Rettig John R. 4

4 · BILL Holdings, Inc. · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

BILL COO John Rettig Exercises Awards; Shares Withheld

What Happened

John R. Rettig, Chief Operating Officer of BILL Holdings, converted/exercised equity awards on Feb 28, 2026. The conversions resulted in 25,815 shares issued to him, of which 9,870 shares were withheld to satisfy tax withholding (payment value $436,155 at $44.19 per share). The net shares delivered to Rettig were 15,945. Several of the reported conversions show $0.00 as the per-share price, indicating settlement of restricted or performance-based awards rather than a cash option purchase.

Key Details

Transaction date: 2026-02-28; Form 4 filed: 2026-03-03.
Equity activity: conversions/exercises (transaction code M) totaling 25,815 shares; tax withholding (transaction code F) of 9,870 shares at $44.19/share = $436,155.
Net shares received by the reporting person: 15,945 (25,815 issued minus 9,870 withheld).
Shares following the transaction: not specified in the provided summary.
Relevant footnotes: RSUs and PSUs convert to one share each (F1, F2); F3 confirms shares were withheld for tax withholding; F4 indicates shares are held by the Rettig Living Trust (co-trustee); F5–F9 describe vesting schedules for the awards.
Filing timeliness: Form 4 was filed on March 3, 2026 (date provided on the filing).

Context

This appears to be routine settlement of restricted stock units and/or performance stock units (not an open-market sale or purchase). The withheld shares to cover taxes are common in award settlements and do not necessarily indicate a voluntary sale by the insider.
Transaction codes: M = option/exercise or conversion of derivative awards; F = shares withheld to satisfy tax obligations.

Form 4

Period: 2026-02-28

COO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-28+20,105→ 146,686 total
Exercise/Conversion
Common Stock
[F2]
2026-02-28+5,710→ 152,396 total
Tax Payment
Common Stock
[F3]
2026-02-28$44.19/sh−9,870$436,155→ 142,526 total
Exercise/Conversion
Restricted Stock Unit
[F1][F5]
2026-02-28−4,287→ 8,574 total
→ Common Stock (4,287 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1][F6]
2026-02-28−2,612→ 15,677 total
→ Common Stock (2,612 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1][F7]
2026-02-28−7,123→ 71,225 total
→ Common Stock (7,123 underlying)
Exercise/Conversion
Performance Stock Units
[F2][F8]
2026-02-28−5,710→ 34,254 total
→ Common Stock (5,710 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1][F9]
2026-02-28−6,083→ 60,834 total
→ Common Stock (6,083 underlying)

Holdings

Footnotes (9)

[F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock.
[F2]Each Performance Stock Unit ("PSU") represents a conditional right to receive one share of the Issuer's Common Stock.
[F3]Represents shares withheld to satisfy the tax withholding obligation in connection with the vesting of RSUs and PSUs.
[F4]The shares are held by the Rettig Living Trust U/A DTD 12/02/2020, of which the Reporting Person and his spouse are co-trustees.
[F5]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.
[F6]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.
[F7]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.
[F8]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.
[F9]The RSUs vest in 12 equal quarterly installments over three years, beginning November 28, 2025, subject to the continuing service of the Reporting Person on each vesting date.

Signature

/s/ Michael Dunn, Attorney-in-Fact|2026-03-03

1 file