Form 4: BILL Holdings CFO John R. Rettig Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


CFO of BILL Holdings, John R. Rettig, reports multiple transactions involving common stock and restricted/performance stock units on May 28, 2024.

Summary

  • On May 28, 2024, John R. Rettig, CFO of BILL Holdings, executed multiple transactions involving the company's common stock.
  • These transactions included the vesting of restricted stock units (RSUs) and performance stock units (PSUs), resulting in the acquisition of common stock.
  • Shares were also withheld to cover tax obligations related to the vesting of these units.
  • Following these transactions, Rettig directly owns 62,933 shares of common stock and indirectly owns 59,350 shares through a living trust.
  • The reported transactions were filed with the SEC on May 30, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company insider, and does not inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

  • The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates

DateDescription
12/02/2020Date of Rettig Living Trust U/A DTD
08/28/2020Beginning date for vesting of some RSUs in 16 equal quarterly installments
08/28/2021Beginning date for vesting of some RSUs in 16 equal quarterly installments
02/28/2022Beginning date for vesting of some RSUs in 16 equal quarterly installments
08/28/2022Beginning date for vesting of some RSUs in 16 equal quarterly installments
08/28/20231/3rd of PSUs vest
11/28/2023Beginning date for vesting of some RSUs in 16 equal quarterly installments
05/28/2024Date of reported transactions (vesting of RSUs and PSUs, tax withholding)
05/30/2024Date of SEC filing

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