BILL BILL Holdings, Inc.

BEARISH Impact: 5/10 144
Horizon days Filed May 29, 2026 Processed 11d 9h ago SEC 0001968582-26-000511
Form 144 — notice of proposed sale of securities
Latest settled — T+5d
BILL ▼ -8.96% at T+5d
SHORT call ✓ call won +8.96% · α vs SPY +6.21% · entry $39.51 → $35.97
Next anchor: T+20d in 19d
Last close $35.14 (close Jun 8) · +11.06% from $39.51 entry (call sign-flipped)
Entry anchored
May 29, 2026
via day open
T+1d
-2.63%
call +2.63% · α +2.78%
$38.47
settled 9d ago
T+5d
-8.96%
call +8.96% · α +6.21%
$35.97
settled 5d ago
T+20d
call — · α —
in 19d
T+60d
call — · α —
in 3mo

Price Chart

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Executive Summary

John R. Rettig, an officer of BILL Holdings, filed a Form 144 on May 29, 2026, indicating intent to sell 136,306 shares of common stock with an approximate market value of $4.76 million. The shares were acquired from RSU vestings between November 2023 and November 2025 and are held by the Rettig Living Trust. This is a material insider sale by an officer, representing a notable portion of his holdings, and signals potential near-term selling pressure.

Actionable Insight

Monitor for actual sale execution via subsequent Form 4 filings. The filing signals insider intent to monetize a significant equity stake, which may weigh on sentiment. Given BILL's 63% analyst bullish consensus, the sale could create short-term overhang. Watch for any additional insider selling patterns or upcoming earnings catalysts.

Key Facts

  • Officer John R. Rettig filed Form 144 to sell 136,306 shares of BILL common stock.
  • Estimated sale value is approximately $4.76 million based on the filing date.
  • Shares were acquired from RSU vestings between November 2023 and November 2025.
  • Sale is to be executed through J.P. Morgan Securities LLC as agent.
  • The shares are held by the Rettig Living Trust, with Rettig as trustee.

Financial Impact

Proposed sale of 136,306 shares valued at approximately $4.76 million, representing about 0.14% of BILL's $3.5B market cap.

dilutioninsider ownership

Risk Factors

  • Insider sale may indicate lack of confidence in near-term stock performance.
  • Potential for additional selling by the same insider or other officers.
  • Form 144 is only an intent to sell; the sale may not occur or may be at different prices.

Market Snapshot

Exchange
NYSE
Sector
Services-Prepackaged Software
Analyst Consensus
63% bullish (30 analysts)

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001968582-26-000511
Document: 0001968582-26-000511-index.html0001968582-26-000511
Document: 0001968582-26-000511.txt0001968582-26-000511
2 reports for BILL
Performance horizon
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Reports for BILL — sortable, filterable
Type Now
May 29, 2026
11d ago
144
BEARISH ★ 5/10
$39.51 $35.97▲ +8.96%▲ +6.21%$35.14 (+11.06%)
May 7, 2026
4w ago
8-K
NEUTRAL ★ 5/10
$41.83 $39.49▼ −5.59%▼ −7.06%$35.14 (−15.99%)
Showing 2 of 2

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