Form 4: Better Home & Finance Holding Co: General Counsel Reports Stock Transactions

Paula Tuffin, General Counsel and CCO 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

• Paula Tuffin, the General Counsel and CCO of Better Home & Finance Holding Co, filed a Form 4 detailing changes in beneficial ownership.
• On November 1, 2024, Tuffin converted 636 shares of Class B Common Stock into Class A Common Stock.
• Also on November 1, 2024, 193 shares of Class B Common Stock were disposed of.
• The reported transactions leave Tuffin with 21,575 shares of Class A Common Stock and 21,382 shares of Class B Common Stock.
• Tuffin also holds 6,370 Restricted Stock Units (Class B).
• The restricted stock units were granted on October 1, 2022, and vest subject to timeand liquidity-based criteria.
• The liquidity-based criteria was satisfied on August 22, 2023.
• 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 continued employment.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

• The transactions may provide insights into management's perspective on the company's stock value.

Key Dates