BETR director buys 5,000 shares in open-market trade
Better Home & Finance Holding Co director Harit Talwar bought 5,000 shares of Class A Common Stock in an open-market transaction at a weighted average price of $25.3392 per share.
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Form Type
4
Rhea-AI Filing Summary
Better Home & Finance Holding Co director Harit Talwar bought 5,000 shares of Class A Common Stock in an open-market transaction at a weighted average price of $25.3392 per share. After this purchase, he directly holds 44,698 Class A shares.
On May 1, 2026, he also acquired 3,094 derivative securities tied to Class A Common Stock and separately exercised 3,094 Restricted Stock Units (Class B) at a conversion price of $0.00, increasing his derivative-related holdings. Each restricted stock unit represents a contingent right to receive one share of Class B Common Stock.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
3 txns
Insider
Talwar Harit
Role
Director
Bought
5,000 shs ($127K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,000 | $25.3392 | $127K |
| Exercise | Restricted Stock Units (Class B) | 3,094 | $0.00 | $0.00 |
| Grant/Award | Class B Common Stock | 3,094 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (Class B) — 49,521 contracts (Direct);
Class B Common Stock — 49,508 contracts (Direct);
Class A Common Stock — 44,698 shares (Direct)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price for shares purchased in multiple transactions. The purchase prices range from $25.27 to $25.35 per share, inclusive. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares purchased at each separate price within the range.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
- F3. The restricted stock units were granted on May 23, 2022. 1/16ths of the restricted stock units will vest on the first day of each three (3)-month period following May 1, 2022, with the first such quarterly vesting date to occur on August 1, 2022, subject to the Reporting Person's continuous service on the Board of Directors of the Issuer through each such date.
- F4. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder.
Key Figures
Open-market purchase: 5,000 shares
Purchase price: $25.3392 per share
Class A holdings after trade: 44,698 shares
+3 more
6 metrics
Open-market purchase
5,000 shares
Class A Common Stock bought on May 22, 2026
Purchase price
$25.3392 per share
Weighted average for 5,000 Class A shares
Class A holdings after trade
44,698 shares
Direct ownership following May 22, 2026 purchase
Derivative grant/award
3,094 shares
Class B-related derivative tied to Class A on May 1, 2026
RSU exercise
3,094 units
Restricted Stock Units (Class B) exercised at $0.00
Conversion price
$0.00
Conversion or exercise price for the 3,094 derivative and RSU entries
Key Terms
weighted average price, restricted stock unit, Class B Common Stock, contingent right, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price for shares purchased in multiple transactions."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date."
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock."
vesting financial
"1/16ths of the restricted stock units will vest on the first day of each three (3)-month period following May 1, 2022."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did BETR director Harit Talwar report on this Form 4?
Harit Talwar reported buying 5,000 shares of Better Home & Finance Class A Common Stock in an open-market transaction and two derivative transactions involving 3,094 Class B-related securities each, including a grant/award and an exercise of Restricted Stock Units tied to Class B Common Stock.
At what price did Harit Talwar buy BETR Class A Common Stock?
He purchased 5,000 shares of Better Home & Finance Class A Common Stock at a weighted average price of $25.3392 per share. A footnote explains this reflects multiple trades, with individual prices ranging from $25.27 to $25.35 per share, all executed as part of the same purchase.
What are the Restricted Stock Units (Class B) mentioned in the BETR Form 4?
Each Restricted Stock Unit (Class B) represents a contingent right to receive one share of Better Home & Finance Class B Common Stock. These units were granted previously and vest in 1/16 increments every three months, subject to Harit Talwar’s continuous service on the company’s Board of Directors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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