Form 4: Better Home & Finance Holding Co: CAO Nicholas Calamari Reports Stock Transactions

Nicholas J. Calamari, CAO and Senior Counsel of Better Home & Finance Holding Co, reports transactions involving Class A and Class B Common Stock, including conversions and vesting of restricted stock units.

Summary

• On April 1, 2025, Nicholas J. Calamari, CAO and Senior Counsel of Better Home & Finance Holding Co, reported transactions involving the company's stock.
• Calamari converted 637 shares of Class B Common Stock into Class A Common Stock.
• He also disposed of 257 shares of Class B Common Stock at a price of $10.99.
• Following these transactions, Calamari directly owns 126,042 shares of Class A Common Stock and 2,551 Restricted Stock Units (Class B).
• Additionally, Calamari indirectly owns 24,458 shares of Class A Common Stock through the Nicholas J. Calamari Family Trust and another 24,458 shares through the Anika G Austin Descendants Trust.
• The reported transactions also involve the vesting of 637 Restricted Stock Units (Class B).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Future Outlook

The remaining restricted stock units will vest in equal 1/48ths on the first business day of each month such that the restricted stock units will be fully vested as of August 1, 2025, subject to the Reporting Person's continued employment.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It allows investors to monitor the actions of key personnel and their alignment with the company's performance.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information disclosed is consistent with SEC regulations and reporting requirements.
• Comparable companies in the financial or real estate technology sectors would have similar insider transaction reporting.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• The vesting of restricted stock units incentivizes the reporting person to remain with the company.

Key Dates

Keywords

Form 4, insider trading, Nicholas J. Calamari, Better Home & Finance Holding Co, BETR, Class A Common Stock, Class B Common Stock, Restricted Stock Units, beneficial ownership, conversion, disposal