Better Home & Finance Grants Performance-Based RSUs to Top Executives

Reuters11-08
Better Home & Finance Grants Performance-Based RSUs to Top Executives

Better Home & Finance Holding Company has approved new restricted stock unit (RSU) awards for key executives under its 2023 Incentive Equity Plan. CEO Vishal Garg was granted 287,500 RSUs tied to stock price goals and another 287,500 RSUs linked to company revenue targets. General Counsel Paula Tuffin received 50,000 RSUs for each of the same performance measures. The RSUs will vest if both performance and time-based criteria are met, with 25% vesting after one year and the remainder in equal quarterly installments over the following three years. The awards are also subject to accelerated vesting in certain termination or change of control scenarios.

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