Companies Better Home & Finance Holding Co
Better Home & Finance (BETR): executive pay, fiscal 2025
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CEO pay, last three years
- $5,600,810FY2023
- $750,810FY2024
- $26,689,276FY2025
CEO total pay was $26,689,276 in fiscal 2025, up from $750,810 in fiscal 2024.
FY2025: salary $450,000 · bonus $5,600,000 · stock awards $20,638,706 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Vishal Garg | $450,000 | $5,600,000 | $20,638,706 | $0 | $0 | $0 | $570 | $26,689,276 |
| Chief Executive Officer | ||||||||
| Paula Tuffin | 450,000 | 850,000 | 3,955,518 | 0 | 0 | 0 | 2,508 | 5,258,026 |
| General Counsel, Chief Compliance Officer and Secretary | ||||||||
| Chad Smith | 533,333 | 1,694,500 | 2,783,917 | 0 | 0 | 0 | 874 | 5,012,624 |
| President and Chief Operating Officer of BMC | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Vishal Garg | $26,689,276 | $750,810 | $5,600,810 | ↑ +25,938,466 |
| Paula Tuffin | 5,258,026 | 1,125,810 | — | ↑ +4,132,216 |
| Chad Smith | 5,012,624 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our executive compensation program is designed to align the interests of our executives and our stockholders, attract, retain and motivate key executives critical to achieving our vision and strategy, provide competitive total compensation opportunities, recognize and reward outstanding company and individual performance, and avoid compensation structures and incentives that encourage excessive risk-taking.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | F.W. Cook & Co., Inc. |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Vishal Garg | RSU | 12,667 | — | $412,691 |
| Paula Tuffin | RSU | 12,667 | — | 412,691 |
| Chad Smith | RSU | 19,333 | — | 629,869 |
| Chad Smith | RSU | 50,000 | — | 1,629,000 |
| Chad Smith | PSU | 60,000 | — | 1,954,800 |
| Chad Smith | PSU | 80,000 | — | 2,606,400 |
| Harit Talwar | RSU | 89,593 | — | 2,918,940 |
| Paula Tuffin | PSU | 100,000 | — | 3,258,000 |
| Vishal Garg | PSU | 575,000 | — | 18,733,500 |
| Vishal Garg | RSU | 1,254,813 | — | 40,881,808 |
| Vishal Garg | RSU | 1,298,331 | — | 42,299,624 |
| Vishal Garg | RSU | 1,300,000 | — | 42,354,000 |
| Vishal Garg | RSU | 1,975,843 | — | 64,372,965 |
| Harit Talwar | RSU | 2,597,454 | — | 84,625,051 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Harit TalwarNot independent · Board Chair · Audit · Compensation, Corporate Governance and Nominations Committee | $437,033 | $4,118,103 | $0 | — | $0 | $4,555,136 |
| Prabhu NarasimhanNot independent · Audit · Compensation, Corporate Governance and Nominations Committee | 214,005 | 3,767,812 | 0 | — | 0 | 3,981,817 |
| Michael FarelloIndependent · Audit · Compensation, Corporate Governance and Nominations Committee | 219,213 | 255,562 | 0 | — | 0 | 474,775 |
| Arnaud MassenetIndependent · Audit · Compensation, Corporate Governance and Nominations Committee (Chair) | 215,225 | 255,562 | 0 | — | 0 | 470,787 |
| Bhaskar MenonIndependent · Lead Independent Director · Audit (Chair) · Compensation, Corporate Governance and Nominations Committee · Newly elected | 82,959 | 316,755 | 0 | — | 0 | 399,714 |
| David BarseIndependent · Compensation, Corporate Governance and Nominations Committee · Newly elected | 65,425 | 249,614 | 0 | — | 0 | 315,039 |
| Steven SarracinoIndependent · Not standing for re-election · Departed during FY | 165,062 | 0 | 0 | — | 0 | 165,062 |
| Riaz ValaniIndependent · Not standing for re-election · Departed during FY | 0 | 0 | 0 | — | 0 | — |
Board fee structure and ownership guideline
| Annual cash retainer | $150,000 |
|---|---|
| Annual equity retainer | $150,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 50,000 / 30,000 / 30,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,398,922 |
| Equity awards (grant-date value) | $8,963,408 |
| All other compensation | $0 |
| Total cost of the board | $10,362,330 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Better Home & Finance as a peer
Companies that benchmark against BETR
