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[Form 4] Better Home & Finance Holding Company Warrant Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Better Home & Finance Holding Co (BETR) reporting officer Kevin J. Ryan disclosed multiple equity transactions on 09/01/2025. He received 4,833 Class A restricted stock units and 286 Class B restricted stock units that convert to Class A shares, plus an additional 4,833 Class A restricted stock units, bringing his Class A beneficial ownership to 33,834 shares and Class B beneficial ownership to 574 shares after the transactions. The filing also shows a sale of 1,902 Class A shares at $22.63 each, reducing his Class A holdings to 54,668 shares in one reported line and to 14,183/14,296 in derivative-related lines as reported. Restricted stock units have specified vesting schedules and conversion terms; some units were granted in 2022 and vest based on time and liquidity conditions.

Better Home & Finance Holding Co (BETR) - l'operatore segnalante Kevin J. Ryan ha comunicato il 01/09/2025 pi霉 operazioni su partecipazioni azionarie. Ha ricevuto 4.833 unit脿 di azioni vincolate di Classe A e 286 unit脿 di Classe B convertibili in azioni di Classe A, oltre ad ulteriori 4.833 unit脿 di Classe A vincolate, portando la sua partecipazione beneficiaria in Classe A a 33.834 azioni e in Classe B a 574 azioni dopo le operazioni. La comunicazione riporta anche la vendita di 1.902 azioni di Classe A a $22,63 ciascuna, che ha ridotto le sue detenute in Classe A a 54.668 azioni in una voce della segnalazione e a 14.183/14.296 in voci correlate a strumenti derivati, come indicato. Le unit脿 di azioni vincolate prevedono piani di maturazione e condizioni di conversione; alcune sono state assegnate nel 2022 e maturano in base al tempo e a condizioni di liquidit脿.

Better Home & Finance Holding Co (BETR): el responsable de la presentaci贸n, Kevin J. Ryan, revel贸 varias transacciones de acciones el 01/09/2025. Recibi贸 4.833 unidades restringidas de acciones Clase A y 286 unidades de Clase B convertibles en acciones Clase A, adem谩s de otras 4.833 unidades restringidas de Clase A, elevando su propiedad beneficiaria en Clase A a 33.834 acciones y en Clase B a 574 acciones tras las transacciones. La presentaci贸n tambi茅n muestra la venta de 1.902 acciones Clase A a $22,63 cada una, reduciendo sus tenencias de Clase A a 54.668 acciones en una l铆nea reportada y a 14.183/14.296 en l铆neas relacionadas con derivados, seg煤n consta. Las unidades restringidas tienen calendarios de adquisici贸n y condiciones de conversi贸n; algunas se concedieron en 2022 y se adquieren seg煤n tiempo y condiciones de liquidez.

Better Home & Finance Holding Co (BETR)鞚� 氤搓碃 毂呾瀯鞛� Kevin J. Ryan鞚� 2025-09-01鞐� 鞐煬 欤检嫕 瓯半灅毳� 瓿奠嫓頄堨姷雼堧嫟. 攴鸽姅 4,833臧滌潣 Class A 鞝滍暅 欤检嫕 雼渼鞕� Class A搿� 鞝勴櫂 臧�電ロ暅 286臧滌潣 Class B 鞝滍暅 欤检嫕 雼渼毳� 氚涭晿瓿�, 於旉皜搿� 4,833臧滌潣 Class A 鞝滍暅 欤检嫕 雼渼毳� 雿� 氚涭晞 瓯半灅 頉� Class A 鞁れ唽鞙犼皜 33,834欤�, Class B 鞁れ唽鞙犼皜 574欤缄皜 霅橃棃鞀惦媹雼�. 鞝滌稖靹滌棎電� 霕愴暅 Class A 欤检嫕 1,902欤茧ゼ 欤茧嫻 $22.63鞐� 毵る弰頃� 雮挫毄鞚� 韽暔霅橃柎 鞛堨溂氅�, 鞚措 鞚疙暣 氤搓碃霅� 頃� 頃鞐愳劀電� Class A 氤挫湢臧� 54,668欤茧, 韺岇儩靸來拡 甏�霠� 頃鞐愳劀電� 14,183/14,296鞙茧 臧愳唽頄堨姷雼堧嫟. 鞝滍暅 欤检嫕 雼渼電� 鞝曧暣歆� 臧�靻嵚讽檿鞝� 鞚检爼瓿� 鞝勴櫂 臁瓣贝鞚� 鞛堨溂氅�, 鞚茧秬 雼渼電� 2022雲勳棎 攵�鞐悩鞏� 鞁滉皠 瓴疥臣 氚� 鞙犽彊靹� 臁瓣贝鞐� 霐半澕 甓岆Μ臧� 氚滌儩頃╇媹雼�.

