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Director Massenet converts 11,327 RSUs into Class A shares at Better Home & Finance (BETR)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Better Home & Finance Holding Co director Arnaud Massenet exercised equity awards to acquire additional stock. On June 9, 2026, he converted 11,327 Restricted Stock Units into 11,327 shares of Class A common stock at a stated price of $0.00 per share, with no shares sold in this filing. Following the transaction, he directly holds 39,170 Class A shares. Footnotes note the company previously effected a 1-for-50 reverse stock split on August 16, 2024, and that each restricted stock unit represents a right to receive one Class A share, with vesting for this award referenced as June 9, 2026.

Positive

  • None.

Negative

  • None.
Insider Massenet Arnaud
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units (Class A) 11,327 $0.00 --
Exercise Class A Common Stock 11,327 $0.00 --
Holdings After Transaction: Restricted Stock Units (Class A) — 0 shares (Direct, null); Class A Common Stock — 39,170 shares (Direct, null)
Footnotes (1)
  1. Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted stock units vest on June 9, 2026.
RSUs exercised 11,327 units Restricted Stock Units converted to Class A common stock on June 9, 2026
Shares acquired 11,327 shares Class A common stock received from RSU conversion on June 9, 2026
Shares held after transaction 39,170 shares Director’s direct Class A common stock holdings following the Form 4 transactions
Exercise price per share $0.00 per share Stated price for the RSU-to-share conversion
Reverse stock split ratio 1-for-50 Reverse stock split effected on August 16, 2024
RSU vesting date June 9, 2026 Footnote states RSUs vest on this date
reverse stock split financial
"Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024."
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Massenet Arnaud
(Last)(First)(Middle)
C/O BETTER HOME & FINANCE HOLDING CO
1 WTC, 285 FULTON ST, FLOOR 80, SUITE A
(Street)
NEW YORK NEW YORK 10007
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Better Home & Finance Holding Co [ BETR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/09/2026M11,327A$039,170(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (Class A)(2)06/09/2026M11,327 (3) (3)Class A Common Stock11,327$00D
Explanation of Responses:
1. Reflects a 1-for-50 reverse stock split effected by the Issuer on August 16, 2024.
2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
3. The restricted stock units vest on June 9, 2026.
Remarks:
/s/ Andrew Holt, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Arnaud Massenet report for Better Home & Finance (BETR)?

Arnaud Massenet reported exercising equity awards to acquire 11,327 shares of Class A common stock in Better Home & Finance. The transaction reflects conversion of Restricted Stock Units into common shares, with no sales reported in this Form 4.

How many Better Home & Finance (BETR) shares does Arnaud Massenet hold after this Form 4?

After the reported transactions, Arnaud Massenet directly holds 39,170 shares of Better Home & Finance Class A common stock. This total comes after exercising 11,327 Restricted Stock Units into an equal number of Class A shares.

Did Arnaud Massenet buy or sell Better Home & Finance (BETR) shares on the market?

The Form 4 shows no open-market buys or sells by Arnaud Massenet. Instead, he exercised 11,327 Restricted Stock Units to receive 11,327 Class A common shares, a compensation-related equity conversion rather than a market trade.

What type of securities were involved in Arnaud Massenet’s BETR Form 4 filing?

The filing involves Restricted Stock Units and Class A common stock of Better Home & Finance. Massenet converted 11,327 Restricted Stock Units, each representing one Class A share, into 11,327 shares of Class A common stock.

What reverse stock split did Better Home & Finance (BETR) disclose in connection with this Form 4?

A footnote explains Better Home & Finance completed a 1-for-50 reverse stock split on August 16, 2024. This corporate action adjusted share counts, providing context for reported holdings and award sizes in the Form 4.

When do the Restricted Stock Units in the BETR Form 4 vest according to the footnotes?

Footnotes state that the Restricted Stock Units vest on June 9, 2026. Each vested Restricted Stock Unit represents a contingent right to receive one share of Better Home & Finance Class A common stock upon settlement.