Better Home (BETR) Director Hugh Frater Receives 6,851 RSUs

What Happened

• Director Hugh R. Frater received a grant of 6,851 restricted stock units (RSUs) on 2026-07-20. The RSUs were granted at a $0.00 purchase price (award/derivative transaction), so no cash changed hands. The filing lists the award as a derivative grant (transaction code A).

Key Details

• Transaction date: 2026-07-20; Form 4 filed: 2026-07-22 (appears timely under the two-business-day rule).
• Grant: 6,851 RSUs at $0.00 (total cash value on grant = $0).
• Shares owned after transaction: not disclosed in the Form 4 filing.
• Footnotes: F1 — Each RSU represents a contingent right to one share of the Issuer's Class A common stock. F2 — The RSUs vest on the business day immediately preceding the Issuer's next annual meeting of stockholders.
• Transaction code: A (Award/Grant).

Context

• RSUs are compensation awards that convert into actual shares only upon vesting; they are not an open-market purchase or sale and do not necessarily signal buying or selling intent. This grant increases potential future share ownership for the director if vesting conditions are met and the units convert to Class A common stock.