BILL (NYSE: BILL) CTO nets stock after RSU and PSU vesting
Rhea-AI Filing Summary
BILL Holdings, Inc. Chief Technology Officer Kenneth A. Moss reported compensation-related stock activity on May 28, 2026. He exercised equity awards, converting restricted and performance stock units into a total of 25,668 shares of Common Stock. In connection with these vestings, 13,031 shares of Common Stock were withheld at $34.85 per share to satisfy tax obligations, rather than sold on the open market. After these transactions, one entry shows 161,475 shares of Common Stock held directly and another shows 4,800 shares held indirectly through his spouse, reflecting ongoing equity exposure while covering taxes on vested awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
25,668 shares exercised/converted
Mixed
13 txns
Insider
Moss Kenneth A
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,374 | $0.00 | -- |
| Exercise | Performance Stock Units | 1,982 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,561 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,412 | $0.00 | -- |
| Exercise | Restricted Stock Units | 36 | $0.00 | -- |
| Exercise | Restricted Stock Units | 61 | $0.00 | -- |
| Exercise | Restricted Stock Units | 84 | $0.00 | -- |
| Exercise | Restricted Stock Units | 158 | $0.00 | -- |
| Exercise | Common Stock | 23,347 | $0.00 | -- |
| Exercise | Common Stock | 1,982 | $0.00 | -- |
| Exercise | Common Stock | 339 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,889 | $34.85 | $449K |
| Tax Withholding | Common Stock | 142 | $34.85 | $5K |
Holdings After Transaction:
Restricted Stock Units — 33,494 shares (Direct);
Performance Stock Units — 9,912 shares (Direct);
Restricted Stock Units — 37 shares (Indirect, See Footnote);
Common Stock — 172,382 shares (Direct);
Common Stock — 4,800 shares (Indirect, See Footnote)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. Includes 330 shares of the Issuer's Common Stock acquired under the Issuer's employee stock purchase plan on May 15, 2026. Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock. Includes 466 shares of the Issuer's Common Stock acquired under the Issuer's employee stock purchase plan on May 15, 2026. Represents shares held by the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of the shares except to the extent of the Reporting Person's pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs. The RSUs vest as to 1/4th of the total shares on May 28, 2024, 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. The PSUs vest over three years; 1/3rd vests on August 28, 2025, 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. The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2024, subject to the continuing service of the Reporting Person on each vesting date. The RSUs vest in 4 equal quarterly installments over one year, beginning November 28, 2025, subject to the continuing service of the Reporting Person on each vesting date. The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2022, subject to the continuing service of the Reporting Person on each vesting date. The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2023, subject to the continuing service of the Reporting Person on each vesting date. The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2024, subject to the continuing service of the Reporting Person on each vesting date.
Key Figures
Shares exercised: 25,668 shares
Tax withholding shares: 13,031 shares
Tax withholding price: $34.85 per share
+4 more
7 metrics
Shares exercised
25,668 shares
Total derivative exercises reported in transaction summary
Tax withholding shares
13,031 shares
Shares withheld to satisfy tax obligations on vesting
Tax withholding price
$34.85 per share
Price used for Form F tax-withholding dispositions
Direct common shares
161,475 shares
Common Stock held directly after one tax-withholding transaction
Indirect common shares
4,800 shares
Common Stock held indirectly through spouse after an exercise
Derivative exercises (count)
8 transactions
Number of M-code derivative exercises in transaction summary
Tax-withholding transactions
2 transactions
Number of F-code dispositions used for taxes
Key Terms
Restricted Stock Units, Performance Stock Units, employee stock purchase plan, tax withholding obligation, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock."
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.
Performance Stock Units financial
"Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
employee stock purchase plan financial
"Includes 330 shares of the Issuer's Common Stock acquired under the Issuer's employee stock purchase plan on May 15, 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax withholding obligation financial
"Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares except to the extent of the Reporting Person's pecuniary interest therein, if any,"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BILL (BILL) CTO Kenneth Moss report?
Kenneth Moss reported exercises of equity awards and tax-related share withholdings. He converted restricted and performance stock units into Common Stock and had 13,031 shares withheld at $34.85 per share to cover tax obligations tied to these vesting events.
How do the BILL (BILL) CTO’s RSUs and PSUs convert into Common Stock?
Each restricted stock unit and performance stock unit converts into one share of Common Stock when it vests. Vesting occurs over multi-year schedules, often in quarterly installments, conditioned on the CTO’s continued service with BILL Holdings, Inc. at each scheduled vesting date.