Business Context and Reporting Period
This Form 8-K reports on the results of the 2025 Annual Meeting of Stockholders held by BILL Holdings, Inc. on December 11, 2025. The filing details the voting outcomes for three specific proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance.
Material Changes and Voting Results
Stockholders voted on three proposals with the following outcomes:
- Proposal 1: Election of Directors. All four nominees were elected to serve until the 2028 annual meeting.
- Natalie Derse: 70,047,557 For; 486,769 Withheld.
- David Hornik: 61,151,607 For; 9,382,719 Withheld.
- Beth Johnson: 70,268,169 For; 266,157 Withheld.
- Allie Kline: 56,770,258 For; 13,764,068 Withheld.
- Proposal 2: Ratification of Auditors. Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending June 30, 2026.
- Votes: 86,347,073 For; 46,334 Against; 197,907 Abstain.
- Proposal 3: Executive Compensation (Say-on-Pay). Stockholders approved, on a non-binding advisory basis, the compensation of the Named Executive Officers.
- Votes: 65,652,069 For; 4,600,571 Against; 281,686 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Investor Verification Checklist
- Verify the tenure of the newly elected directors (Natalie Derse, David Hornik, Beth Johnson, Allie Kline) through the 2028 annual meeting.
- Confirm PricewaterhouseCoopers LLP's engagement for the fiscal year ending June 30, 2026.
- Note the significant number of broker non-votes (16,056,988) recorded for the director elections and executive compensation proposal.
- Review the definitive proxy statement filed on October 27, 2025, for detailed biographies of directors and executive compensation specifics.