Form 4: Better Home & Finance Holding Co: Officer Nicholas Calamari Reports Transaction Involving Class B Common Stock and Restricted Stock Units
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
| Date | Description |
|---|---|
| 10/01/2022 | Restricted stock units were granted. |
| 08/22/2023 | Liquidity-based criteria for restricted stock units was satisfied upon consummation of the business combination. |
| 08/01/2024 | Date of transactions involving Class B Common Stock and Restricted Stock Units. |
| 08/02/2024 | Date of signature for the Form 4 filing. |
| 08/01/2025 | Restricted stock units will be fully vested. |
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