Better Home & Finance Holding Co·4

Jun 11, 8:12 PM ET

Narasimhan Prabhu 4

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

Research Summary

AI-generated summary of this filing

Updated

Better Home (BETR) Director Narasimhan Prabhu Converts 11,327 RSUs

What Happened

  • Narasimhan Prabhu, a director of Better Home & Finance Holding Co. (BETR), converted 11,327 restricted stock units (RSUs) into 11,327 shares on June 9, 2026. The conversion shows an acquisition of 11,327 shares at $0.00 (no cash exercise price) and a simultaneous disposition of 11,327 shares at $0.00 reported on the Form 4.
  • The transactions reflect conversion/settlement of RSUs rather than a market purchase or an open-market sale for cash. No cash value is reported on the filing for these entries.

Key Details

  • Transaction date: June 9, 2026 (reported on Form 4 filed June 11, 2026).
  • Reported transactions: 11,327 shares acquired via conversion of derivative (code M) at $0.00; 11,327 shares disposed via conversion/derivative (code M) at $0.00.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes: F1 — each RSU represents a contingent right to one Class A common share; F2 — the RSUs vested on June 9, 2026.
  • Filing timeliness: Form 4 filed June 11, 2026 reporting the June 9 transaction; the filing does not indicate a late filing flag in the provided data.

Context

  • This is a conversion/settlement of equity awards (RSUs). The $0.00 amounts reflect that RSUs converted into shares without a cash exercise payment; the equal disposal indicates those shares were transferred/removed from beneficial ownership per the filing (e.g., withholding, sale, or other disposition as reported), but the filing does not include details of the reason for the disposition.
  • For retail investors, award vesting and conversion typically reflect routine compensation or corporate award administration and are not direct buy/sell signals about the insider’s market view.

Insider Transaction Report

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

    Class A Common Stock

    2026-06-09+11,32771,242 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_1781223134.xmlPrimary

    FORM 4