Chad M. Smith, who serves as President and Chief Operating Officer of Better Mortgage at Better Home & Finance Holding Co (NASDAQ: BETR), reported several insider transactions in mid-March 2026, including outright sales, disposals to meet tax obligations and an options exercise.
Smith sold 2,374 shares of Class A Common Stock on March 16 and 2,567 shares on March 17. Those disposals were executed at weighted average prices ranging from $28.20 to $28.77 for the March 16 sale and $29.70 to $30.04 for the March 17 sale. The combined proceeds from those two sales amounted to $144,193.
In addition to the outright sales, Smith also disposed of shares to satisfy tax liabilities triggered by the vesting of restricted stock units. On March 16 he disposed of 2,460 shares at a price of $34.45, resulting in proceeds of $84,747. Separately, on March 13 he disposed of 2,266 shares at $32.90, for proceeds of $74,551.
Earlier in that sequence of transactions, on March 15 Smith exercised options to acquire 4,834 shares of Class A Common Stock. The exercise price for those options was $0.
These insider moves occur as Better Home & Finance reported solid financial performance for the fourth quarter of 2025. The company said it delivered a notable year-over-year increase in revenue and demonstrated improved operational efficiency during the period. The company also signaled progress in its strategic transition to an AI-native platform.
Despite the positive operating and revenue developments reported for Q4 2025, the company’s share price declined following the earnings release. Company commentary framed the results as part of ongoing efforts to refine the business model and enhance operational capabilities, with an expressed focus on leveraging technology to drive growth and efficiency.
Investors may find the combination of insider transactions and the company’s recent financial and strategic updates relevant as Better Home & Finance continues to implement its AI-native transition and operational initiatives.