Form 4: Better Home & Finance Holding Co: Officer Nicholas Calamari Reports Transaction Involving Class B Common Stock and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


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

Summary

  • On August 1, 2024, Nicholas J. Calamari, CAO and Senior Counsel of Better Home & Finance Holding Co, reported transactions involving the company's Class B Common Stock and Restricted Stock Units.
  • These transactions include the conversion of 31,837 Class B Common Stock into Class A Common Stock, and the vesting of 31,837 Restricted Stock Units.
  • Calamari also reported a disposition of 12,834 Class B Common Stock.
  • Following these transactions, Calamari directly owns 6,882,609 shares of Class B Common Stock.
  • Calamari also has indirect ownership through the Nicholas J. Calamari Family Trust and the Anika G Austin Descendants Trust, each holding 1,222,903 shares of Class B Common Stock.
  • He also directly owns 382,145 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions and doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company officers.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It assures stakeholders that company leadership is adhering to regulatory requirements.

Key Dates

DateDescription
10/01/2022Restricted stock units were granted.
08/22/2023Liquidity-based criteria for restricted stock units was satisfied upon consummation of the business combination.
08/01/2024Date of transactions involving Class B Common Stock and Restricted Stock Units.
08/02/2024Date of signature for the Form 4 filing.
08/01/2025Restricted stock units will be fully vested.

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