Advani Loveen 4

What Happened

• Loveen Advani, Chief Financial Officer of Better Home & Finance Holding Co. (BETR), received two awards of restricted stock units (RSUs) on Feb 11, 2026: 110,000 RSUs and 50,000 RSUs (160,000 RSUs total). Each RSU represents a contingent right to one share of Class A common stock. The grants show an acquisition price of $0.00 (derivative awards), meaning no cash was paid.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely within the 2-business-day window).
• Grants: 110,000 RSUs and 50,000 RSUs; price reported $0.00 (derivative award).
• Shares owned after transaction: Not reported in the filing excerpt.
• Vesting / conditions (from footnotes):
  • One grant vests in installments: 1/12th on June 30, 2026, then equal installments on the first business day of each fiscal quarter thereafter, subject to continued service.
  • The other grant is subject to both performance- and time-based vesting: a stock-price performance goal must be achieved during Oct 1, 2025–Dec 31, 2030. Time vesting for that award is 25% on Feb 2, 2027, then quarterly over the following 36 months; if the performance condition is not met during the performance period, those RSUs will be forfeited.
• Transaction code: A = Award/Grant (derivative).

Context

• RSUs are compensation awards that convert to shares only if vesting and any performance conditions are met; they do not represent immediate, transferable shares. Awards like these are common executive compensation and do not by themselves indicate buying or selling sentiment.