Better Home & Finance Director Receives 11,327 RSUs (BETRW)

Rhea-AI Filing Summary

Michael J. Farello, a director of Better Home & Finance Holding Co. received 11,327 restricted stock units (RSUs) of Class A common stock in a reported acquisition dated 08/29/2025. Each RSU represents a contingent right to one share and will vest on the business day immediately preceding the issuer's next annual meeting of stockholders. Following the transaction Farello is reported to beneficially own 11,327 shares directly. The RSUs were recorded with a grant price of $0. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/02/2025. The filing indicates this is a routine equity award to an insider and does not disclose cash proceeds or exercises.

Positive

• 11,327 RSUs granted to Director Michael J. Farello, aligning his interests with shareholders
• Vesting tied to next annual meeting, which supports short-term retention and alignment

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director equity award aligning insider compensation with shareholder interests.

The Form 4 documents a standard grant of 11,327 RSUs to a company director, vesting at the time of the next annual meeting. As these RSUs convert one-for-one into Class A shares, they increase the director's direct alignment with shareholders without immediate dilution until vesting and settlement. The filing shows no dispositions or exercises and no disclosed cash consideration, consistent with compensation-based grants rather than market transactions. Impact is operational and governance-related rather than a material corporate event.

Compensation Analyst

TL;DR: Equity grant is compensation-driven; modest in scale and time-locked until next annual meeting.

The award of 11,327 RSUs at $0 indicates a compensation grant intended to retain or incentivize the director. Vesting on the business day before the next annual meeting creates a short-term time lock that ties continued service to equity delivery. Without disclosure of total outstanding shares or prior holdings, the grant's dilution and materiality cannot be assessed here. The transaction is typical for director pay practices and is unlikely to materially affect valuation on its own.

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^*

Farello Michael J.

(Last) (First) (Middle)

C/O BETTER HOME & FINANCE HOLDING CO

3 WORLD TRADE CENTER, 175 GREENWICH ST

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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

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 A)	(1)	08/29/2025		A		11,327		(2)	(2)	Class A Common Stock	11,327	$0	11,327	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.

2. The restricted stock units will vest on the business day immediately preceding the Issuer's next annual meeting of stockholders.

Remarks:

	/s/ Andrew Holt, Attorney-in-Fact	09/02/2025
	** 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

What did Michael J. Farello report on Form 4 for BETRW?

He reported receipt of 11,327 restricted stock units (RSUs) of Class A common stock on 08/29/2025.

When will the RSUs reported on BETRW Form 4 vest?

The RSUs will vest on the business day immediately preceding the issuer's next annual meeting of stockholders.

Does the Form 4 show cash proceeds from the transaction for BETRW?

No; the RSUs were recorded with a grant price of $0, indicating a compensation grant rather than a cash purchase.

How many shares does Farello beneficially own after the reported transaction?

The Form 4 reports 11,327 shares beneficially owned following the transaction.

Who signed the Form 4 filing for Michael J. Farello?

The filing was signed by /s/ Andrew Holt, Attorney-in-Fact on 09/02/2025.