Filing Details

Accession Number:
0000950170-24-103013
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-09-03 18:05:33
Reporting Period:
2024-08-29
Accepted Time:
2024-09-03 18:05:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1835856 Better Home & Finance Holding Co BETR Loan Brokers (6163) 933029990
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1965769 Riaz Valani C/O Better Home &Amp; Finance Holding Co
3 World Trade Center, 175 Greenwich St
New York NY 10007
No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2024-08-29 20,496 $16.12 285,030 No 4 S Indirect By 1/0 Mortgage Investment, LLC
Class A Common Stock Disposition 2024-08-29 1,500 $16.41 283,530 No 4 S Indirect By 1/0 Mortgage Investment, LLC
Class A Common Stock Disposition 2024-08-30 46,092 $15.97 237,438 No 4 S Indirect By 1/0 Mortgage Investment, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect By 1/0 Mortgage Investment, LLC
No 4 S Indirect By 1/0 Mortgage Investment, LLC
No 4 S Indirect By 1/0 Mortgage Investment, LLC
Footnotes
  1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.39 to $16.385. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote and footnotes (4) and (5).
  2. Reflects adjustments made in connection with the 1-for-50 reverse stock split of the Issuer's common stock effective August 19, 2024.
  3. Riaz Valani is the beneficiary of family trusts that own Addison Investment Holdings LLC, which has a controlling interest in 1/0 Mortgage Investment, LLC. Mr. Valani is the manager of 1/0 Services LLC, which in turn is the manager of 1/0 Mortgage Investment, LLC. Therefore, Mr. Valani may be deemed the beneficial owner of the shares held by 1/0 Mortgage Investment, LLC. The Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
  4. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.395 to $16.46.
  5. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.80 to $16.66.