Orn Jonsson Sigurgeir 4
Research Summary
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BETR CTO Orn Jonsson Withholds 1,409 Shares for Taxes
What Happened Orn Jonsson Sigurgeir, Chief Technology Officer of Better Home & Finance Holding Co. (BETR), had 1,409 shares of Class A common stock withheld on April 2, 2026 to satisfy tax withholding obligations tied to vested restricted stock units. The shares were valued at $32.90 each, for a total withholding value of $46,356. This was a tax withholding/disposition (code F), not an open-market sale.
Key Details
- Transaction date: April 2, 2026. Price used: $32.90 per share. Total value: $46,356.
- Transaction type/code: F — shares withheld to pay taxes upon vesting of RSUs.
- Footnote: The RSUs vested on March 1, 2026; the number of shares withheld was determined on April 2, 2026 using the issuer’s closing price on February 27, 2026.
- Shares owned after the transaction: not specified in the provided filing summary.
- Filing timeliness: Form 4 filed April 6, 2026 — appears to be timely (filed within the required two business days).
Context This was a routine tax-withholding event following RSU vesting (a common administrative disposition) rather than a discretionary sale or purchase. Such withholdings simply satisfy tax obligations and do not necessarily indicate the insider’s market view.