Better Home & Finance Holding Co (BETR) : le d茅clarant Kevin J. Ryan a r茅v茅l茅 plusieurs op茅rations sur titres en date du 01/09/2025. Il a re莽u 4 833 unit茅s d'actions restreintes de classe A et 286 unit茅s de classe B convertibles en actions de classe A, ainsi que 4 833 unit茅s suppl茅mentaires de classe A restreintes, portant sa d茅tention b茅n茅ficiaire en classe A 脿 33 834 actions et en classe B 脿 574 actions apr猫s les op茅rations. Le d茅p么t indique 茅galement la vente de 1 902 actions de classe A au prix de $22,63 chacune, r茅duisant ses avoirs en classe A 脿 54 668 actions dans une ligne d茅clar茅e et 脿 14 183/14 296 dans des lignes li茅es 脿 des produits d茅riv茅s, selon le rapport. Les unit茅s d'actions restreintes sont assorties de calendriers d'acquisition et de clauses de conversion ; certaines ont 茅t茅 attribu茅es en 2022 et acqui猫rent des droits en fonction du temps et de conditions de liquidit茅.

Better Home & Finance Holding Co (BETR) - Meldepflichtiger Kevin J. Ryan gab am 01.09.2025 mehrere Transaktionen mit Aktien an. Er erhielt 4.833 eingeschr盲nkte Stammaktien-Einheiten der Klasse A und 286 eingeschr盲nkte Einheiten der Klasse B, die in Klasse-A-Aktien umwandelbar sind, sowie weitere 4.833 eingeschr盲nkte Klasse-A-Einheiten. Dadurch belief sich sein wirtschaftlicher Besitz an Klasse-A-Aktien nach den Transaktionen auf 33.834 Aktien und an Klasse-B-Aktien auf 574 Aktien. Die Einreichung weist au脽erdem den Verkauf von 1.902 Klasse-A-Aktien zu je $22,63 aus, wodurch sein Klasse-A-Bestand in einer gemeldeten Zeile auf 54.668 Aktien sank und in derivatbezogenen Zeilen mit 14.183/14.296 angegeben ist. Restricted Stock Units unterliegen festgelegten Vesting- und Umwandlungsbedingungen; einige Einheiten wurden 2022 gew盲hrt und vesten nach Zeitl盲ufen und Liquidit盲tsbedingungen.

Positive
  • Vesting events increased the reporting person's beneficial ownership through granted restricted stock units
  • Clear disclosure of conversion mechanics for Class B to Class A shares and detailed vesting schedules
Negative
  • Insider sale of 1,902 Class A shares at $22.63 reduced holdings in that reported line

Insights

TL;DR: Insider received vested restricted stock units while executing a partial sale of Class A shares at $22.63, modestly altering reported beneficial ownership.

The filing documents time- and liquidity-conditioned vesting for restricted stock units granted March 1, 2022, and additional RSUs with staggered vesting through March 15, 2026. The reported transaction codes include M (related to award/vesting) and F (disposition in a cash sale) showing a sale of 1,902 Class A shares at $22.63. The net effect in reported lines shows increased beneficial holdings from vesting events and a contemporaneous disposal reducing certain Class A holdings. For investors, these are standard executive compensation and liquidity transactions rather than corporate events; they provide transparency on management equity alignment and partial monetization by the reporting officer.

TL;DR: Transaction mix reflects scheduled vesting and an executed sale; disclosure clarifies conversion rights and vesting mechanics for Class B/A shares.

The form clearly explains that each Class B share is convertible into one Class A share and lists conditions triggering automatic conversion. It also details vesting tranches, including prior grants with time- and liquidity-based conditions satisfied upon the business combination. The presence of attorney-in-fact signature indicates proper execution of the Form 4. These items are governance-relevant as they show when insider economic exposure changes due to vesting and conversions, but they are routine and do not indicate governance disputes or irregularities.

Better Home & Finance Holding Co (BETR) - l'operatore segnalante Kevin J. Ryan ha comunicato il 01/09/2025 pi霉 operazioni su partecipazioni azionarie. Ha ricevuto 4.833 unit脿 di azioni vincolate di Classe A e 286 unit脿 di Classe B convertibili in azioni di Classe A, oltre ad ulteriori 4.833 unit脿 di Classe A vincolate, portando la sua partecipazione beneficiaria in Classe A a 33.834 azioni e in Classe B a 574 azioni dopo le operazioni. La comunicazione riporta anche la vendita di 1.902 azioni di Classe A a $22,63 ciascuna, che ha ridotto le sue detenute in Classe A a 54.668 azioni in una voce della segnalazione e a 14.183/14.296 in voci correlate a strumenti derivati, come indicato. Le unit脿 di azioni vincolate prevedono piani di maturazione e condizioni di conversione; alcune sono state assegnate nel 2022 e maturano in base al tempo e a condizioni di liquidit脿.

