Better Home & Finance (BETR) CTO exercises RSUs, withholds shares for taxes
Rhea-AI Filing Summary
Better Home & Finance Holding Co (BETR) reported that Chief Technology Officer Sigurgeir Orn Jonsson exercised restricted stock units into Class A Common Stock in two tranches and had shares withheld for costs. On May 1, 2026, 3,907 RSUs converted into 3,907 shares, with 1,409 shares delivered or withheld at $44.38 per share for payment of exercise price or tax liability. On August 1, 2026, 3,906 RSUs converted into 3,906 shares, with 1,995 shares delivered or withheld at $23.50 per share for the same purpose. The RSUs were granted on February 11, 2026 and vest quarterly over four years, in 16 nearly equal installments, conditioned on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,409 shares
Net Buy
6 txns
Insider
Orn Jonsson Sigurgeir
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Class A) F1, F2 | 3,906 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,906 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,995 | $23.50 | $47K |
| Exercise | Restricted Stock Units (Class A) F1, F2 | 3,907 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,907 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,409 | $44.38 | $63K |
Holdings After Transaction:
Restricted Stock Units (Class A) — 50,781 shares (Direct);
Class A Common Stock — 7,906 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The RSUs were granted on February 11, 2026 and vest quarterly over four years in 16 nearly equal installments, subject to the Reporting Person's continued service with the Issuer.
Key Figures
RSUs exercised (total): 7,813 shares
Shares delivered/withheld for costs (total): 3,404 shares
May 1, 2026 RSUs exercised: 3,907 shares
+4 more
7 metrics
RSUs exercised (total)
7,813 shares
Sum of 3,907 RSUs on May 1, 2026 and 3,906 RSUs on August 1, 2026
Shares delivered/withheld for costs (total)
3,404 shares
1,409 shares on May 1, 2026 and 1,995 shares on August 1, 2026 for exercise price or tax liability
May 1, 2026 RSUs exercised
3,907 shares
Restricted Stock Units (Class A) converted into Class A Common Stock
August 1, 2026 RSUs exercised
3,906 shares
Restricted Stock Units (Class A) converted into Class A Common Stock
Price per share for May 1, 2026 withholding
$44.38 per share
Used to value 1,409 Class A Common shares delivered or withheld under code F
Price per share for August 1, 2026 withholding
$23.50 per share
Used to value 1,995 Class A Common shares delivered or withheld under code F
RSU vesting schedule
16 installments over 4 years
RSUs granted February 11, 2026 vest quarterly in nearly equal installments, contingent on continued service
Key Terms
Restricted Stock Units ("RSU"), contingent right, Payment of exercise price or tax liability by delivering or withholding securities, vest quarterly
4 terms
Restricted Stock Units ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A"
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering"
vest quarterly financial
"The RSUs were granted on February 11, 2026 and vest quarterly over four years"
FAQ
What did BETR’s CTO Sigurgeir Orn Jonsson report in this Form 4?
Sigurgeir Orn Jonsson reported exercises of 7,813 RSUs into Class A Common Stock and related share withholdings for payment of exercise price or tax liability in two separate transactions on May 1 and August 1, 2026.
How many Better Home & Finance (BETR) RSUs were exercised on May 1, 2026?
On May 1, 2026, 3,907 restricted stock units were exercised, resulting in 3,907 shares of Class A Common Stock for the CTO. In connection with this, 1,409 shares were delivered or withheld at $44.38 per share for exercise price or tax liability.
What transactions in BETR stock occurred on August 1, 2026 for the CTO?
On August 1, 2026, the CTO exercised 3,906 RSUs into 3,906 shares of Class A Common Stock. At the same time, 1,995 shares were delivered or withheld at $23.50 per share to satisfy exercise price or tax-related obligations.
What is the vesting schedule of the BETR RSUs reported in this Form 4?
The reported BETR RSUs were granted on February 11, 2026 and vest quarterly over four years in 16 nearly equal installments, subject to the reporting person’s continued service with Better Home & Finance Holding Co.
Were the BETR Form 4 transactions executed under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox as not affirmed (false), and there is no footnote stating the transactions occurred pursuant to a Rule 10b5-1 trading plan, so they are not reported as plan-based trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
