Riaz Valani - Aug 29, 2024 Form 4 Insider Report for Better Home & Finance Holding Co (BETR)

Role
Director
Signature
/s/ Riaz Valani
Stock symbol
BETR
Transactions as of
Aug 29, 2024
Transactions value $
-$1,091,100
Form type
4
Date filed
9/3/2024, 06:05 PM
Previous filing
May 31, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BETR Class A Common Stock Sale -$330K -20.5K -6.71% $16.12* 285K Aug 29, 2024 By 1/0 Mortgage Investment, LLC F1, F2, F3
transaction BETR Class A Common Stock Sale -$24.6K -1.5K -0.53% $16.41* 284K Aug 29, 2024 By 1/0 Mortgage Investment, LLC F3, F4
transaction BETR Class A Common Stock Sale -$736K -46.1K -16.26% $15.97* 237K Aug 30, 2024 By 1/0 Mortgage Investment, LLC F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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).
F2 Reflects adjustments made in connection with the 1-for-50 reverse stock split of the Issuer's common stock effective August 19, 2024.
F3 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.
F4 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.
F5 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.