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

Rhea-AI Filing Summary

Chad M. Smith, President & COO of Better Mortgage, reported equity activity in Better Home & Finance Holding Co (Class A common stock) on 09/01/2025. He was granted 4,833 restricted stock units (each converting to one share) with no purchase price and a specified vesting schedule: 3/12ths vested on July 1, 2025; 8/12ths in equal monthly installments from August 1, 2025 through March 1, 2026; and the final 1/12th on March 15, 2026. The filing also shows a disposition of 2,455 shares on 09/01/2025 at a price of $22.63 per share. Following the transactions, the report lists beneficial ownership positions of 31,827 shares, 29,372 shares, and a combined derivative-derived total of 33,834 shares in various table lines as direct ownership.

Positive

• Time-based restricted stock units granted (4,833 RSUs) align executive compensation with future service via a clear vesting schedule
• Transaction details disclosed including price ($22.63) and amounts for transparency

Negative

• None.

Insights

Securities Analyst

TL;DR: Insider received equity compensation and sold a portion of shares the same day; vesting schedule is time-based through March 2026.

The reporting person, an executive officer, received 4,833 restricted stock units that convert one-for-one to Class A common shares and carry a multi-month vesting schedule. Concurrently, 2,455 shares were disposed of at $22.63 each. The transactions are routine officer compensation and personal disposition activity documented on a Form 4, with the filing executed by an attorney-in-fact.

Corporate Governance Expert

TL;DR: This is a standard executive equity grant with defined vesting and a contemporaneous sale; no governance red flags apparent in the filing.

The grant is described as restricted stock units with explicit vesting tranches, indicating time-based incentives rather than immediate transfer. The sale of 2,455 shares at $22.63 is disclosed alongside the grant. Signature by an attorney-in-fact is included, and the Form 4 is properly completed with ownership figures reported.

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 NY 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)
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	31,827	D
Class A Common Stock	09/01/2025		F		2,455	D	$22.63	29,372	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 A)	(1)	09/01/2025		M			4,833	(2)	(2)	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 Class A Common Stock.

2. 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.

FAQ

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

He reported a grant of 4,833 restricted stock units and a sale/disposition of 2,455 shares on 09/01/2025 at $22.63 per share.

How do the restricted stock units vest for the 4,833 RSUs?

Vesting: 3/12 on July 1, 2025; 8/12 in equal monthly installments from August 1, 2025 through March 1, 2026; and the remaining 1/12 on March 15, 2026.

What is Chad M. Smith's role at the issuer?

The filing identifies him as President & COO, Better Mortgage and an officer of Better Home & Finance Holding Co.

Who signed the Form 4 filing?

The form was signed by Andrew Holt, Attorney-in-Fact on 09/03/2025.

What were the beneficial ownership totals reported after the transactions?

The Form 4 shows reported beneficial ownership figures of 31,827, 29,372, and a derivative-related total of 33,834 shares in the tables.