Better Home (BETR) Director Michael Farello Receives 6,090 RSUs

What Happened

• Michael J. Farello, a director of Better Home & Finance Holding Co. (BETR), was granted 6,090 restricted stock units (RSUs) on July 20, 2026. The award is reported at $0 per unit (no cash paid) and is a derivative grant that can convert into shares under the terms described in the filing.

Key Details

• Transaction date: 2026-07-20; Filing date (Form 4): 2026-07-22.
• Grant type and amount: 6,090 restricted stock units (transaction code A, award/acquisition).
• Price/Value: $0.00 per unit as reported on the Form 4 (typical for RSU grants; value for reporting equals zero at grant).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
  • F2: The RSUs will vest on the business day immediately preceding the Issuer's next annual meeting of stockholders.
• Filing timeliness: Form 4 was filed two days after the reported transaction date; the filing does not indicate a late reporting flag.

Context

• This transaction is a compensation award (RSUs) to a director, not an open-market purchase or sale. RSUs are time- or event-contingent grants that convert to common stock upon vesting (here, just before the next annual meeting), so they do not represent immediate share purchases or sales and typically reflect routine director compensation rather than an immediate trading signal.