NEW YORK, February 18, 2026–(BUSINESS WIRE)–On February 18, 2026, Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or the “Company”) announced that, on February 11, 2026, the Compensation, Corporate Governance and Nominations Committee of the Board of Directors (the “Board”) of Better granted inducement awards to Better’s new Chief Financial Officer, Loveen Advani, Better’s new Chief Operating Officer, Barry Feierstein, and 22 additional new employees under the Better Home & Finance Holding Company 2026 Inducement Incentive Plan (the “Inducement Plan”).
Mr. Advani’s awards cover (1) 110,000 restricted stock units underlying shares of the Company’s Class A common stock (“RSUs”), which will vest in twelve (12) equal installments, with the initial installment vesting on June 30, 2026 and the remainder vesting on the first business day of each fiscal quarter thereafter, and (2) 100,000 performance-based RSUs, which will vest upon the achievement of both (i) certain Company stock price and revenue goals, as applicable, during a performance period beginning October 1, 2025 and ending December 31, 2030 (the “Performance Period”) and (ii) time-vesting criteria over the four-year period described below, subject to Mr. Advani’s continued employment through the applicable vesting dates, and will be subject to certain accelerated vesting events, including as provided for in Better’s Executive Change in Control Severance Plan.
Mr. Feierstein’s award covers 75,000 performance-based RSUs, which shall vest upon the achievement of both (i) certain stock price and revenue goals, as applicable, during the Performance Period and (ii) time-vesting criteria over the four-year period described below, subject to Mr. Feierstein’s continued employment through the applicable vesting dates, and will be subject to certain accelerated vesting events, including as provided for in Better’s Executive Change in Control Severance Plan.
The inducement grant also includes awards issued to 22 additional new employees, which consisted of an aggregate of 103,308 time-based RSUs, with 25% of the RSUs vesting on the first anniversary of the employee’s start date and the remainder vesting in equal quarterly installments over the following three years, subject to the employee’s continued employment through the applicable vesting date.
The Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees or directors of Better, or following a bona fide period of non-employment, as an inducement material to such individuals’ entering into employment with the Company, pursuant to Nasdaq Listing Rule 5635(c)(4). The Inducement Plan was adopted by the Board on February 11, 2026.