Bowman Mary Kay 4
4 · BILL Holdings, Inc. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
BILL Mary Kay Bowman (EVP) Exercises Awards; 6,976 Shares Withheld
What Happened
- Mary Kay Bowman, EVP, Payments and Financial Services at BILL Holdings (BILL), had equity awards convert into common stock on 2026-05-28. The filing shows gross conversion of 18,934 shares from RSUs/PSUs (14,787 + 4,147). To satisfy tax withholding, 6,976 shares were withheld and disposed at $34.85 per share for proceeds of $243,114. The net shares delivered to Bowman after withholding were 11,958 (18,934 gross − 6,976 withheld).
- This activity reflects award vesting/conversion (derivative exercise/conversion) rather than an open-market purchase or a voluntary sale; the only shares sold/removed were withheld to cover tax obligations.
Key Details
- Transaction date: May 28, 2026. Form filed June 1, 2026 (timely).
- Gross converted: 18,934 shares (from RSUs/PSUs per footnotes). Net received after withholding: 11,958 shares.
- Tax withholding: 6,976 shares withheld at $34.85 = $243,114 (reported as Payment/Tax withholding, code F).
- Derivative codes: M = exercise/conversion of RSUs/PSUs; F = tax withholding. Footnotes confirm RSU and PSU vesting schedules and that shares were withheld to satisfy tax obligations.
- Shares owned after the transaction are not specified in the filing.
Context
- This is a routine vesting/convert-and-withhold transaction: RSUs/PSUs converted to common stock and a portion withheld to cover taxes (cashless withholding). Such filings document compensation-related equity events and do not necessarily indicate a buy/sell signal by the insider.
Insider Transaction Report
Form 4
Bowman Mary Kay
See Remarks
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-28+14,787→ 70,587 total - Exercise/Conversion
Common Stock
[F2]2026-05-28+4,147→ 74,734 total - Tax Payment
Common Stock
[F3]2026-05-28$34.85/sh−6,976$243,114→ 67,758 total - Exercise/Conversion
Restricted Stock Unit
[F1][F4]2026-05-28−7,451→ 67,057 total→ Common Stock (7,451 underlying) - Exercise/Conversion
Performance Stock Units
[F2][F5]2026-05-28−4,147→ 20,737 total→ Common Stock (4,147 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-05-28−7,336→ 7,337 total→ Common Stock (7,336 underlying)
Footnotes (6)
- [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 RSUs vest as to 1/4th of the total shares on August 28, 2025, 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.
- [F5]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.
- [F6]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.
Signature
/s/ Michael Dunn, Attorney-in-Fact|2026-06-01