Tuffin Paula 4
4 · Better Home & Finance Holding Co · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
BETR GC Paula Tuffin Receives RSUs; Shares Withheld for Taxes
What Happened
Paula Tuffin, General Counsel and Chief Compliance Officer of Better Home & Finance Holding Co. (BETR), had 3,167 restricted stock units (RSUs) convert to common shares on March 15, 2026 (acquired at $0.00 per share as part of vesting). To satisfy tax withholding obligations tied to RSU vesting, a total of 2,823 shares were withheld/disposed: 1,203 shares on Mar 13 at $32.90 (proceeds $39,579) and 1,620 shares on Mar 16 at $34.45 (proceeds $55,809), totaling $95,388. These dispositions were recorded as tax withholdings—not open‑market purchases or discretionary sales.
Key Details
- Transactions recorded:
- 2026-03-13: 1,203 shares withheld at $32.90 — $39,579 (tax withholding)
- 2026-03-15: 3,167 RSUs converted to 3,167 shares @ $0.00 (acquired via vesting)
- 2026-03-16: 1,620 shares withheld at $34.45 — $55,809 (tax withholding)
- Total withheld/disposed for taxes: 2,823 shares for ~$95,388.
- Shares owned after these transactions: not disclosed in this filing.
- Footnotes: F1/F2 indicate shares withheld to pay taxes on RSU vesting (vesting dates Mar 1 and Mar 15, 2026); F3 = 1 RSU equals 1 share; F4 lists the RSU vesting schedule (tranches from July 1, 2025 through Mar 15, 2026). Withholding share counts were determined using closing prices on Feb 27 and Mar 13, 2026 (per footnotes).
- Filing: Form 4 filed 2026-03-17; the filing does not indicate a tardiness flag.
Context
- Code M entries reflect conversion/exercise of derivatives (here, RSUs converting to common stock at $0 exercise price).
- The withheld/disposed shares were to satisfy tax obligations on vested RSUs (a common "sell/withhold to cover taxes" routine), not necessarily an indicator of insider market sentiment.
- No 10b5-1 plan or other trading plan is referenced in the filing.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-13$32.90/sh−1,203$39,579→ 36,360 total - Exercise/Conversion
Class A Common Stock
2026-03-15+3,167→ 39,527 total - Tax Payment
Class A Common Stock
[F2]2026-03-16$34.45/sh−1,620$55,809→ 37,907 total - Exercise/Conversion
Restricted Stock Units (Class A)
[F3][F4]2026-03-15−3,167→ 0 total→ Class A Common Stock (3,167 underlying)
Footnotes (4)
- [F1]Represents shares of common stock withheld to pay taxes upon vesting of restricted stock units held by the Reporting Person, which vesting occured on March 1, 2026. The number of shares withheld was determined on March 13, 2026 based on the closing price of the Issuer's Class A common stock on February 27, 2026.
- [F2]Represents shares of Class A common stock withheld to pay taxes for the vesting of restricted stock units held by the Reporting Person, which vesting occured on March 15, 2026. The number of shares withheld was determined on March 16, 2026, based on the closing price of the Issuer's Class A common stock on March 13, 2026.
- [F3]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F4]The restricted stock units will vest with respect to (i) 3/12ths of such restricted stock units on July 1, 2025, (ii) 8/12ths of such restricted stock units in equal monthly installments beginning on August 1, 2025 through March 1, 2026, and (iii) the remaining 1/12th of such restricted stock units on March 15, 2026.