STOCK TITAN

Better Home & Finance (BETR) director receives 11,327 shares as RSUs vest

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Better Home & Finance Holding Co director Michael J. Farello received shares through a vesting event rather than market trading. On June 9, 2026, 11,327 Restricted Stock Units (RSUs) converted into 11,327 shares of Class A common stock as they vested.

The Form 4 shows this as an exercise or conversion of a derivative security, with no reported open‑market purchases or sales. Following the transaction, Farello directly holds 11,327 shares of Class A common stock, and the reported RSU award has been fully converted.

Positive

  • None.

Negative

  • None.
Insider Farello Michael J.
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units (Class A) 11,327 $0.00 $0.00
Exercise Class A Common Stock 11,327 $0.00 $0.00
Holdings After Transaction: Restricted Stock Units (Class A) — 0 shares (Direct); Class A Common Stock — 11,327 shares (Direct)
Footnotes (2)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
  2. F2. The restricted stock units vested on June 9, 2026.
RSUs converted 11,327 units Restricted Stock Units (Class A) vested on June 9, 2026
Shares acquired 11,327 shares Class A Common Stock received from RSU conversion on June 9, 2026
Share price for exercise $0.00 per share Reported transaction price per share for RSU conversion
Post-transaction holdings 11,327 shares Total Class A Common Stock directly held after transaction
Exercise transactions 1 transaction, 11,327 shares Derivative exercise/conversion count and shares in summary
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
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.
Class A Common Stock financial
"Each restricted stock unit represents a contingent right to receive 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.
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock."
vested financial
"The restricted stock units vested on June 9, 2026."

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

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FAQ

What insider transaction did BETR director Michael J. Farello report?

Michael J. Farello reported the vesting and conversion of 11,327 Restricted Stock Units into 11,327 shares of Class A common stock. The filing shows this as a derivative exercise, not an open-market buy or sale, and reflects equity compensation becoming actual shares.

How many Better Home & Finance (BETR) shares did Farello acquire in this Form 4?

Farello acquired 11,327 shares of Class A common stock through RSU conversion. Each Restricted Stock Unit represented a contingent right to receive one share, and the units vested on June 9, 2026, resulting in the issuance of these 11,327 shares as disclosed.

Were any Better Home & Finance (BETR) shares sold in this Form 4 filing?

No sales are reported in this Form 4. The transactions are coded as “M,” indicating exercise or conversion of a derivative security. The 11,327 Restricted Stock Units vested and converted into 11,327 Class A shares, with no open-market sale or tax-withholding disposition disclosed.

What do the Restricted Stock Units in the BETR Form 4 represent?

Each Restricted Stock Unit represents a contingent right to receive one share of Better Home & Finance’s Class A common stock. According to the footnotes, these RSUs vested on June 9, 2026, and upon vesting they were settled in 11,327 shares of Class A common stock.

How many Better Home & Finance (BETR) shares does Farello hold after the reported transaction?

After the transaction, Farello directly holds 11,327 shares of Class A common stock. This matches the number of Restricted Stock Units that vested and converted on June 9, 2026, indicating the reported RSU position in this filing has been fully settled into common shares.
SEC Form 4
FORM 4UNITED 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*
Farello Michael J.

(Last)(First)(Middle)
C/O BETTER HOME & FINANCE HOLDING CO
1 WTC, 285 FULTON STREET, FLOOR 80

(Street)
NEW YORK NEW YORK 10007

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/09/2026M11,327A$011,327D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (Class A)(1)06/09/2026M11,327 (2) (2)Class A Common Stock11,327$00D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
2. The restricted stock units vested on June 9, 2026.
Remarks:
/s/ Andrew Holt, Attorney-in-Fact06/11/2026
** Signature of Reporting PersonDate
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)