No companies currently name BETR as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Better Home & Finance Holding Co | 2025 | Vishal Garg | $450,000 | $20,638,706 | $0 | $0 | $26,689,276 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-09-30 | — | — | — | — | — |
| 2025 | 2025-06-10 | — | — | — | — | — |
| 2024 | 2024-06-04 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-09-30 | —a |
| 2025 | 2025-06-10 | —b |
| 2024 | 2024-06-04 | —c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Paula Tuffin | General Counsel and CCO | 2026-10-19 | D | 1,225 | $10 | $12,838 | Common | Form 4 ↗ |
| J. Calamari Nicholas | Director | 2026-10-19 | D | 1,320 | 11 | 13,900 | Common | Form 4 ↗ |
| Jonsson Sigurgeir Orn | Chief Technology Officer | 2026-11-01 | A | 3,906 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jonsson Sigurgeir Orn | Chief Technology Officer | 2026-11-01 | A | 3,906 | 0 | 0 | Common | Form 4 ↗ |
| Paula Tuffin | General Counsel and CCO | 2026-11-02 | A | 1,190 | 0 | 0 | Common | Form 4 ↗ |
| J. Calamari Nicholas | Director | 2026-11-02 | A | 1,190 | 0 | 0 | Common | Form 4 ↗ |
| Vishal Garg | Director | 2026-11-02 | A | 1,190 | 0 | 0 | Common | Form 4 ↗ |
| Vishal Garg | Director | 2026-11-02 | D | 659 | 21 | 13,846 | Common | Form 4 ↗ |
| Jonsson Sigurgeir Orn | Chief Technology Officer | 2026-11-05 | D | 2,210 | 19 | 41,857 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (26 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Vishal Garg. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table” · page 19. As printed: 26,689,276. View filing ↗
- Section 01, Paula Tuffin. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table”. As printed: 5,258,026. View filing ↗
- Section 01, Chad Smith. DEF 14A, filed 2026-04-30. Section “Summary Compensation Table”. As printed: 5,012,624. View filing ↗
- Section 08, Harit Talwar. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 4,555,136. View filing ↗
- Section 08, Prabhu Narasimhan. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 3,981,817. View filing ↗
- Section 08, Michael Farello. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 474,775. View filing ↗
- Section 08, Arnaud Massenet. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 470,787. View filing ↗
- Section 08, Bhaskar Menon. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 399,714. View filing ↗
- Section 08, David Barse. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 315,039. View filing ↗
- Section 08, Steven Sarracino. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: 165,062. View filing ↗
- Section 08, Riaz Valani. DEF 14A, filed 2026-04-30. Section “Director Compensation”. As printed: —. View filing ↗
- Section 02, Paula Tuffin 2026-10-19. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, J. Calamari Nicholas 2026-10-19. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jonsson Sigurgeir Orn 2026-11-01. Form 4, filed 2026-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jonsson Sigurgeir Orn 2026-11-01. Form 4, filed 2026-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Paula Tuffin 2026-11-02. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, J. Calamari Nicholas 2026-11-02. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Vishal Garg 2026-11-02. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Vishal Garg 2026-11-02. Form 4, filed 2026-11-09. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jonsson Sigurgeir Orn 2026-11-05. Form 4, filed 2026-11-06. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-10-06. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-16. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-06. Item 5.07 · say-on-pay result. As reported: — (votes for as printed: 886,237,208). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 1,398,922 + equity 8,963,408 + all other 0 = 10,362,330, summed across the director compensation table rows.
- Better Home & Finance Holding Co (subject), Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Better Home & Finance Holding Co's own proxy. As printed: 26,689,276. View filing ↗