Better Home & Finance (BETR) exec sells shares to cover RSU taxes

Q: What insider transaction did BETR officer Chad M. Smith report?

Chad M. Smith reported an automatic sale of 3,307 BETR Class A shares on 2026-08-19 to satisfy tax withholding obligations upon vesting of restricted stock units. The sale was reported as a code S transaction in the open market or a private transaction.

Q: At what price were the 3,307 BETR shares sold by Chad M. Smith?

The 3,307 BETR shares were sold at a weighted average price of $12.854 per share. The filing states that the individual sale prices ranged from $12.70 to $13.06 per share across multiple transactions on 2026-08-19.

Q: Why did Chad M. Smith sell BETR shares in this Form 4 filing?

The shares were automatically sold to satisfy tax withholding obligations arising from the vesting of restricted stock units. This indicates the sale was related to equity compensation tax requirements rather than a discretionary open-market sale for portfolio reasons.

Q: How many BETR shares does Chad M. Smith hold after the reported transaction?

After the transaction, Chad M. Smith directly held 1,693 BETR Class A shares. He also had an indirect holding of 23,516 shares classified as held “By Trust”, as reported in the same Form 4 filing.

Q: Were the BETR insider sales under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction (aff_10b5_one is false), and the footnotes do not reference a Rule 10b5-1 plan. The sale is instead described as automatic to cover tax withholding on RSU vesting.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Better Home & Finance Holding Co (BETR) officer Chad M. Smith reported an automatic sale of 3,307 shares of Class A Common Stock on 2026-08-19 to satisfy tax withholding obligations upon vesting of restricted stock units. The weighted average sale price was $12.854 per share, with prices ranging from $12.70 to $13.06. After this transaction, he directly held 1,693 shares and indirectly held 23,516 shares through a trust.

Insider Trade Summary

Net Seller: 3,307 shares

Net Sell 2 txns

Insider Smith Chad M.

Role President, BMC

Sold 3,307 shs ($43K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock ^{F1, F2}	3,307	$12.854	$43K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,693 shares (Direct); Class A Common Stock — 23,516 shares (Indirect, By Trust)

Footnotes (2)

F1. Shares automatically sold to satisfy tax withholding obligations upon vesting of restricted stock units.
F2. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $12.70 to $13.06 per share. 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 sold at each separate price within the range.

Key Figures

Shares sold: 3,307 shares of Class A Common Stock Weighted average sale price: $12.854 per share Sale price range: $12.70 to $13.06 per share +3 more

6 metrics

Shares sold 3,307 shares of Class A Common Stock Automatic sale on 2026-08-19 to satisfy tax withholding obligations

Weighted average sale price $12.854 per share Weighted average for multiple sale transactions on 2026-08-19

Sale price range $12.70 to $13.06 per share Price range for individual trades included in the weighted average

Direct holdings after transaction 1,693 shares Direct BETR Class A Common Stock held by Chad M. Smith after the sale

Indirect holdings after transaction 23,516 shares Indirect BETR Class A Common Stock held “By Trust” after the transaction

Net buy/sell shares -3,307 shares Net effect of reported non-derivative transactions is a net-sell of 3,307 shares

Key Terms

restricted stock units, tax withholding obligations, weighted average price, indirect ownership

4 terms

restricted stock units financial

"upon vesting of restricted stock units."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"sold to satisfy tax withholding obligations upon vesting"

weighted average price financial

"The price reported in Column 4 is a weighted average price"

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.

indirect ownership financial

"total_shares_following_transaction"... "ownership_type": "indirect""

FAQ

What insider transaction did BETR officer Chad M. Smith report?

Chad M. Smith reported an automatic sale of 3,307 BETR Class A shares on 2026-08-19 to satisfy tax withholding obligations upon vesting of restricted stock units. The sale was reported as a code S transaction in the open market or a private transaction.

At what price were the 3,307 BETR shares sold by Chad M. Smith?

The 3,307 BETR shares were sold at a weighted average price of $12.854 per share. The filing states that the individual sale prices ranged from $12.70 to $13.06 per share across multiple transactions on 2026-08-19.

Why did Chad M. Smith sell BETR shares in this Form 4 filing?

The shares were automatically sold to satisfy tax withholding obligations arising from the vesting of restricted stock units. This indicates the sale was related to equity compensation tax requirements rather than a discretionary open-market sale for portfolio reasons.

How many BETR shares does Chad M. Smith hold after the reported transaction?

After the transaction, Chad M. Smith directly held 1,693 BETR Class A shares. He also had an indirect holding of 23,516 shares classified as held “By Trust”, as reported in the same Form 4 filing.

Were the BETR insider sales under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as a plan transaction (aff_10b5_one is false), and the footnotes do not reference a Rule 10b5-1 plan. The sale is instead described as automatic to cover tax withholding on RSU vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/20/2026 - 04:43 PM Accepted by SEC EDGAR 08/20/2026 - 04:42 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Smith Chad M.

(Last)

(First)

(Middle)

C/O BETTER HOME & FINANCE HOLDING CO

1 WORLD TRADE CENTER, 80TH FLOOR SUITE A

(Street)

NEW YORK

10013

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Better Home & Finance Holding Co [ BETR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, BMC

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	08/19/2026		S⁽¹⁾		3,307	D	$12.854⁽²⁾	1,693	D
Class A Common Stock								23,516	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares automatically sold to satisfy tax withholding obligations upon vesting of restricted stock units.

2. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $12.70 to $13.06 per share. 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 sold at each separate price within the range.

Remarks:

	/s/ Andrew Holt, Attorney-in-Fact	08/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR