Nicholas J. Calamari 4
Research Summary
AI-generated summary
BETR CAO Nicholas Calamari Withholds 9,020 Shares for Taxes
What Happened
Nicholas J. Calamari, Chief Accounting Officer and Senior Counsel of Better Home & Finance Holding Co (BETR), had 9,020 shares of Class A common stock withheld to satisfy tax withholding upon vesting of restricted stock units. The shares were valued at $29.11 each for a total of $262,572. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-17
- Price used for withholding: $29.11 per share
- Shares withheld/disposed: 9,020; total value ≈ $262,572
- Footnote: These were RSUs granted to the reporting person on Feb 11, 2026; the number withheld was determined based on the issuer’s Feb 11, 2026 closing price (F1).
- Shares owned after transaction: Not specified in the filing.
- Filing date/accession: Report filed 2026-02-18 (timely relative to the reported 2026-02-17 transaction).
- Transaction code meaning: F = payment of exercise price or tax liability via share withholding.
Context
Tax-withholding by withholding shares is a routine administrative step when RSUs vest and does not represent a discretionary sale of shares on the open market. It reflects compensation tax handling rather than a trading signal about the insider’s view of the company.