Better Home (BETR) GC exercises 3,167 RSUs and covers taxes with shares
Rhea-AI Filing Summary
Better Home & Finance Holding Co executive Paula Tuffin, the General Counsel and Chief Compliance Officer, reported routine equity compensation activity involving restricted stock units and related tax withholding. On March 15, 2026, she exercised 3,167 Restricted Stock Units, receiving the same number of Class A common shares at a conversion price of $0.00 per share, increasing her direct holdings to 39,527 shares of Class A common stock.
To cover tax obligations from RSU vesting, 1,203 shares of Class A common stock were withheld on March 13, 2026 at a reference price of $32.90 per share, and 1,620 shares were withheld on March 16, 2026 at a reference price of $34.45 per share. After these tax-withholding dispositions, Tuffin directly holds 37,907 Class A shares. Footnotes explain that each RSU represents a right to receive one share and detail a vesting schedule running from July 1, 2025 through March 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,620 | $34.45 | $56K |
| Exercise | Restricted Stock Units (Class A) | 3,167 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,167 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,203 | $32.90 | $40K |
Footnotes (1)
- Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units held by the Reporting Person, which vesting occured on March 1, 2026. The number of shares withheld was determined on March 13, 2026 based on the closing price of the Issuer's Class A common stock on February 27, 2026. Represents shares of Class A common stock withheld to pay taxes for the vesting of restricted stock units held by the Reporting Person, which vesting occured on March 15, 2026. The number of shares withheld was determined on March 16, 2026, based on the closing price of the Issuer's Class A common stock on March 13, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock. The restricted stock units will vest with respect to (i) 3/12ths of such restricted stock units on July 1, 2025, (ii) 8/12ths of such restricted stock units in equal monthly installments beginning on August 1, 2025 through March 1, 2026, and (iii) the remaining 1/12th of such restricted stock units on March 15, 2026.