BILL grants 46,856 RSUs to product chief

Chief Product Officer Michael Cieri was granted 46,856 RSUs in a three-year, service-based vesting award at BILL Holdings, Inc.

Rhea-AI Filing Summary

BILL Holdings, Inc. (symbol: BILL) is the issuer of record for a Form 4 filing submitted to the SEC. Cieri Michael reported acquisition or exercise transactions in this Form 4 filing.

BILL Holdings, Inc. (BILL) reported that Chief Product Officer Michael Cieri received a grant of 46,856 Restricted Stock Units (RSUs) on September 15, 2026. Each RSU represents a contingent right to receive one share of common stock and will vest in 12 equal quarterly installments over three years beginning November 28, 2026, subject to his continuing service. All 46,856 RSUs are held as a direct ownership position, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 46,856 shares

Grant/Award 1 txn

Insider Cieri Michael

Role Chief Product Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F1, F2	46,856	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 46,856 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 in 12 equal quarterly installments over three years, beginning November 28, 2026, subject to the continuing service of the Reporting Person on each vesting date.

Key Figures

RSUs granted: 46,856 units Underlying common shares: 46,856 shares Vesting duration: 3 years +3 more

6 metrics

RSUs granted 46,856 units Grant to Chief Product Officer Michael Cieri on September 15, 2026

Underlying common shares 46,856 shares Each RSU represents one share of common stock

Vesting duration 3 years 12 equal quarterly installments beginning November 28, 2026

Number of vesting installments 12 installments RSUs vest quarterly over three years

Shares following transaction 46,856 RSUs Total RSUs directly held after the reported grant

Transaction price per RSU $0.00 per unit Equity award reported with no purchase price

Key Terms

Restricted Stock Units, contingent right, vesting, continuing service

4 terms

Restricted Stock Units financial

"Each Restricted Stock Unit ("RSU") represents a contingent right"

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.

contingent right financial

"represents a contingent right to receive one share of the Issuer's Common Stock"

vesting financial

"The RSUs vest in 12 equal quarterly installments over three years"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

continuing service financial

"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 equity award did BILL (BILL) grant to Chief Product Officer Michael Cieri?

BILL granted Michael Cieri 46,856 Restricted Stock Units (RSUs) on September 15, 2026. Each RSU represents a contingent right to receive one share of the company’s common stock, forming a direct equity position tied to his ongoing service.

How do the new RSUs for BILL’s Chief Product Officer vest?

The 46,856 RSUs vest in 12 equal quarterly installments over three years, beginning November 28, 2026. Vesting is subject to Michael Cieri’s continuing service with the company on each vesting date.

What is Michael Cieri’s reported RSU holding in BILL (BILL) after this Form 4 transaction?

After this grant, Michael Cieri is reported as directly holding 46,856 Restricted Stock Units. Each RSU corresponds to one share of BILL Holdings, Inc. common stock, subject to the stated vesting schedule and service condition.

Was the BILL (BILL) RSU grant to Michael Cieri made under a Rule 10b5-1 plan?

No. The filing indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this RSU grant.

What type of security was reported for the BILL (BILL) Form 4 filed for Michael Cieri?

The Form 4 reports a grant of Restricted Stock Units, a derivative security. Each RSU represents a contingent right to receive one share of BILL Holdings, Inc. common stock if and as it vests over time.

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

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Available on EDGAR 09/17/2026 - 04:06 PM Accepted by SEC EDGAR 09/17/2026 - 04:05 PM Learn about SEC filing dates

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^*

Cieri Michael

(Last) (First) (Middle)

C/O BILL HOLDINGS, INC.

6220 AMERICA CENTER DRIVE, SUITE 100

(Street)

SAN JOSE CALIFORNIA 95002

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

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

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

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

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)	09/15/2026		A		46,856		(2)	(2)	Common Stock	46,856	$0	46,856	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 in 12 equal quarterly installments over three years, beginning November 28, 2026, subject to the continuing service of the Reporting Person on each vesting date.

	/s/ Michael Dunn, Attorney-in-Fact	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)