{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-301796","form_type":"8-K","ticker":"BILL","cik":"0001786352","company_name":"BILL Holdings, Inc.","filed_at":"2022-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.115361+00:00","generated_at":"2026-06-21T06:52:57.074945+00:00","sec_items":["5.07"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Bill.com shareholders reject advisory say-on-pay vote at 2022 annual meeting","bullets":["Four Class III directors elected: Cakebread, Hornik, Jacobs, Kline. All received majority votes.","Ratification of Ernst & Young as auditor approved with 92,598,621 for, 39,297 against.","Advisory vote on executive compensation failed: 31,248,801 for vs 56,774,231 against, plus 4,585,420 broker non-votes.","Failed say-on-pay vote signals significant shareholder discontent with executive compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-301796","json":"https://secwatch.observer/filing/0001193125-22-301796.json","markdown":"https://secwatch.observer/filing/0001193125-22-301796.md","text":"https://secwatch.observer/filing/0001193125-22-301796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1786352/000119312522301796/0001193125-22-301796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1786352/000119312522301796/d402871d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T06:52:57.074945+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4ca7e8dd48e47397955646741cf9056385d870f5","claim":"BILL Holdings, Inc. shareholders approved Election of Class III Directors at the 2022-12-08 meeting.","evidence_excerpt":"1. The following Class III Directors were elected to serve until the 2025 Annual Meeting of Stockholders or until their successors are duly elected and qualified: For Withheld Broker Non-Votes Steven Cakebread 74,095,789 13,966,231 4,585,420 David Hornik 71,295,945 16,766,075 4,585,420 Brian Jacobs 62,480,507 25,581,513 4,585,420 Allie Kline 70,739,888 17,322,132 4,585,420","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786352/000119312522301796/0001193125-22-301796-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2022-12-08"}],"fact_type":"shareholder_vote"},{"claim_id":"75b4cd190f96627f4e813bc104ec20677a57b636","claim":"BILL Holdings, Inc. shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending June 30, 2023 at the 2022-12-08 meeting.","evidence_excerpt":"2. The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2023 was approved: For Against Abstain 92,598,621 39,297 9,522","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786352/000119312522301796/0001193125-22-301796-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2022-12-08"}],"fact_type":"shareholder_vote"},{"claim_id":"b81d37381a2f06e378818db97610de2d80bee19b","claim":"BILL Holdings, Inc. shareholders rejected Non-binding advisory vote to approve the compensation of the Company’s named executive officers at the 2022-12-08 meeting.","evidence_excerpt":"3. The non-binding advisory vote to approve the compensation of the Company’s named executive officers was as follows: For Against Abstain Broker Non-Votes 31,248,801 56,774,231 38,988 4,585,420","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1786352/000119312522301796/0001193125-22-301796-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"failed"},{"label":"Meeting","value":"2022-12-08"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}