Better Home & Finance (BETR) COO receives 37,500 performance RSUs
Rhea-AI Filing Summary
FEIERSTEIN BARRY reported acquisition or exercise transactions in this Form 4 filing.
Better Home & Finance Holding Co’s Chief Operating Officer, Barry Feierstein, received an award of 37,500 restricted stock units (RSUs) tied to the company’s Class A common stock. Each RSU represents a right to receive one share at no cost.
The RSUs, granted on February 11, 2026, vest only if both time-based and performance conditions are met. The performance goal requires achieving a specified stock price between October 1, 2025 and December 31, 2030. If this is not achieved, all RSUs are forfeited.
For time-based vesting, 25% of the RSUs vest on December 15, 2026, with the remainder vesting quarterly over the next 36 months, contingent on Feierstein’s continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Class A) | 37,500 | $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 are subject to both performance- and time-based vesting criteria. The performance-based criteria provides for the achievement of a specified stock price goal of the Issuer's Class A common stock occuring during the period beginning on October 1, 2025 and ending on December 31, 2030 (the "Performance Period"). 25% of the restricted stock units shall time vest on December 15, 2026 and the remainder shall time vest quarterly over the following 36 months, subject to the reporting person's continued service with the Issuer. In the event the performance criteria is not met during the Performance Period, the RSUs shall be forfeited.