BETRW: Board Appointments and Director Retainers Announced ($25K Audit Chair)

Better Home & Finance Holding Company amended its prior current report to disclose committee assignments and related director compensation.

Rhea-AI Filing Summary

Better Home & Finance Holding Company amended its prior current report to disclose committee assignments and related director compensation. On August 29, 2025 the board appointed David Barse to the Corporate Governance and Nominations Committee and appointed Bhaskar Menon as Chair of the Audit Committee and as a member of the Compensation Committee. The filing states the company will pay Mr. Barse an additional $7,500 annual cash retainer and $7,500 in RSUs for Nominations Committee service, and Mr. Menon an additional $25,000 annual cash retainer and $25,000 in RSUs as Audit Committee Chair plus $7,500 cash and $7,500 in RSUs for Compensation Committee service.

Positive

• Board roles formally documented with appointment dates and committee assignments disclosed
• Compensation amounts disclosed precisely (cash and RSU values) increasing transparency for investors

Negative

• Incremental director compensation will increase governance-related expenses by the disclosed amounts

Insights

Corporate Governance Expert

TL;DR: Board assigned committee roles and disclosed specific additional cash and equity retainers for new directors.

The amendment clarifies governance roles and quantifies incremental director compensation tied to committee service. Disclosure of exact annual cash retainers and matching RSU values increases transparency for investors assessing governance costs. The changes are routine and procedural; they do not indicate other material corporate actions or changes to executive management or strategy.

Securities Analyst

TL;DR: Committee appointments documented with explicit compensation, likely immaterial to financial performance.

The filing provides precise figures: $7,500 (cash) + $7,500 (RSUs) for Nominations Committee membership; $25,000 (cash) + $25,000 (RSUs) for Audit Chair; and $7,500 (cash) + $7,500 (RSUs) for Compensation Committee membership. These amounts represent director-level retainers and are disclosed as additions to earlier reported compensation. From a securities perspective, the disclosure fulfills reporting obligations and signals governance housekeeping rather than a material corporate development.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

FAQ

What committee appointments were disclosed for BETRW?

The filing reports David Barse was appointed to the Corporate Governance and Nominations Committee and Bhaskar Menon was appointed Audit Committee Chair and to the Compensation Committee.

How much additional cash compensation will David Barse receive?

Mr. Barse will receive an additional $7,500 annual cash retainer for service on the Nominations Committee.

What is Bhaskar Menon’s additional compensation for his committee roles?

Mr. Menon will receive an additional $25,000 annual cash retainer as Audit Committee Chair and an additional $7,500 annual cash retainer for Compensation Committee service.

Are equity awards part of the committee compensation for BETRW directors?

Yes. Each cash retainer is matched by an annual equity retainer in RSUs equal in fair market value to the cash amounts ($7,500 or $25,000 as applicable).

When did these committee appointments become effective?

The appointments became effective on August 29, 2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/05/2025 - 04:15 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

(Amendment No.1)

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 29, 2025 (July 30, 2025)

Better Home & Finance Holding Company

(Exact name of registrant as specified in its charter)

Delaware			001-40143			93-3029990
(State or other jurisdiction of incorporation or organization)			(Commission File Number)			(I.R.S. Employer Identification Number)

1 World Trade Center

285 Fulton St., 80th Floor Suite A

New York,

NY

10007

(Address of principal executive offices) (Zip Code)

(415) 523-8837

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, par value $0.0001 per share

BETR

The Nasdaq Stock Market LLC

Warrants to purchase shares of Class A common stock

BETRW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Better Home & Finance Holding Company (the “Company”) previously filed a Current Report on Form 8-K (the “Original Filing”) to report that, on July 30, 2025, the Company’s board of directors (the “Board”) elected each of David Barse and Bhaskar Menon as a director, effective August 1, 2025. At the time of the Original Filing, the Board had not made a determination regarding any committee assignments for Messrs. Barse and Menon.

The Company is filing this Amendment No. 1 to the Original Filing to report that, on August 29, 2025, the Board appointed (i) Mr. Barse as a member of the Board’s Corporate Governance and Nominations Committee (the “Nominations Committee”), and (ii) Mr. Menon as Chair of the Board’s Audit Committee (the “Audit Committee”) and as a member of the Board’s Compensation Committee (the “Compensation Committee”), effective immediately. In connection with these committee appointments, pursuant to the Company’s Director Compensation Policy, Messrs. Barse and Menon will receive the compensation described below, in addition to the compensation described in the Original Filing.

Mr. Barse will receive an additional $7,500 annual cash retainer and annual equity retainer in the form of restricted stock units (“RSUs”) with a fair market value of $7,500 for service on the Nominations Committee. Mr. Menon will receive (i) an additional $25,000 annual cash retainer and annual equity retainer in the form of RSUs with a fair market value of $25,000 for service as the Chair of the Audit Committee, and (ii) an additional $7,500 annual cash retainer and annual equity retainer in the form of RSUs with a fair market value of $7,500 for service on the Compensation Committee.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			BETTER HOME & FINANCE HOLDING COMPANY
Date: September 5, 2025			By:			/s/ Paula Tuffin
			Name:			Paula Tuffin
			Title:			General Counsel, Chief Compliance Officer and Corporate Secretary