BILL Holdings, Inc.·4

Jun 1, 4:05 PM ET

Bowman Mary Kay 4

4 · BILL Holdings, Inc. · Filed Jun 1, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-05-28
Bowman Mary Kay
See Remarks
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-05-28+14,78770,587 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-05-28+4,14774,734 total
  • Tax Payment

    Common Stock

    [F3]
    2026-05-28$34.85/sh6,976$243,11467,758 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F4]
    2026-05-287,45167,057 total
    Common Stock (7,451 underlying)
  • Exercise/Conversion

    Performance Stock Units

    [F2][F5]
    2026-05-284,14720,737 total
    Common Stock (4,147 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-05-287,3367,337 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

Documents

1 file
  • 4
    form4-06012026_040612.xmlPrimary