John R. Rettig - 28 Nov 2025 Form 4 Insider Report for BILL Holdings, Inc. (BILL)

Role: COO
Signature: /s/ Michael Dunn, Attorney-in-Fact
Issuer symbol: BILL
Transactions as of: 28 Nov 2025
Net transactions value: -$713,183
Form type: 4
Filing time: 02 Dec 2025, 16:04:55 UTC
Previous filing: 17 Sep 2025
Next filing: 05 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rettig John R.	COO	C/O BILL HOLDINGS, INC., 6220 AMERICA CENTER DR., SUITE 100, SAN JOSE	/s/ Michael Dunn, Attorney-in-Fact	02 Dec 2025	0001550715

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BILL	Common Stock	Options Exercise		+22,292	+20%		135,092	28 Nov 2025	Direct	F1
transaction	BILL	Common Stock	Options Exercise		+5,710	+4.2%		140,802	28 Nov 2025	Direct	F2
transaction	BILL	Common Stock	Tax liability	$713,183	-14,221	-10%	$50.15	126,581	28 Nov 2025	Direct	F3
holding	BILL	Common Stock						80,474	28 Nov 2025	See footnote	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 Unit	Options Exercise	$0	-2,187	-100%	$0.000000	0	28 Nov 2025	Common Stock	2,187		Direct	F1, F5
transaction	BILL	Restricted Stock Unit	Options Exercise	$0	-4,287	-25%	$0.000000	12,861	28 Nov 2025	Common Stock	4,287		Direct	F1, F6
transaction	BILL	Restricted Stock Unit	Options Exercise	$0	-2,613	-13%	$0.000000	18,289	28 Nov 2025	Common Stock	2,613		Direct	F1, F7
transaction	BILL	Restricted Stock Unit	Options Exercise	$0	-7,122	-8.3%	$0.000000	78,348	28 Nov 2025	Common Stock	7,122		Direct	F1, F8
transaction	BILL	Performance Stock Units	Options Exercise	$0	-5,710	-13%	$0.000000	39,964	28 Nov 2025	Common Stock	5,710		Direct	F2, F9
transaction	BILL	Restricted Stock Unit	Options Exercise	$0	-6,083	-8.3%	$0.000000	66,917	28 Nov 2025	Common Stock	6,083		Direct	F1, 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 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 February 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, 2022, 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, 2023, 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, 2024, subject to the continuing service of the Reporting Person on each vesting date.
F9	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.
F10	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.