FRATER HUGH R 4
4 · Better Home & Finance Holding Co · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
BETR Director Hugh Frater Receives 1,176 RSU Award
What Happened
- Hugh R. Frater, a director of Better Home & Finance Holding Co. (BETR), was granted 1,176 restricted stock units (RSUs) on 2026-03-31. The Form 4 reports the award as a derivative grant (transaction code A) with a reported price of $0.00 (typical for RSU grants on Form 4). Each RSU represents a contingent right to receive one share of the company’s Class A common stock.
Key Details
- Transaction date: 2026-03-31
- Transaction type/code: Grant/Award (A), derivative security (RSUs)
- Shares/units granted: 1,176 RSUs
- Reported price/value on Form 4: $0.00 (Form 4 shows no immediate cash exchange)
- Vesting: RSUs vest on the business day immediately preceding the issuer’s next annual meeting of stockholders (per filing footnote)
- Shares owned after transaction: Not specified in the supplied filing details
- Filing timeliness: Reported for period 2026-03-31 and filed the same date (no late filing indicated)
Context
- RSUs are a form of equity compensation that convert into shares (or cash) upon vesting; they are not an immediate purchase of shares and do not necessarily indicate a near-term buy/sell decision. The economic value to the insider will depend on the company’s stock price at vesting. Grants to directors are common as compensation or retention tools and are informational rather than a direct market signal.
Insider Transaction Report
Form 4
FRATER HUGH R
Director
Transactions
- Award
Restricted Stock Units (Class A)
[F1][F2]2026-03-31+1,176→ 1,176 total→ Class A Common Stock (1,176 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
- [F2]The restricted stock units will vest on the business day immediately preceding the Issuer's next annual meeting of stockholders.
Signature
/s/ Andrew Holt, Attorney-in-Fact|2026-03-31