Better Home & Finance Holding Co (BETR): el responsable de la presentaci贸n, Kevin J. Ryan, revel贸 varias transacciones de acciones el 01/09/2025. Recibi贸 4.833 unidades restringidas de acciones Clase A y 286 unidades de Clase B convertibles en acciones Clase A, adem谩s de otras 4.833 unidades restringidas de Clase A, elevando su propiedad beneficiaria en Clase A a 33.834 acciones y en Clase B a 574 acciones tras las transacciones. La presentaci贸n tambi茅n muestra la venta de 1.902 acciones Clase A a $22,63 cada una, reduciendo sus tenencias de Clase A a 54.668 acciones en una l铆nea reportada y a 14.183/14.296 en l铆neas relacionadas con derivados, seg煤n consta. Las unidades restringidas tienen calendarios de adquisici贸n y condiciones de conversi贸n; algunas se concedieron en 2022 y se adquieren seg煤n tiempo y condiciones de liquidez.

Better Home & Finance Holding Co (BETR)鞚� 氤搓碃 毂呾瀯鞛� Kevin J. Ryan鞚� 2025-09-01鞐� 鞐煬 欤检嫕 瓯半灅毳� 瓿奠嫓頄堨姷雼堧嫟. 攴鸽姅 4,833臧滌潣 Class A 鞝滍暅 欤检嫕 雼渼鞕� Class A搿� 鞝勴櫂 臧�電ロ暅 286臧滌潣 Class B 鞝滍暅 欤检嫕 雼渼毳� 氚涭晿瓿�, 於旉皜搿� 4,833臧滌潣 Class A 鞝滍暅 欤检嫕 雼渼毳� 雿� 氚涭晞 瓯半灅 頉� Class A 鞁れ唽鞙犼皜 33,834欤�, Class B 鞁れ唽鞙犼皜 574欤缄皜 霅橃棃鞀惦媹雼�. 鞝滌稖靹滌棎電� 霕愴暅 Class A 欤检嫕 1,902欤茧ゼ 欤茧嫻 $22.63鞐� 毵る弰頃� 雮挫毄鞚� 韽暔霅橃柎 鞛堨溂氅�, 鞚措 鞚疙暣 氤搓碃霅� 頃� 頃鞐愳劀電� Class A 氤挫湢臧� 54,668欤茧, 韺岇儩靸來拡 甏�霠� 頃鞐愳劀電� 14,183/14,296鞙茧 臧愳唽頄堨姷雼堧嫟. 鞝滍暅 欤检嫕 雼渼電� 鞝曧暣歆� 臧�靻嵚讽檿鞝� 鞚检爼瓿� 鞝勴櫂 臁瓣贝鞚� 鞛堨溂氅�, 鞚茧秬 雼渼電� 2022雲勳棎 攵�鞐悩鞏� 鞁滉皠 瓴疥臣 氚� 鞙犽彊靹� 臁瓣贝鞐� 霐半澕 甓岆Μ臧� 氚滌儩頃╇媹雼�.

Better Home & Finance Holding Co (BETR) : le d茅clarant Kevin J. Ryan a r茅v茅l茅 plusieurs op茅rations sur titres en date du 01/09/2025. Il a re莽u 4 833 unit茅s d'actions restreintes de classe A et 286 unit茅s de classe B convertibles en actions de classe A, ainsi que 4 833 unit茅s suppl茅mentaires de classe A restreintes, portant sa d茅tention b茅n茅ficiaire en classe A 脿 33 834 actions et en classe B 脿 574 actions apr猫s les op茅rations. Le d茅p么t indique 茅galement la vente de 1 902 actions de classe A au prix de $22,63 chacune, r茅duisant ses avoirs en classe A 脿 54 668 actions dans une ligne d茅clar茅e et 脿 14 183/14 296 dans des lignes li茅es 脿 des produits d茅riv茅s, selon le rapport. Les unit茅s d'actions restreintes sont assorties de calendriers d'acquisition et de clauses de conversion ; certaines ont 茅t茅 attribu茅es en 2022 et acqui猫rent des droits en fonction du temps et de conditions de liquidit茅.

