Trust linked to BETR (NASDAQ: BETR) executive sells Class A stock

Q: What insider activity did BETR report for Chad M. Smith on this Form 4?

The Form 4 shows that Chad M. Smith , Pres & COO of Better Mortgage, reported two indirect sales of Class A common stock of Better Home & Finance Holding Co on 01/15/2026 , executed through a trust.

Q: How many BETR shares were sold in the reported insider transactions?

The filing reports sales of 4,880 shares of Class A common stock at a weighted average price of $36.5023 per share and 1,120 shares at a weighted average price of $37.58 per share.

Q: At what prices were the BETR shares sold in Chad M. Smiths Form 4 transactions?

For the 4,880-share sale, individual trades occurred between $36.09 and $36.92 per share. For the 1,120-share sale, trades ranged from $37.110 to $37.91 per share, with each sale reported at a weighted average price.

Q: Are the BETR shares in this Form 4 held directly by Chad M. Smith?

No. The Form 4 lists ownership as indirect , with the nature of ownership reported as "By Trust" for both transactions, indicating the shares are held through a trust associated with him.

Q: Does the Form 4 for BETR explain why weighted average prices are used?

Yes. The footnotes state that the reported prices are weighted average prices for shares sold in multiple transactions within the stated price ranges, and that detailed trade-level information is available on request.

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Better Home & Finance Holding Co officer reports indirect stock sales. Pres & COO of Better Mortgage, Chad M. Smith, reported two sales of Class A common stock on 01/15/2026, each effected indirectly through a trust. One sale covered 4,880 shares at a weighted average price of $36.5023 per share, with sale prices ranging from $36.09 to $36.92. A second sale covered 1,120 shares at a weighted average price of $37.58 per share, with trade prices between $37.110 and $37.91. Following these transactions, the Form 4 shows indirect beneficial ownership of 22,710 shares and 21,590 shares of Class A common stock held by a trust.

Insider Trade Summary

Net Seller: 6,000 shares ($220,221)

Net Sell 2 txns

Insider Smith Chad M.

Role Pres & COO, Better Mortgage

Sold 6,000 shs ($220K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	4,880	$36.5023	$178K
Sale	Class A Common Stock	1,120	$37.58	$42K

Holdings After Transaction: Class A Common Stock — 22,710 shares (Indirect, By Trust)

Footnotes (1)

The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $36.09 to $36.92 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. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $37.110 to $37.91 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.

Form 4 Insider Transactions: What Each Field Means →

01/20/2026 - 05:03 PM

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^*

Smith Chad M.

(Last)

(First)

(Middle)

C/O BETTER HOME & FINANCE HOLDING CO

1 WORLD TRADE CENTER, 80TH FLOOR SUITE A

(Street)

NEW YORK

10013

(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)
	Pres & COO, Better Mortgage

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	01/15/2026		S		4,880	D	$36.5023⁽¹⁾	22,710	I	By Trust
Class A Common Stock	01/15/2026		S		1,120	D	$37.58⁽²⁾	21,590	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $36.09 to $36.92 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.

2. The price reported in Column 4 is a weighted average price for shares sold in multiple transactions. The sale prices range from $37.110 to $37.91 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.

Remarks:

	/s/ Andrew Holt, Attorney-in-Fact	01/20/2026
	** 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: View Original Filing on SEC EDGAR

FAQ

What insider activity did BETR report for Chad M. Smith on this Form 4?

The Form 4 shows that Chad M. Smith, Pres & COO of Better Mortgage, reported two indirect sales of Class A common stock of Better Home & Finance Holding Co on 01/15/2026, executed through a trust.

How many BETR shares were sold in the reported insider transactions?

The filing reports sales of 4,880 shares of Class A common stock at a weighted average price of $36.5023 per share and 1,120 shares at a weighted average price of $37.58 per share.

At what prices were the BETR shares sold in Chad M. Smiths Form 4 transactions?

For the 4,880-share sale, individual trades occurred between $36.09 and $36.92 per share. For the 1,120-share sale, trades ranged from $37.110 to $37.91 per share, with each sale reported at a weighted average price.

Are the BETR shares in this Form 4 held directly by Chad M. Smith?

No. The Form 4 lists ownership as indirect, with the nature of ownership reported as "By Trust" for both transactions, indicating the shares are held through a trust associated with him.

How many BETR shares does Chad M. Smith report owning after these transactions?

After the reported sales, the filing shows indirect beneficial ownership of 22,710 shares of Class A common stock following one sale and 21,590 shares following the other, each reported as held by a trust.

Does the Form 4 for BETR explain why weighted average prices are used?

Yes. The footnotes state that the reported prices are weighted average prices for shares sold in multiple transactions within the stated price ranges, and that detailed trade-level information is available on request.