PBRA, LLC sold BETR

September 22, 2025 · Form 4 insider transaction

PBRA, LLC sold 453,511 shares of Better Home & Finance Holding Company at $47.00 per share, a transaction worth $21.32M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.

Direction
Disposed (sell-side)
Shares
453,511
Price
$47.00
Total value
$21.32M
InsiderPBRA, LLC
Role10% owner
SecurityClass A Common Stock
Transaction codeS: Open-market sale
Transaction dateSeptember 22, 2025
Filing dateSeptember 24, 2025
Shares owned after542,149
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

This number has been adjusted to reflect the 1-for-50 reverse stock split the Issuer effected on August 16, 2024.; Pine Brook Road Associates II, L.P. ("PBRA II") is the general partner of Pine Brook Capital Partners II, L.P. PBRA, LLC is the general partner of PBRA II. Pine Brook Road Advisors, L.P. controls the investment advisor of Pine Brook Capital Partners II, L.P. PBRA, LLC is the general partner of Pine Brook Road Advisors, L.P. Howard Newman is the managing member of PBRA, LLC. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its or 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.

View the original Form 4 on SEC EDGAR