F4, F6 | 3,915 | $48.7033 | $191K |
| Exercise | Restricted Stock Unit F1, F7 | 50,315 | $0.00 | $0.00 |
| Exercise | Performance Stock Units F2, F8 | 11,755 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 50,315 | -- | -- |
| Exercise | Common Stock F2 | 11,755 | -- | -- |
| Tax Withholding | Common Stock F3 | 28,600 | $50.31 | $1.44M |
Holdings After Transaction:
Restricted Stock Unit — 150,943 contracts (Direct);
Performance Stock Units — 23,507 contracts (Direct);
Common Stock — 0 shares (Direct)
Footnotes (8)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2. Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
- F3. Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
- F4. The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 30, 2026.
- F5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.51 to $48.50 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.51 to $49.05 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F7. The RSUs vest as to 1/4th of the total shares on August 28, 2026, and thereafter 1/16th of the total shares vest quarterly over three years, subject to the continued service of the Reporting Person on each vesting date.
- F8. The PSUs vest and settle over three years; 1/3rd vests on August 28, 2026, and thereafter the remaining 2/3rd will vest quarterly over two years, subject to the continuing service of the Reporting Person on each vesting date.
Key Figures
Shares sold at $47.7997: 29,555 shares
Shares sold at $48.7033: 3,915 shares
RSU conversion to common stock: 50,315 shares
+5 more
8 metrics
Shares sold at $47.7997
29,555 shares
Common stock sale on September 1, 2026 under Rule 10b5-1 plan
Shares sold at $48.7033
3,915 shares
Common stock sale on September 1, 2026 under Rule 10b5-1 plan
RSU conversion to common stock
50,315 shares
RSUs converted into common stock on August 28, 2026
PSU conversion to common stock
11,755 shares
PSUs converted into common stock on August 28, 2026
Shares withheld for taxes
28,600 shares at $50.31 per share
Withheld in connection with RSU and PSU vesting on August 28, 2026
RSUs remaining after transaction
150,943 units
Restricted Stock Units position following August 28, 2026 conversion
PSUs remaining after transaction
23,507 units
Performance Stock Units position following August 28, 2026 conversion
Net shares sold
33,470 shares
Net buy/sell direction across reported common stock sales
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Unit, Performance Stock Unit, weighted average price, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance Stock Unit financial
"Each Performance Stock Unit ("PSU") represents a conditional right"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligation financial
"Represents shares withheld to satisfy the tax withholding obligation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BILL (BILL Holdings, Inc.) disclose for Rohini Jain?
BILL disclosed that CFO Rohini Jain had RSUs and PSUs for 62,070 shares convert into common stock on August 28, 2026, with 28,600 shares withheld for taxes, and then sold a total of 33,470 shares of common stock on September 1, 2026.
Were the recent BILL (BILL) insider sales under a Rule 10b5-1 plan?
Yes. The filing states the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 30, 2026, and the form’s Rule 10b5-1 checkbox is affirmatively marked.
What BILL (BILL) equity awards did the CFO have convert into common stock?
On August 28, 2026, Restricted Stock Units covering 50,315 shares and Performance Stock Units covering 11,755 shares converted into an equal number of common shares, as each RSU or PSU represents a right to receive one share of BILL common stock.
What vesting schedule applies to the BILL (BILL) RSUs and PSUs mentioned?
The RSUs vest 1/4 on August 28, 2026 and 1/16 quarterly over three years thereafter, subject to continued service. The PSUs vest and settle over three years: 1/3 on August 28, 2026, and the remaining 2/3 quarterly over two years, also subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
