Form 4: Better Home & Finance Holding Co: CFO Kevin J. Ryan Reports Stock Transactions
SEC Form 4 Filing
Chief Financial Officer Kevin J. Ryan reports transactions involving Class A and Class B Common Stock and Restricted Stock Units of Better Home & Finance Holding Co.
Summary
- On March 1, 2024, Kevin J. Ryan, the CFO of Better Home & Finance Holding Co, reported transactions involving the company's stock.
- These transactions included the conversion of 14,329 shares of Class B Common Stock into Class A Common Stock.
- Additionally, 5,639 shares of Class B Common Stock were disposed of at a price of $0.514.
- Ryan also reported owning 657,043 shares of Class A Common Stock and 651,404 shares of Class B Common Stock following these transactions.
- He also owns 114,623 Restricted Stock Units (Class B).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2022 | Restricted stock units were granted. |
| 08/22/2023 | Liquidity-based criteria for restricted stock units was satisfied upon consummation of the business combination. |
| 03/01/2024 | Date of transactions: conversion of Class B to Class A Common Stock and disposal of Class B Common Stock. |
| 03/05/2024 | Date of Form 4 filing. |
| 03/01/2026 | Restricted stock units will be fully vested. |
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