Garg Vishal 4

What Happened

• Garg Vishal, CEO of Better Home & Finance Holding Co. (BETR), had 3,166 restricted stock units convert into shares on Feb 1, 2026 (recorded as an exercise/conversion of derivative). To satisfy tax withholding, 1,373 of those shares were withheld/sold at $30.31 per share, generating approximately $41,616 in proceeds for taxes. The conversions were recorded at $0.00 exercise price (typical for RSU settlement).

Key Details

• Transaction date: February 1, 2026; Form 4 filed Feb 3, 2026.
• Conversion: 3,166 RSUs → 3,166 shares (recorded as derivative exercise, code M).
• Tax withholding/sale: 1,373 shares disposed at $30.31 each for $41,616 (code F).
• Shares owned after transaction: not disclosed in this Form 4 filing.
• Footnotes: F1 clarifies each RSU equals a contingent right to one Class A share; F2 shows the RSU vesting schedule (portion vested July 1, 2025; monthly vesting Aug 1, 2025–Mar 1, 2026; remaining on Mar 15, 2026).
• No indication of a 10b5-1 plan or other special trading plan in the filing.

Context

• This appears to be an RSU settlement with mandatory tax withholding rather than an open-market sale for investment purposes. Tax-withholding share dispositions are common and do not necessarily signal the insider’s view on the company’s stock. The filing shows conversion of equity awards (derivative settlement) rather than a cash purchase.