Form 4 for BETR Better Home & Finance Holding Co
Accepted 2025-09-03 00:00:00 ET · period of report 2025-09-01 · accession 0001069544-25-000007 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-09-03 | 2025-09-01 | BETR | RYAN KEVIN J | CFO | F - Tax | $22.63 | -1,902 | 54.7K | -3% | -$43.0K |
| D | 2025-09-03 | 2025-09-01 | BETR | RYAN KEVIN J | CFO | M - OptEx | $0.00 | +4,833 | 56.6K | +9% | $0 |
| DM | 2025-09-03 | 2025-09-01 | BETR | RYAN KEVIN J | CFO | M - OptEx | $0.00 | -4,833 | 33.8K | -12% | $0 |
| D | 2025-09-03 | 2025-09-01 | BETR | RYAN KEVIN J | CFO | F - Tax | $22.63 | -113 | 14.2K | -0.8% | -$2,557 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2025-09-01 | F | D | 1,902 | $22.63 | 54,668 | D | — | — | |
| 2 | Common | Class A Common Stock | 2025-09-01 | M | A | 4,833 | $0.00 | 56,570 | D | — | — | |
| 3 | Derivative | Restricted Stock Units (Class B) | 2025-09-01 | M | D | 286 | $0.00 | 574 | D | — · — to — | 286 Class B Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class B Common Stock. (F2) The restricted stock units were granted on March 1, 2022 and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, 14/48ths of the restricted stock units became vested on the grant date and the remaining restricted stock units will vest in equal 1/48ths of the restricted stock units on the first business day of each month such that the restricted stock units will be fully vested as of July 1, 2025. The liquidity-based criteria was satisfied upon the consummation of the Business Combination. |
| 4 | Derivative | Class B Common Stock | 2025-09-01 | M | A | 286 | $0.00 | 14,296 | D | — · — to — | 286 Class A Common Stock | (F3) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder. |
| 5 | Derivative | Class B Common Stock | 2025-09-01 | F | D | 113 | $22.63 | 14,183 | D | — · — to — | 113 Class A Common Stock | (F3) Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuer's amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Better's founder. |
| 6 | Derivative | Restricted Stock Units (Class A) | 2025-09-01 | M | D | 4,833 | $0.00 | 33,834 | D | — · — to — | 4,833 Class A Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock. (F5) 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. |