CEO Garg’s “Buy‑Sell‑Sell” Play: Insider Buys at Zero, Premium Sales Amid BETR’s Volatile Drop

Insider Activity at Better Home & Finance Holding Co.

CEO Garg Vishal’s Latest Trade and What It Signals On February 1, 2026, CEO Garg Vishal executed a mixed‑bag transaction: a purchase of 3,166 shares of Class A Common Stock at $0.00 (effectively a market‑price buy, as the filing price is zero) and a simultaneous sale of 1,373 shares at $30.31. In addition, he sold 3,166 Restricted Stock Units (RSUs) that were vesting on March 15, 2026. The net result was a slight increase in his holdings to 16,209 shares, while the RSU sale reduced his future dilution risk. This pattern—buying at a flat price and selling at a positive price—suggests a confidence in the near‑term upside while also capitalizing on short‑term price spikes. Given the current market price of $27.84 and a modest 0.04% increase, the CEO’s sale at $30.31 indicates he may have been looking to lock in gains before the share price potentially corrects after the recent 9.14% weekly drop.

Broader Insider Movement and Investor Implications Better Home & Finance’s insider activity is far from isolated. Across the board, key executives—Nicholas J. Calamari, Tuffin Paula, Smith Chad M., and Talwar Harit—have each undertaken multiple trades in February, with a mix of buys and sells that keep their holdings within a relatively stable range. The most notable pattern is a series of RSU sales that coincide with vesting dates, a normal practice that helps executives avoid large tax liabilities. However, the repeated sales of Class A shares at higher prices (e.g., Calamari’s $30.31 sale) raise questions about whether insiders are exploiting short‑term price movements. For investors, this activity suggests a cautious stance: while insider buys can signal confidence, frequent sales at premium prices may indicate an intent to profit from volatility rather than a long‑term stake in the company’s growth.

What This Means for BETR’s Future The company’s fundamentals remain weak: a negative P/E of –2.21 and a 52‑week high that has already fallen from $94.06 to $26.87. The recent CEO trade, coupled with the surge in social‑media buzz (821% intensity and a sentiment of +95), could temporarily lift the stock, but the underlying valuation issues—negative earnings and high volatility—may dampen long‑term momentum. Investors should watch for any material corporate developments (e.g., the February 2 CFO appointment) that could shift sentiment, but the current insider behavior indicates that the leadership may be more focused on short‑term price movements than on restructuring the business model.

Garg Vishal: A Profile of His Trading Habits Historically, Garg has exhibited a “buy‑sell‑sell” rhythm. In December 2025, he sold 1,752 shares at $45.12, then bought 3,167 shares at $0.00, and simultaneously sold 3,167 RSUs—all on the same day. This pattern repeats in the February 2026 filing. His transactions often align with RSU vesting dates and market highs, suggesting a strategy aimed at capitalizing on liquidity windows. While the CEO’s purchases can be interpreted as a confidence vote, the consistent timing of RSU liquidations points to a disciplined approach to tax planning and wealth management rather than opportunistic trading.

Takeaway for Investors

• Insider buys hint at confidence, but frequent sales at premium prices warrant caution.
• The company’s negative earnings and high volatility remain significant risks.
• Garg’s trading history reflects a tax‑efficient strategy rather than aggressive speculation.
• Short‑term price spikes driven by social‑media buzz are likely to be followed by corrections.

Investors should weigh these factors against BETR’s broader strategic initiatives and market conditions before deciding on a position.