4/A: BILL Holdings Director Brian Jacobs Amends Form 4 to Reflect Indirect Ownership After Recent Stock Purchases

Brian Jacobs, a director at BILL Holdings, amended a previous Form 4 filing to correctly reflect indirect ownership of shares purchased on August 27 and 28, 2024, through an estate planning vehicle.

Summary

• Brian Jacobs, a director at BILL Holdings, Inc., filed an amended Form 4 with the SEC.
• The amendment corrects the original filing from August 28, 2024, to reflect that the reported transactions were indirect ownership rather than direct ownership.
• The shares are held by an estate planning vehicle, and Jacobs disclaims beneficial ownership except to the extent of his pecuniary interest.
• On August 27, 2024, Jacobs purchased 5,000 shares of BILL common stock at a weighted average price of $53.1593 per share.
• On August 28, 2024, Jacobs purchased 20,000 shares of BILL common stock at a weighted average price of $53.63 per share.
• Following these transactions, the total number of shares beneficially owned indirectly is 219,965.
• The amended form adjusts the amount of securities beneficially owned between August 29, 2024, and February 18, 2025.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The amendment provides clarity to shareholders regarding the nature of Brian Jacobs' stock ownership.
• The filing ensures compliance with SEC regulations, maintaining investor confidence.

Key Dates