# EDGAR Filing Document

**Accession Number:** 0001786352
**File Stem:** 0001193125-25-133359
**Filing Date:** 2025-6
**Character Count:** 10950
**Document Hash:** 457b5aa0163d223e240dfe0077b71ab6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-133359.hdr.sgml**: 20250602

**ACCESSION NUMBER**: 0001193125-25-133359

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20250602

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250602

**DATE AS OF CHANGE**: 20250602

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BILL Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001786352
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 832661725
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39149
- **FILM NUMBER:** 251015619

**BUSINESS ADDRESS:**
- **STREET 1:** 6220 AMERICA CENTER DR.
- **STREET 2:** SUITE 100
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95002
- **BUSINESS PHONE:** (650) 621-7700

**MAIL ADDRESS:**
- **STREET 1:** 6220 AMERICA CENTER DR.
- **STREET 2:** SUITE 100
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Bill.com Holdings, Inc.
- **DATE OF NAME CHANGE:** 20190823

?xml version='1.0' encoding='ASCII'? 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### FORM 8-K

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d)

#### of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): June 2, 2025

## BILL Holdings, Inc.

#### (Exact name of Registrant as Specified in Its Charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-39149** | **83-2661725** |
| **(State or Other Jurisdiction**<br> **of Incorporation)** | **(Commission**<br> **File Number)** | **(IRS Employer**<br> **Identification No.)** |

---

---

| | |
|:---|:---|
| **6220 America Center Drive, Suite 100** |  |
| **San Jose, California** | **95002** |
| **(Address of Principal Executive Offices)** | **(Zip Code)** |

---

#### Registrant's Telephone Number, Including Area Code: (650) 621-7700

#### (Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

#### Securities registered pursuant to Section 12(b) of the Act:

---

| | |
|:---|:---|
| **Title of each class** | **Name of each exchange**<br> **on which registered** |
| Common Stock, $0.00001 par value BILL | The New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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#### Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 2, 2025, BILL Holdings, Inc. (the "Company") issued a press release announcing the appointment of Rohini Jain as Chief Financial Officer of the Company, effective as of July 7, 2025 (the "Effective Date"). Upon the Effective Date, John Rettig, the Company's current President and Chief Financial Officer, will transition to serve as the Company's President and Chief Operating Officer.

Ms. Jain, 46, joins the Company from PayPal, Inc., a multinational financial technology company, where she held several positions from April 2016 to May 2025, most recently serving as Senior Vice President and Chief Financial Officer of Enterprise Business and Merchant Platforms. Prior to PayPal, Ms. Jain held senior finance roles at several leading companies, including Walmart eCommerce, the online business of the American multinational retail corporation, and eBay, Inc., a multinational electronic commerce company. She holds a professional certification from the Institute of Chartered Accountants of India and a Masters in Finance from the London School of Economics and Political Science.

In connection with Ms. Jain's appointment, the Company entered into a letter agreement with Ms. Jain (the "Offer Letter"), which includes the following terms: (i) an initial annual base salary of $450,000 per year (the "Base Salary"), (ii) an annual discretionary bonus of up to 60% of Ms. Jain's Base Salary, (iii) a signing bonus of $250,000, (iv) an initial award of restricted stock units representing the opportunity to receive an aggregate of $8 million in shares of the Company's common stock, and (v) a commitment to an additional award for fiscal year 2026, subject to approval by the Compensation Committee of the Company's Board of Directors, of performance-based restricted stock units representing the opportunity to receive an aggregate of $3 million in shares of the Company's common stock.

The foregoing description of the Offer Letter is only a summary and is qualified in its entirety by reference to the complete text thereof, a copy of which will be filed as an exhibit to the Company's Annual Report on Form 10-K for the fiscal year ending June 30, 2025.

In addition, in connection with her appointment, Ms. Jain will enter into the Company's standard forms of Indemnification Agreement and Change in Control and Severance Agreement, which are attached as Exhibits 10.1 and 10.6, respectively, to the Company's Registration Statement on Form S-1/A filed with the Commission on December 2, 2019 (File No. 333-234730). Mr. Rettig is currently, and will continue to be, party to such agreements.

There is no arrangement or understanding between Ms. Jain and any other person pursuant to which Ms. Jain was selected as the Company's Chief Financial Officer, nor is there any arrangement or understanding between Mr. Rettig and any other person pursuant to which Mr. Rettig was selected as the Company's President and Chief Operating Officer. Neither Ms. Jain nor Mr. Rettig has any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.**  |

---

(d) *Exhibits*

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| | |
|:---|:---|
| 99.1 | [Press release dated June 2, 2025.](d19768dex991.htm) |
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. |

---

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#### SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  |  | **BILL HOLDINGS, INC.** |
| Date: June 2, 2025 | By: | /s/ René Lacerte |
|  |  | René Lacerte <br>Chief Executive Officer |

---

## Exhibit 99.1

**Exhibit 99.1** 

**BILL Deepens Executive Bench with Addition of Rohini Jain as Chief Financial Officer and Expanded Role for President John Rettig** 

*Global Finance Executive from PayPal, Walmart and General Electric to Join BILL as CFO* 

*President John Rettig to Expand Role, adding Chief Operating Officer Responsibilities to Accelerate Growth for BILL* 

**SAN JOSE, Calif. – June 2, 2025** – BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today announced Rohini Jain will join BILL as Chief Financial Officer. Jain will lead finance strategy across BILL, reporting to CEO and Founder, René Lacerte. With Jain joining the executive team on July 7th, John Rettig will take on an expanded role as both President and Chief Operating Officer, to further accelerate growth and category leadership.

"With Rohini's appointment as CFO, John will take on an expanded role as both President and Chief Operating Officer," Lacerte said. "John's focus will be to accelerate BILL's growth and unlock new opportunities as we unleash our full potential to serve millions of SMBs and accountants in the years to come."

"BILL is leveraging innovation to level the playing field for businesses that are the fabric of our communities – from newly created businesses, to hyper-scaling startups, and established companies with complex operations. I am excited to help guide and scale BILL into the future, so we can help even more SMBs and firms to succeed," said Rohini Jain, incoming CFO at BILL. "I've seen firsthand how the role of CFO and finance teams is changing fast. AI is transforming the way finance professionals work, and creating new opportunities for business and finance leaders to leverage finance, analytics and strategy to win. I'm joining BILL because this is the team who is leading that technology transformation."

**A Global Finance Executive with Expertise in Accelerating Business Growth** 

Rohini has more than 20 years of experience shaping and leading finance, product, and operations teams at global fintech, payments, and e-commerce companies, including PayPal, eBay, Walmart, and General Electric. Rohini joins BILL from PayPal, where she most recently served as CFO and SVP of PayPal's Large Enterprise and Merchant platforms. Rohini has a Masters of Finance from the London School of Economics, and a Chartered Accountant certification from the Institute of Chartered Accountants of India.

**About BILL** 

BILL (NYSE: BILL) is a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive. Our integrated platform helps businesses to more efficiently control their payables, receivables and spend and expense management. Hundreds of thousands of businesses rely on BILL's proprietary member network of millions to pay or get paid faster. Headquartered in San Jose, California, BILL is a trusted partner of leading U.S. financial institutions, accounting firms, and accounting software providers. For more information, visit bill.com.

**Contacts** 

Press Contact:

Lauren Johns

<u>pr@hq.bill.com</u> 

IR Contact:

Karen Sansot

<u>ksansot@hq.bill.com</u> 

Source: BILL