Better Home & Finance Holding Co (BETR) - Meldepflichtiger Kevin J. Ryan gab am 01.09.2025 mehrere Transaktionen mit Aktien an. Er erhielt 4.833 eingeschr盲nkte Stammaktien-Einheiten der Klasse A und 286 eingeschr盲nkte Einheiten der Klasse B, die in Klasse-A-Aktien umwandelbar sind, sowie weitere 4.833 eingeschr盲nkte Klasse-A-Einheiten. Dadurch belief sich sein wirtschaftlicher Besitz an Klasse-A-Aktien nach den Transaktionen auf 33.834 Aktien und an Klasse-B-Aktien auf 574 Aktien. Die Einreichung weist au脽erdem den Verkauf von 1.902 Klasse-A-Aktien zu je $22,63 aus, wodurch sein Klasse-A-Bestand in einer gemeldeten Zeile auf 54.668 Aktien sank und in derivatbezogenen Zeilen mit 14.183/14.296 angegeben ist. Restricted Stock Units unterliegen festgelegten Vesting- und Umwandlungsbedingungen; einige Einheiten wurden 2022 gew盲hrt und vesten nach Zeitl盲ufen und Liquidit盲tsbedingungen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RYAN KEVIN J
(Last) (First) (Middle)
C/O BETTER HOME & FINANCE HOLDING CO
1 WORLD TRADE CENTER, 80TH FLOOR SUITE A
(Street)
NEW YORK NY 10007
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Better Home & Finance Holding Co [ BETR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 09/01/2025 M 4,833 A $0 56,570 D
Class A Common Stock 09/01/2025 F 1,902 D $22.63 54,668 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (Class B) (1) 09/01/2025 M 286 (2) (2) Class B Common Stock 286 $0 574 D
Class B Common Stock (3) 09/01/2025 M 286 (3) (3) Class A Common Stock 286 $0 14,296 D
Class B Common Stock (3) 09/01/2025 F 113 (3) (3) Class A Common Stock 113 $22.63 14,183 D
Restricted Stock Units (Class A) (4) 09/01/2025 M 4,833 (5) (5) Class A Common Stock 4,833 $0 33,834 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock.
2. The restricted stock units were granted on March 1, 2022 and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, 14/48ths of the restricted stock units became vested on the grant date and the remaining restricted stock units will vest in equal 1/48ths of the restricted stock units on the first business day of each month such that the restricted stock units will be fully vested as of July 1, 2025. The liquidity-based criteria was satisfied upon the consummation of the Business Combination.
3. Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder.
4. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
5. The restricted stock units will vest with respect to (i) 3/12ths of such restricted stock units on July 1, 2025, (ii) 8/12ths of such restricted stock units in equal monthly installments beginning on August 1, 2025 through March 1, 2026, and (iii) the remaining 1/12th of such restricted stock units on March 15, 2026.
Remarks:
/s/ Andrew Holt, Attorney-in-Fact 09/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

What transactions did Kevin J. Ryan report on Form 4 for BETR/BETRW?

The filing reports vesting/issuance of restricted stock units (4,833 Class A RSUs and 286 Class B RSUs among others) and a sale of 1,902 Class A shares at $22.63 on 09/01/2025.

How many shares does the reporting person beneficially own after the reported transactions?

The Form 4 shows beneficial ownership figures of 33,834 Class A shares and 574 Class B shares in the relevant reporting lines after the transactions.

What are the vesting terms disclosed for the restricted stock units?

Some RSUs granted March 1, 2022 vested 14/48ths at grant with the remainder vesting in equal monthly 1/48th installments through July 1, 2025; other RSUs vest in tranches with final vesting by March 15, 2026, as specified.

Can Class B shares convert to Class A shares and under what conditions?

Yes. Each Class B share is convertible into one Class A share at the holder's option and will convert automatically on certain events including transfers (subject to exceptions), if Class B falls below 5% of outstanding common stock, by 85% vote of Class B holders, or upon the founder's death or permanent disability.

Who signed the Form 4 and when was it filed?

The form is signed by Andrew Holt as Attorney-in-Fact on 09/03/2025 per the signature block.
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BETTER HOME & FINANCE HOLDING

NASDAQ:BETRW

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BETRW Latest News

Sep 4, 2025
$110MM Powerhouse Gustafson Team Joins NEO Home Loans Powered by Better, Citing Vision, Values, and Innovation
Aug 27, 2025
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Aug 25, 2025
Better.com President & COO Chad Smith Recognized in LA Times Studios鈥� 2025 Orange County Executive Leadership Awards
Aug 18, 2025
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Aug 7, 2025
Better Home & Finance Holding Company Announces Second Quarter 2025 Results

BETRW Latest SEC Filings

Sep 4, 2025
[144] Better Home & Finance Holding Company Warrant SEC Filing
Sep 3, 2025
[Form 4] Better Home & Finance Holding Company Warrant Insider Trading Activity
Sep 3, 2025
[Form 4] Better Home & Finance Holding Company Warrant Insider Trading Activity
Sep 3, 2025
[Form 4] Better Home & Finance Holding Company Warrant Insider Trading Activity
Sep 3, 2025
[Form 4] Better Home & Finance Holding Company Warrant Insider Trading Activity

BETRW Stock Data

15.19M
Mortgage Finance
Loan Brokers
United States
NEW YORK