Paula Tuffin - May 28, 2025 Form 4 Insider Report for Better Home & Finance Holding Co (BETR)

Signature
/s/ Andrew Holt, Attorney-in-Fact
Stock symbol
BETR
Transactions as of
May 28, 2025
Transactions value $
-$63,127
Form type
4
Date filed
8/5/2025, 07:51 PM
Previous filing
May 5, 2025
Next filing
Jun 2, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tuffin Paula General Counsel and CCO C/O BETTER HOME & FINANCE HOLDING CO, 1 WORLD TRADE CENTER, 80TH FLOOR SUITE A, NEW YORK /s/ Andrew Holt, Attorney-in-Fact 2025-08-05 0001989210

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BETR Class A Common Stock Options Exercise $0 +9.5K +573.33% $0.00 11.2K Jul 1, 2025 Direct F1
transaction BETR Class A Common Stock Tax liability -$42.9K -3.44K -30.79% $12.48 7.72K Jul 1, 2025 Direct
transaction BETR Class A Common Stock Options Exercise $0 +3.17K +41% $0.00 10.9K Aug 1, 2025 Direct
transaction BETR Class A Common Stock Tax liability -$15.3K -1.15K -10.52% $13.35 9.74K Aug 1, 2025 Direct
holding BETR Class A Common Stock 16.4K May 28, 2025 By Technology Stock Holding Master Trust/Series Tuffin 2021 Trust F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BETR Restricted Stock Units (Class A) Award $0 +38K $0.00 38K May 28, 2025 Class A Common Stock 38K Direct F2, F3
transaction BETR Restricted Stock Units (Class A) Options Exercise $0 -9.5K -25% $0.00 28.5K Jul 1, 2025 Class A Common Stock 9.5K Direct F2, F3
transaction BETR Restricted Stock Units (Class A) Options Exercise $0 -3.17K -11.11% $0.00 25.3K Aug 1, 2025 Class A Common Stock 3.17K Direct F2, F3
transaction BETR Class B Common Stock Options Exercise $0 +636 +2.6% $0.00 25.1K Jul 1, 2025 Class A Common Stock 636 Direct F4
transaction BETR Class B Common Stock Tax liability -$2.4K -192 -0.77% $12.48 24.9K Jul 1, 2025 Class A Common Stock 192 Direct F4
transaction BETR Restricted Stock Units (Class B) Options Exercise $0 -636 -33.23% $0.00 1.28K Jul 1, 2025 Class B Common Stock 636 Direct F5, F6
transaction BETR Class B Common Stock Options Exercise $0 +638 +2.57% $0.00 25.5K Aug 1, 2025 Class A Common Stock 638 Direct F4
transaction BETR Class B Common Stock Tax liability -$2.58K -193 -0.76% $13.35 25.3K Aug 1, 2025 Class A Common Stock 193 Direct F4
transaction BETR Restricted Stock Units (Class B) Options Exercise $0 -638 -49.92% $0.00 640 Aug 1, 2025 Class B Common Stock 638 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 16, 2024, the Issuer effected a 1-for-50 reverse stock split of its shares of Class A Common Stock, which is reflected in the Reporting's Person's number of securities beneficially owned reported in this filing.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 The restricted stock units will vest with respect to (i) 3/12ths of such restricted stock units on July 1, 2025, (ii) 8/12ths of such restricted stock units in equal monthly installments beginning on August 1, 2025 through March 1, 2026, and (iii) the remaining 1/12th of such restricted stock units on March 15, 2026.
F4 Each share of Class B Common Stock is convertible at any time at the option of the Reporting Person into one share of Class A Common Stock and has no expiration date. Each share of Class B Common Stock will convert automatically into one share of Class A Common Stock in connection with: (i) any transfer, whether or not for value, except for certain permitted transfers described in the Issuers amended and restated certificate of incorporation, (ii) such time as the aggregate number of shares of Class B Common Stock outstanding ceases to represent 5% of the aggregate number of shares of Common Stock outstanding, (iii) the vote of 85% of the holders of Class B Common Stock outstanding; and (iv) following the date of the death or permanent disability of Betters founder.
F5 Each restricted stock unit represents a contingent right to receive one share of the Issuers Class B Common Stock.
F6 The restricted stock units were granted on October 1, 2022, and will vest subject to both time- and liquidity-based criteria. Under the time-based criteria, the Reporting Person was vested in 14/48ths of the restricted stock units on the grant date and the remaining restricted stock units will vest in equal 1/48ths of the restricted stock units 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 Persons continued employment. The liquidity-based criteria was satisfied on August 22, 2023 upon the consummation of the business combination between the Issuer (f/k/a Aurora Acquisition Corp), Aurora Merger Sub I, Inc. and Better HoldCo, Inc.