Form 4: BILL Holdings Director Aida Alvarez Reports Stock Transactions
SEC Form 4 Filing
Director Aida Alvarez of BILL Holdings, Inc. reports the vesting and disposal of restricted stock units on May 2, 2024.
Summary
- On May 2, 2024, Aida Alvarez, a director of BILL Holdings, Inc., had restricted stock units (RSUs) vest.
- A total of 1,166 shares of common stock were acquired upon the vesting of these RSUs.
- Concurrently, 4,064 shares were disposed of.
- Following these transactions, Alvarez directly owns 1,165 derivative securities.
- The RSUs vest in three equal installments on May 2, 2023, May 2, 2024, and May 2, 2025, contingent upon continued service.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/02/2023 | One-third of the RSUs vested. |
| 05/02/2024 | Date of the reported transaction: vesting of 1,166 RSUs and disposal of 4,064 shares. One-third of the RSUs vested. |
| 05/02/2025 | One-third of the RSUs vest. |
| 05/03/2024 | Date of signature for the report. |
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