BILL Holdings director acquires 2,095 shares via RSU vesting

BILL Holdings, Inc. reported an insider equity transaction by a director.

Accepted by SEC EDGAR 12/09/2025 - 04:21 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

BILL Holdings, Inc. reported an insider equity transaction by a director. On December 5, 2025, the director acquired 2,095 shares of BILL common stock following the vesting and settlement of an equal number of restricted stock units (RSUs).

Each RSU represented the right to receive one share of common stock, and 100% of these RSUs vested on December 5, 2025. After this transaction, the director beneficially owns 10,207 shares of BILL common stock in direct ownership.

Insider Trade Summary

2,095 shares exercised/converted

Exercise 2 txns

Insider ALVAREZ AIDA

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,095	$0.00	$0.00
Exercise	Common Stock	2,095	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 10,207 shares (Direct)

Holdings Before and After: Restricted Stock Units, 2,095 to 0 contracts (Direct); Common Stock, 8,112 to 10,207 shares (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. 100% of the RSUs vested on December 5, 2025.

FAQ

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

What insider transaction did BILL (BILL) report in this Form 4?

A director of BILL Holdings, Inc. reported the acquisition of 2,095 shares of common stock on December 5, 2025 through the vesting and settlement of restricted stock units.

How many BILL shares does the reporting person own after this transaction?

Following the reported transaction, the director beneficially owns 10,207 shares of BILL Holdings, Inc. common stock in direct ownership.

What are the details of the restricted stock units in this BILL Form 4?

Each restricted stock unit (RSU) represents a contingent right to receive one share of BILL common stock. In this filing, 2,095 RSUs converted into 2,095 shares of common stock.

When did the BILL restricted stock units vest?

The filing states that 100% of the RSUs vested on December 5, 2025, triggering the delivery of 2,095 shares of BILL common stock to the director.

What transaction code is used in this BILL Form 4 filing?

The transaction is reported with code M, which indicates an exercise or conversion of a derivative security, in this case the RSUs converting into common stock.

Is the BILL insider transaction reported as direct or indirect ownership?

The 10,207 shares of BILL common stock beneficially owned after the transaction are reported as direct (D) ownership.

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^*

ALVAREZ AIDA

(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)
12/05/2025

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
Common Stock	12/05/2025		M		2,095	A	(1)	10,207	D

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)	12/05/2025		M			2,095	(2)	(2)	Common Stock	2,095	$0	0	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. 100% of the RSUs vested on December 5, 2025.

	/s/ Michael Dunn, Attorney-in-Fact	12/09/2025
	** 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.