Better Home & Finance Holding Co·4

Jun 11, 8:17 PM ET

Farello Michael J. 4

4 · Better Home & Finance Holding Co · Filed Jun 11, 2026

Research Summary

AI-generated summary of this filing

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BETR Director Michael J. Farello Receives 11,327 Shares via RSU Vest

What Happened
Michael J. Farello, a director of Better Home & Finance Holding Co (BETR), reported the vesting and conversion of 11,327 restricted stock units (RSUs) into 11,327 shares on June 9, 2026. The Form 4 shows an acquisition by conversion at $0.00 per share and a corresponding derivative disposition entry for the same number of shares at $0.00. No cash purchase or open-market sale is reported.

Key Details

  • Transaction date: June 9, 2026; Form filed June 11, 2026 (appears timely—within two business days).
  • Shares acquired by conversion: 11,327 at $0.00 per share (total reported value $0).
  • Corresponding derivative disposition: 11,327 at $0.00 (reflects conversion/cancellation of the derivative).
  • Shares owned after the transaction: not disclosed in the filing.
  • Footnotes: F1 — each RSU equals the right to one Class A common share; F2 — the RSUs vested on June 9, 2026.

Context
This is a vesting/conversion of RSUs, not a cash purchase or market sale. Form shows conversion of a derivative (RSU) into common stock; such filings are routine for equity awards vesting. There is no indication in this filing of an immediate open-market sale or tax withholding transaction.

Insider Transaction Report

Form 4
Period: 2026-06-09
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2026-06-09+11,32711,327 total
  • Exercise/Conversion

    Restricted Stock Units (Class A)

    [F1][F2]
    2026-06-0911,3270 total
    Class A Common Stock (11,327 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 vested on June 9, 2026.
Signature
/s/ Andrew Holt, Attorney-in-Fact|2026-06-11

Documents

1 file
  • 4
    wk-form4_1781223476.xmlPrimary

    FORM 4