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

Rhea-AI Filing Summary

Nicholas J. Calamari, CAO and Senior Counsel at Better Home & Finance Holding Co (ticker BETR), reported changes in his beneficial ownership on Form 4. He was granted 3,167 restricted stock units (RSUs) that convert to Class A common shares with no cash price, increasing his total beneficial holdings to 10,728 shares immediately after the grant. He also disposed of 1,277 Class A shares at $22.63 per share, leaving him with 9,451 shares following the transactions. The RSUs vest over a schedule: 3/12 on July 1, 2025; 8/12 in equal monthly installments from August 1, 2025 through March 1, 2026; and the final 1/12 on March 15, 2026. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• 3,167 restricted stock units granted to the officer, aligning pay with continued service
• Clear vesting schedule provided through March 15, 2026, improving transparency
• Timely disclosure via Form 4 signed and filed, meeting Section 16 reporting requirements

Negative

• Disposition of 1,277 shares at $22.63 reduced direct holdings to 9,451 shares
• Potential dilution when RSUs convert to 3,167 Class A shares, increasing share count

Insights

Securities Analyst

TL;DR: Insider received time‑based RSUs and sold a modest number of shares at $22.63, producing a small net dilution of direct holdings.

The grant of 3,167 restricted stock units is a standard compensation event for an officer and is dilutive only when RSUs convert to shares; the vesting schedule is time‑based through March 2026 which aligns incentives with continued employment. The contemporaneous sale of 1,277 shares at $22.63 reduced direct holdings to 9,451 shares, representing a partial liquidity action but not a full exit. These transactions appear routine for executive compensation and personal liquidity management and do not indicate material change to control or ownership.

Corporate Governance Expert

TL;DR: Compensation grant follows normal vesting cadence; sale is limited and disclosed properly under Section 16 rules.

The RSU award with explicit vesting milestones is consistent with retention-focused compensation practices. Disclosure on Form 4 shows timely reporting and itemization of each class of transaction. There is no indication of unusual acceleration, related‑party transfer, or a 10% owner event. From a governance perspective these filings reflect routine officer compensation and personal share disposition with clear vesting dates and amounts.

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^*

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)
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		3,167	A	$0	10,728	D
Class A Common Stock	09/01/2025		F		1,277	D	$22.63	9,451	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			3,167	(2)	(2)	Class A Common Stock	3,167	$0	22,167	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 the Form 4 for BETR (BETRW) report?

The Form 4 reported a grant of 3,167 restricted stock units and a sale of 1,277 Class A shares at $22.63 per share.

How many shares does Nicholas J. Calamari own after these transactions?

He beneficially owns 9,451 Class A shares following the reported transactions.

When do the granted RSUs vest?

Vesting: 3/12 on July 1, 2025; 8/12 monthly from August 1, 2025 to March 1, 2026; final 1/12 on March 15, 2026.

At what price were the disposed shares sold?

The 1,277 shares were disposed of at $22.63 per share.

Do these transactions indicate a change in control of BETR?

No. The filing shows routine officer compensation and a limited share sale; there is no indication of a change in control.