Tuffin Paula 4

What Happened

• Paula Tuffin, General Counsel and Chief Compliance Officer of Better Home & Finance Holding Co. (BETR), had 3,166 restricted stock units (RSUs) convert into 3,166 shares on Feb 1, 2026 (reported as derivative exercise, code M). To cover tax withholding (code F), 1,240 of those shares were surrendered at a reported value of $30.31 per share, totaling $37,584. The filing shows the RSU conversion (acquired 3,166 shares) and the related withholding (disposed 1,240 shares); net shares received from the vesting were 1,926.

Key Details

• Transaction date: February 1, 2026. Filing date: February 3, 2026 (timely).
• Conversion/acquired: 3,166 shares via RSU conversion (code M) at $0 exercise price.
• Tax withholding/disposed: 1,240 shares at $30.31 per share, value $37,584 (code F).
• Filing also lists a derivative disposition of 3,166 units (code M) at $0 — reflects cancellation/conversion of the RSU derivative into actual shares.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — each RSU represents a contingent right to one Class A common share. F2 — vesting schedule: 3/12 on July 1, 2025; 8/12 monthly Aug 1, 2025–Mar 1, 2026; final 1/12 on Mar 15, 2026.
• Not a 10% owner transaction; this was routine RSU vesting with tax withholding, not an open-market sale or purchase.

Context

• This was a vesting/tax-withholding event, not a discretionary open-market sale. Withholding shares to cover taxes is common and does not necessarily signal the insider is reducing their economic stake. The filing shows conversion of RSUs into shares and retention of a portion to satisfy tax obligations (a form of "cashless" settlement for taxes).