SEC Form 4 · accession 0002067425-26-000003
BILL Holdings, Inc. · BILL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Cieri
Officer — Chief Product Officer
Period of report
Aug 28, 2026
Accepted (ET)
Sep 1, 2026 · 5:26 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001786352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 28, 2026 | M | 12,897 | — | A | 13,894 | D | |
| Common StockF2 | Aug 28, 2026 | M | 6,531 | — | A | 20,425 | D | |
| Common StockF3 | Aug 28, 2026 | F | 8,674 | $50.31 | D | 11,751 | D | |
| Common StockF5 | Aug 31, 2026 | S | 10,754 | $49.1338 | D | 997 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F6 | — | Aug 28, 2026 | M | 12,897 | D | — | — | Common Stock | 12,897 | 141,873 | D |
| Performance Stock UnitF2,F7 | — | Aug 28, 2026 | M | 6,531 | D | — | — | Common Stock | 6,531 | 13,059 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- F2Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
- F3Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
- F4The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 2, 2025.
- F5The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.84 to $49.41 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.
- F6The RSUs vest as to 1/4th of the total shares on May 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.
- F7The 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.