Kenneth A. Moss - May 28, 2025 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role: Chief Technology Officer
Signature: /s/ Rajesh Aji, Attorney-in-Fact
Stock symbol: BILL
Transactions as of: May 28, 2025
Transactions value $: -$222,444
Form type: 4
Date filed: 5/30/2025, 04:27 PM
Previous filing: Mar 6, 2025
Next filing: Aug 21, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Moss Kenneth A	Chief Technology Officer	C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE	/s/ Rajesh Aji, Attorney-in-Fact	2025-05-30	0001613955

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Options Exercise		+11.9K	+12.66%		106K	May 28, 2025	Direct	F1, F2
transaction	BILL	Common Stock	Options Exercise		+210	+6.29%		3.55K	May 28, 2025	See Footnote	F1, F3
transaction	BILL	Common Stock	Tax liability	-$218K	-4.91K	-4.63%	$44.48	101K	May 28, 2025	Direct	F4
transaction	BILL	Common Stock	Tax liability	-$3.96K	-89	-2.51%	$44.48	3.46K	May 28, 2025	See Footnote	F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-8.37K	-11.11%	$0.00	67K	May 28, 2025	Common Stock	8.37K		Direct	F1, F5
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-3.56K	-7.14%	$0.00	46.3K	May 28, 2025	Common Stock	3.56K		Direct	F1, F6
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-31	-50%	$0.00	31	May 28, 2025	Common Stock	31		See Footnote	F1, F3, F7
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-36	-16.51%	$0.00	182	May 28, 2025	Common Stock	36		See Footnote	F1, F3, F8
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-60	-9.93%	$0.00	544	May 28, 2025	Common Stock	60		See Footnote	F1, F3, F9
transaction	BILL	Restricted Stock Units	Options Exercise	$0	-83	-7.11%	$0.00	1.08K	May 28, 2025	Common Stock	83		See Footnote	F1, F3, F10

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
F2	Includes 260 shares of the Issuer's Common Stock acquired under the Issuer's employee stock purchase plan on May 15, 2025.
F3	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 (the "Act"), or for any other purpose.
F4	Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs.
F5	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.
F6	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.
F7	The RSUs vest in 16 equal quarterly installments over four years, beginning November 28, 2021, subject to the continuing service of the Reporting Person on each vesting date.
F8	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.
F9	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.
F10	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.