Better Home & Finance (BETR) director converts 10,389 RSUs into Class A shares
Rhea-AI Filing Summary
Better Home & Finance Holding Co director David Michael Barse exercised restricted stock units into common shares. On June 9, 2026, 10,389 restricted stock units vested and were converted into 10,389 shares of Class A common stock, leaving him with 10,389 shares held directly and no remaining units from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Class A) | 10,389 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,389 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. The restricted stock units vested on June 9, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
Class A common stock financial
vested financial
derivative exercise/conversion financial
FAQ
What insider transaction did Better Home & Finance (BETR) report for David Michael Barse?
Better Home & Finance reported that director David Michael Barse exercised 10,389 restricted stock units into 10,389 shares of Class A common stock. This was a derivative exercise, not an open-market purchase or sale, and reflects equity compensation vesting.
What happened to the restricted stock units reported for Better Home & Finance (BETR)?
The 10,389 restricted stock units reported vested on June 9, 2026 and were converted into 10,389 shares of Class A common stock. Following this vesting and conversion, the reported balance of those restricted stock units is zero.
Was the Better Home & Finance (BETR) Form 4 an open-market buy or sell?
No, the Form 4 reflects a derivative exercise, not an open-market buy or sell. Director David Michael Barse acquired 10,389 Class A shares through the vesting and conversion of 10,389 restricted stock units granted as equity compensation.
What does each restricted stock unit represent for Better Home & Finance (BETR)?
Each restricted stock unit represents a contingent right to receive one share of Better Home & Finance’s Class A common stock. When the units vested on June 9, 2026, 10,389 units converted into 10,389 Class A common shares held directly by the reporting person.