4/A: Better Home & Finance Holding Co: Amendment to Statement of Changes in Beneficial Ownership
SEC Filing
Steven Sarracino files an amended SEC Form 4/A to update beneficial ownership details related to Better Voyager Partners Company Limited.
Summary
- Steven Sarracino, a director and 10% owner of Better Home & Finance Holding Co, filed an amended Form 4/A with the SEC.
- The amendment updates the beneficial ownership details to include Better Voyager Partners Company Limited as a reporting person.
- This entity holds 72,206 shares of Class B Common Stock.
- Mr. Sarracino may be deemed to have voting and dispositive power over these shares due to his directorship of PAVF Holding Company Limited, the sole shareholder of Better Voyager Partners Company Limited.
- The original filing date was October 2, 2024, and the transaction date is September 30, 2024.
- The filing also details indirect ownership through various Activant-affiliated entities.
- Each share of Class B Common Stock is convertible into one share of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Activant-affiliated entity entered into a purchase agreement to acquire certain portfolio property, including Better Voyager Partners Company Limited. |
| 10/02/2024 | Date of Original Filed Form 4 |
| 10/16/2024 | Closing occurred on the purchase agreement, and Mr. Sarracino became a director of PAVF Holding Company Limited. |
| 10/25/2024 | Date of amended filing. |
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