Form 4: BILL Holdings SVP, Finance & Accounting, Germaine Cota, Sells Shares Under 10b5-1 Plan

Germaine Cota, SVP of Finance & Accounting at BILL Holdings, sold 783 shares of common stock at an average price of $50.2113 per share under a pre-arranged 10b5-1 trading plan.

Summary

• On March 4, 2025, Germaine Cota, the SVP of Finance & Accounting at BILL Holdings, Inc., sold 783 shares of the company's common stock.
• The sale was executed at a weighted average price of $50.2113 per share.
• The prices for individual transactions ranged from $49.34 to $50.95 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on December 7, 2023.
• Following the transaction, Cota directly owns 8,645 shares of BILL Holdings, Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a factual disclosure.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

BILL Holdings, Germaine Cota, Form 4, insider trading, stock sale, Rule 10b5-1, SVP Finance & Accounting, equity securities