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

Rhea-AI Filing Summary

Nicholas J. Calamari, Chief Accounting Officer and Senior Counsel of Better Home & Finance Holding Co (BETR), reported multiple equity transactions on 10/06/2025. The filing shows the conversion of Class B shares into Class A shares (2,445, 2,445 and 12,528 shares) and contemporaneous purchases of Class A common stock for $0 each as part of the conversion. The report also lists a series of sales executed in several tranches with weighted-average prices reported across ranges from $57.11 to $62.70. Following the reported transactions, the filing records 11,341 Class A shares held directly.

The filer discloses indirect holdings through two family trusts and explains the trustee relationships and disclaimers of beneficial ownership. The Form 4 includes weighted-average sale prices and offers to provide separate breakdowns of individual trade prices on request.

Positive

• Conversion of Class B into Class A increases freely tradable Class A shares by 17,418
• Sales executed at weighted-average prices within a known range ($57.11–$62.70), providing clear price disclosure

Negative

• Net reduction in direct Class A holdings to 11,341, indicating significant dispositions on 10/06/2025
• Multiple trust-held positions create indirect ownership that may complicate immediate voting/dispersion clarity

Insights

Insider Transactions Analyst

Insider converted Class B to Class A and sold multiple tranches at ~$57–$62.7.

The filing documents the conversion of 17,418 Class B shares into Class A (2,445 + 2,445 + 12,528) and shows concurrent sales in several tranches on 10/06/2025. Sales list weighted-average prices with disclosed ranges from $57.11 to $62.70, and the reporting person retains 11,341 Class A shares directly after the transactions.

Key dependencies include the trust arrangements that create indirect holdings and the voluntary disclosure of per-trade prices upon request. Watch short-term share count changes and any further Section 16 filings within the next few trading days for trade-level detail.

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).

X

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^*

Nicholas J. Calamari

(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)
	CAO and Senior Counsel

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

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	10/06/2025		C		2,445	A	$0	2,445	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		C		2,445	A	$0	2,445	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		C		12,528	A	$0	23,869	D
Class A Common Stock	10/06/2025		S		666	D	$57.5849(3)	1,779	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		S		323	D	$57.8272(4)	1,456	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		S		757	D	$59.9895(5)	699	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		S		469	D	$60.6883(6)	230	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		S		230	D	$61.0399(7)	0	I	By the Anika G Austin Descendants Trust(1)
Class A Common Stock	10/06/2025		S		666	D	$57.5849(3)	1,779	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		S		323	D	$57.8272(4)	1,456	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		S		757	D	$59.9895(5)	699	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		S		469	D	$60.6883(6)	230	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		S		230	D	$61.0399(7)	0	I	By the Nicholas J. Calamari Family Trust(2)
Class A Common Stock	10/06/2025		S		3,411	D	$57.5849(3)	20,458	D
Class A Common Stock	10/06/2025		S		1,654	D	$57.8272(4)	18,804	D
Class A Common Stock	10/06/2025		S		3,881	D	$59.9895(5)	14,923	D
Class A Common Stock	10/06/2025		S		2,405	D	$60.6883(6)	12,518	D
Class A Common Stock	10/06/2025		S		1,177	D	$61.0399(7)	11,341	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
Class B Common Stock	(8)	10/06/2025		C			2,445	(8)	(8)	Class A Common Stock	2,445	$0	19,567	I	By the Anika G Austin Descendants Trust(1)
Class B Common Stock	(8)	10/06/2025		C			2,445	(8)	(8)	Class A Common Stock	2,445	$0	19,567	I	By the Nicholas J. Calamari Family Trust(2)
Class B Common Stock	(8)	10/06/2025		C			12,528	(8)	(8)	Class A Common Stock	12,528	$0	102,505	D

Explanation of Responses:

1. The Reporting Person is the spouse of the beneficiary of the Anika G Austin Descendants Trust, of which the Reporting Person serves as the trustee for the benefit of the Reporting Person's spouse and their children. Therefore, the Reporting Person may be deemed to have voting power and dispositive power over the shares held by the Anika G Austin Descendants Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

2. The Reporting Person is the controlling party of the Nicholas J. Calamari Family Trust, of which the Reporting Person's spouse serves as the trustee for the benefit of the Reporting Person and their children. Therefore, the Reporting Person may be deemed to have voting power and dispositive power over the shares held by the Nicholas J. Calamari Family Trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.

3. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $57.11 to $57.98 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

4. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $58.205 to $58.75 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

5. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $59.27 to $60.27 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

6. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $60.3013 to $61.25 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

7. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $61.37 to $62.70 per share. The reporting person has provided to the issuer, and undertakes to provide to the staff of the Securities and Exchange Commission or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range.

8. 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.

Remarks:

	/s/ Andrew Holt, Attorney-in-Fact	10/08/2025
	** 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.

FAQ

How many shares did BETR insider Nicholas J. Calamari convert on 10/06/2025?

The filing shows conversion of Class B to Class A totaling 17,418 shares (2,445 + 2,445 + 12,528) on 10/06/2025.

What sale prices are reported for the BETR sales on 10/06/2025?

Weighted-average sale prices are reported with ranges from $57.11 to $62.70; the filer will provide per-trade breakdowns on request.

How many Class A shares does Nicholas J. Calamari hold after these transactions?

The Form 4 records 11,341 Class A shares held directly following the reported transactions.

Are any holdings held indirectly through trusts?

Yes. Shares are reported indirectly via the Anika G Austin Descendants Trust and the Nicholas J. Calamari Family Trust, with trustee relationships disclosed and ownership disclaimers included.

Were purchases recorded in this Form 4?

The filing shows acquisitions coded as conversions to Class A (reported with $0 price for the converted shares) rather than market purchases.