Smith Chad M. 4

What Happened Chad M. Smith, President & COO (Better Mortgage) of Better Home & Finance Holding Co (BETR), disposed of a total of 12,995 shares on Feb 17, 2026. Of those, 6,995 shares were withheld to cover taxes on vesting restricted stock units (valued at $29.11 each, $203,624 total) and 6,000 shares were sold in open‑market transactions for combined proceeds of $180,448 (5,004 shares at a weighted avg ~$30.01 for $150,181; 996 shares at a weighted avg ~$30.39 for $30,267). Combined reported value for the disposed shares is about $384,072. These actions are sales/withholding (not purchases).

Key Details

• Transaction date: 2026-02-17; Form filed 2026-02-18 (timely).
• Withholding (code F): 6,995 shares withheld to pay taxes on RSUs originally granted Feb 11, 2026; withholding price reported at $29.11/share (total $203,624).
• Open‑market sales (code S): 5,004 shares at weighted avg ~$30.01 (range $29.29–$30.17) for $150,181; 996 shares at weighted avg ~$30.39 (range $30.28–$30.43) for $30,267. Reporting person can provide breakdown of exact per‑trade prices on request (per footnotes).
• Shares owned after transaction: Not reported in the Form 4 provided.
• No indication of a 10b5‑1 plan or gift; transaction codes are F (tax withholding) and S (sale).

Context

• The 6,995‑share withholding is a routine tax withholding upon RSU vesting (not a market sale by choice). The remaining 6,000 shares were sold in open market trades the same day.
• Such filings are factual records of insider dispositions; they do not by themselves reveal the insider’s motivation.