A Form 144 notice of proposed sale was filed on November 6, 2026, disclosing that Makahakama Foundation intends to sell 10,000 shares of BILL Holdings Inc common stock on the NYSE.

Key Highlights

  • Proposed sale: Makahakama Foundation proposes to sell 10,000 shares of BILL Holdings Inc common stock, with an aggregate market value of $508,900.00.
  • Shares outstanding: According to the filing, there are 85,883,042 shares of common stock outstanding.
  • Acquisition history: The 10,000 shares were acquired on April 21, 2006, as founders shares from the issuer, with payment dated April 21, 2006.
  • Relationship to issuer: Makahakama Foundation is listed in the filing as having a Director and Officer relationship to the issuer.
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption date of June 3, 2026, with the proposed approximate date of sale listed as November 6, 2026.
  • Broker: The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
  • Recent related sales: The filing discloses prior three-month sales by aggregated persons, including 35,000 shares sold by Makahakama Foundation on September 2, 2026, with gross proceeds of $1,694,609.00.

Makahakama Foundation Proposes Rule 144 Sale of Founders Shares in BILL Holdings

According to the Form 144 filing dated November 6, 2026, Makahakama Foundation has provided notice of a proposed sale of 10,000 shares of BILL Holdings Inc (NYSE:BILL) common stock. The filing states the aggregate market value of the shares to be sold is $508,900.00. The shares were originally acquired on April 21, 2006, as founders shares from the issuer. The form was signed by Rene Lacerte.

The filing discloses that the proposed sale is being made pursuant to a Rule 10b5-1 trading plan adopted on June 3, 2026. The sale is expected to occur on approximately November 6, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services. As of the filing date, the company reported 85,883,042 shares of common stock outstanding.

As required under Rule 144, the filing also discloses sales by persons whose transactions must be aggregated. During the prior three months, the filing lists the following sales of BILL Holdings common stock: 35,000 shares sold by Makahakama Foundation on September 2, 2026, generating gross proceeds of $1,694,609.00; 38,739 shares sold by Makahakama Trust on September 2, 2026, with gross proceeds of $1,875,641.66; 141,256 shares sold by Rene A. Lacerte on September 2, 2026, generating gross proceeds of $6,839,248.25; 21,124 shares sold by ILIO Irrevocable Trust U/A DTD 10/11/2019 on September 3, 2026, with gross proceeds of $1,059,755.17; and 21,124 shares sold by NENE Irrevocable Trust U/A DTD 10/11/2019 on September 3, 2026, generating gross proceeds of $1,060,000.21.

What Was Disclosed

Makahakama Foundation filed a Form 144 notice on November 6, 2026, proposing to sell 10,000 shares of BILL Holdings Inc common stock, valued at $508,900.00, via a Rule 10b5-1 plan adopted June 3, 2026, with Rene Lacerte as signatory.