Welcome to our dedicated page for BILL Holdings SEC filings (Ticker: BILL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
BILL Holdings, Inc. filings document formal disclosures for its finance software and payments business, including quarterly results, GAAP and non-GAAP reconciliations, revenue categories, and material-event reports under Form 8-K. Recent filings also record share repurchase authorization disclosure and exit or disposal activity charges tied to organizational restructuring.
The company’s proxy and governance filings cover board elections, auditor ratification, advisory executive-compensation votes, director and officer changes, and principal accounting officer responsibilities. These records also describe stockholder voting outcomes and governance procedures for BILL’s public-company reporting.
BILL Holdings (BILL) — Schedule 13D/A update: Starboard Value LP reported beneficial ownership of 8,639,900 shares of BILL common stock, representing 8.6% of the class. The percentage is based on 100,885,582 shares outstanding as of October 15, 2025. The reported amount includes 1,614,152 shares underlying forward purchase contracts exercisable within 60 days.
Starboard and BILL entered into an agreement addressing Board composition and governance. BILL accepted the resignation of Stephen Fisher, increased the Board from 12 to 13 directors, and appointed Peter A. Feld and Lee Kirkpatrick as Class II directors through the 2027 annual meeting. BILL will nominate Beth Johnson and Natalie Derse, along with incumbents David Hornik and Katherine (Allie) Kline, as Class III directors at the 2025 annual meeting.
Committee assignments include Feld (Nominating & Corporate Governance), Kirkpatrick (Audit), Johnson (Compensation) and Derse (Audit). During the standstill period, the Board will not exceed 13 seats without Starboard’s consent. If Feld ceases to serve and Starboard maintains at least the lesser of 3% of outstanding shares and 3,026,567 shares, Starboard may recommend a replacement. Starboard agreed to vote per Board recommendations at the 2025 meeting, with an ISS/Glass Lewis carve‑out on certain proposals.
BILL Holdings announced a cooperation agreement with Starboard Value that reshapes its Board and ends a potential proxy contest. The company confirmed the resignation of Stephen Fisher as a Class II director on October 14, 2025, increased the Board size from 12 to 13, and appointed Peter A. Feld and Lee Kirkpatrick as Class II directors, each serving until the 2027 annual meeting.
For the 2025 annual meeting, BILL will nominate Beth Johnson and Natalie Derse alongside current Class III directors David Hornik and Katherine (Allie) Kline. In return, Starboard will withdraw its September 5, 2025 director nominations and vote its shares for the company’s slate and in line with Board recommendations, subject to limited exceptions. Starboard agreed to customary standstill provisions through the earlier of 15 business days before the 2026 nomination deadline or 100 days before the first anniversary of the 2025 annual meeting. During this period, the Board will not exceed 13 directors without Starboard’s consent.
BILL Holdings, Inc. reported that its Chief Legal Officer and Chief Compliance Officer, Raj Aji, has informed the company he will begin medical leave on October 13, 2025. After his medical leave, Mr. Aji intends to retire from the company, though his exact retirement date has not yet been set. This update informs shareholders of an upcoming leadership transition in BILL’s top legal and compliance role.
Rene A. Lacerte, CEO and director of BILL Holdings, Inc. (BILL), was awarded 87,600 restricted stock units (RSUs) on 09/15/2025. Each RSU represents a contingent right to receive one share of common stock and the award is held directly by the reporting person. The RSUs vest in 12 equal quarterly installments over three years beginning November 28, 2025, subject to the reporting persons continued service on each vesting date. The reported grant shows 87,600 shares beneficially owned following the transaction and a reported price of $0 per RSU. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.
BILL Holdings, Inc. reporting person John R. Rettig, identified as the company's Chief Operating Officer, was granted 73,000 Restricted Stock Units (RSUs) with an effective transaction date of 09/15/2025. Each RSU represents a contingent right to one share of the issuer's common stock and the reporting person held 73,000 shares following the reported grant. The RSUs vest in 12 equal quarterly installments over three years, with vesting beginning on November 28, 2025, and are subject to the reporting persons continued service on each vesting date. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/17/2025.
BILL Holdings insider awarded 2,920 restricted stock units (RSUs) as reported in a Form 4 filing. Each RSU represents the contingent right to one share of common stock and the award was granted with zero exercise price. The RSUs are scheduled to vest in four equal quarterly installments over one year, beginning on November 28, 2025, subject to the reporting persons continued service. After the grant the reporting person beneficially owns 2,920 shares attributable to the RSUs, held directly. The transaction was executed on 09/15/2025 and reported by an attorney-in-fact.
BILL Holdings, Inc. (BILL) reporting person Kenneth A. Moss, Chief Technology Officer, reported awards of Restricted Stock Units (RSUs) on 09/15/2025. The filing shows 45,650 RSUs granted to Mr. Moss as direct holdings and 633 RSUs reported as indirectly held (attributable to the reporting person’s spouse, with a disclaimer). Each RSU converts to one share and vests in four equal quarterly installments over one year beginning November 28, 2025, subject to continued service. The reported grants have a $0 per-share price (i.e., stock awards rather than purchases). The Form 4 was signed by attorney-in-fact on 09/17/2025.
Mary Kay Bowman, listed as an officer and director of BILL Holdings, Inc. (BILL), reported a grant of 29,346 restricted stock units (RSUs) on 09/15/2025. Each RSU converts to one share of common stock and the RSUs carry a $0 per-share grant price. The RSUs vest in four equal quarterly installments over one year beginning November 28, 2025, subject to Ms. Bowman’s continued service on each vesting date. Following the reported grant, Ms. Bowman beneficially owns 29,346 shares directly from this award. The filing was submitted via attorney-in-fact and signed on 09/17/2025.
Starboard Value has begun an activist campaign at BILL Holdings, Inc., stating it will file a preliminary proxy statement and universal proxy card to solicit votes for its own slate of director nominees at the company’s 2025 annual meeting of stockholders.
Starboard and its affiliated investment vehicles report beneficial ownership of an aggregate 8,639,900 shares of BILL common stock as of September 8, 2025, including shares held through forward purchase contracts and managed accounts. Several Starboard-affiliated entities and individuals, including Jeffrey C. Smith and Peter A. Feld, are listed as participants in the planned proxy solicitation, while the newly proposed director nominees themselves are disclosed as not currently owning BILL shares.
Amendment No. 1 to a Schedule 13D filed by Starboard-related reporting persons discloses an 8.5% beneficial ownership position in BILL Holdings, Inc., which includes 1,614,152 shares underlying forward purchase contracts exercisable within 60 days. Starboard delivered a nomination letter on September 5, 2025, proposing four director nominees: Liat Ben-Zur, Nancy Disman, Peter A. Feld and Frank T. Young for election at BILL's 2025 annual meeting. The filing describes a Group Agreement coordinating joint Schedule 13D filings and a Solicitation to elect the Nominees; Starboard agreed to bear solicitation expenses for specified entities. Starboard also entered indemnification and compensation letter agreements with the Nominees (each nominee other than Mr. Feld to receive $25,000 on nomination and $25,000 upon filing a definitive proxy), and the Nominees (other than Mr. Feld) granted powers of attorney to execute solicitation-related SEC filings.