Better Home COO converts 18,750 RSUs to shares
Better Home & Finance’s COO had 18,750 RSUs accelerate and convert into Class A common shares without a 10b5-1 trading plan.
Rhea-AI Filing Summary
Better Home & Finance Holding Co (BETR) reported that Chief Operating Officer Barry Feierstein exercised restricted stock units into common shares. On September 4, 2026, 18,750 Restricted Stock Units (Class A) were converted into 18,750 shares of Class A Common Stock at a stated price of $0.00 per share. The RSUs vested on an accelerated basis pursuant to approval by the board of directors, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
18,750 shares exercised/converted
Exercise
2 txns
Insider
FEIERSTEIN BARRY
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (Class A) F1, F2 | 18,750 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 18,750 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (Class A) — 18,750 contracts (Direct);
Class A Common Stock — 18,750 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 reported herein vested on an accelerated basis pursuant to acceleration approved by the Issuer's board of directors.
Key Figures
RSUs exercised: 18,750 units
Class A Common Stock acquired: 18,750 shares
Stated transaction price per share: $0.00 per share
+1 more
4 metrics
RSUs exercised
18,750 units
Restricted Stock Units (Class A) converted on September 4, 2026
Class A Common Stock acquired
18,750 shares
Shares received upon RSU conversion on September 4, 2026
Stated transaction price per share
$0.00 per share
Price reported for both RSU derivative and resulting common stock transactions
Total Class A Common Stock held after transaction
18,750 shares
Direct ownership following the reported non-derivative transaction
Key Terms
Restricted Stock Units ("RSU"), Class A Common Stock, contingent right, vested on an accelerated basis
4 terms
Restricted Stock Units ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive"
Class A Common Stock financial
"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.
contingent right financial
"RSU represents a contingent right to receive one share"
vested on an accelerated basis financial
"The RSUs reported herein vested on an accelerated basis pursuant"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did BETR’s Chief Operating Officer report?
Barry Feierstein, BETR’s Chief Operating Officer, reported the exercise of 18,750 RSUs into 18,750 shares of Class A Common Stock on September 4, 2026, at a stated price of $0.00 per share.
Were the BETR RSUs subject to accelerated vesting for the COO?
Yes. The filing states that the RSUs vested on an accelerated basis pursuant to acceleration approved by Better Home & Finance Holding Co’s board of directors.
What does each BETR RSU reported in this Form 4 represent?
Each Restricted Stock Unit (RSU) reported represents a contingent right to receive one share of Better Home & Finance Holding Co’s Class A Common Stock, according to the footnote.
Was a Rule 10b5-1 trading plan involved in the BETR COO’s transactions?
No. The filing’s Rule 10b5-1 checkbox is not affirmed, indicating that these transactions were not reported as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.