Talwar Harit 4

What Happened

• Harit Talwar, a director of Better Home & Finance Holding Co. (BETR), purchased 5,000 shares in an open-market transaction on 2026-05-22 at a weighted average price of $25.34 per share, for a total of $126,696.
• The filing also reports derivative activity on 2026-05-01 showing 3,094 shares reflected as an exercise/conversion (derivative disposition) and 3,094 shares reported as a grant/award (derivative acquisition) at $0.00. Footnotes indicate these relate to restricted stock units (RSUs) that convert to one share each when vested.

Key Details

• Transaction dates and prices:
  • Open-market purchase: 5,000 shares on 2026-05-22 at a weighted average $25.34 (purchase prices ranged $25.27–$25.35 per F1), total $126,696.
  • Derivative activity: 3,094 shares on 2026-05-01 reported as exercised/converted and as awarded at $0.00 (see F2–F3).
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Weighted-average purchase price; breakdown by individual prices available on request.
  • F2–F3: The 3,094 items are RSUs (each converts to one Class B share) granted May 23, 2022 with quarterly vesting (1/16ths) subject to continued board service.
  • F4: Class B shares are convertible into Class A shares under specified conditions.
• Filing timeliness: Form 4 filed 2026-05-26. The 5/01 derivative/award entries were reported about 25 days later than typical SEC Form 4 deadlines (Form 4s are normally due within two business days of the reportable transaction).

Context

• The 5,000-share open-market purchase is a straightforward buy (a generally bullish signal because an insider is adding stock).
• The 3,094-item entries reflect RSU-related derivative activity (vesting/settlement), not a cash purchase or sale; such vesting is common and does not by itself indicate a market view.
• No indication in the filing that shares from the purchase were immediately sold (i.e., not a cashless exercise/sale transaction).