Framework Labs, Inc. 3
3 · Better Home & Finance Holding Co · Filed Mar 11, 2026
Insider Transaction Report
Form 3
Framework Ventures IV L.P.
10% Owner
Holdings
- 571,908(indirect: See Footnote)
Common Stock
[F3] - 247,450(indirect: See Footnote)
Common Stock
[F4] - 121,150(indirect: See Footnote)
Common Stock
[F5] - (indirect: See Footnote)
Warrants (right to buy)
[F1][F2][F3]Exp: 2027-02-17→ Common Stock (211,312 underlying)
Footnotes (5)
- [F1]On February 17, 2026, Framework Ventures IV L.P. ("Framework LP") entered into a Securities Purchase Agreement with Better Home & Finance Holding Company (the "Issuer"), pursuant to which Framework LP purchased a warrant (the "Warrant") to purchase up to an aggregate of 211,312 shares (the "Warrant Shares") of the Issuer's Class A common stock, par value $0.0001 per share (the "Common Stock"), upon the terms and subject to the limitations on exercise and conditions set forth in the Warrant. The purchase price of the Warrant was $0.01. The Warrant is exercisable for (i) up to 105,656 Warrant Shares at an exercise price of $27.00 per share upon the beneficial ownership of Framework LP, together with its affiliate, exceeding 4.99% of the then-outstanding Common Stock and (ii) up to the remaining 105,656 Warrant Shares at an exercise price of the greater of (x) $27.00 and (y) 90% of the 30-day volume-weighted average trading price per share of the Common Stock
- [F2]Due to a character limit, Footnote 2 is a continuation of Footnote 1: upon the beneficial ownership exceeding 8.98%. The original Warrant contained a provision limiting the exercise of the warrant to the extent that, following exercise, Framework LP, together its affiliates, would not beneficially own more than 9.99% of the number of shares of Common Stock outstanding immediately after giving effect to the issuance of shares of Common Stock issuable upon exercise of the Warrant. On March 5, 2026, Framework LP and the Issuer entered into a waiver agreement pursuant to which such beneficial ownership limitation was waived from that date.
- [F3]The reported securities are held directly by Framework LP and may also be deemed to be beneficially owned by Framework Ventures IV GP LLC ("Framework GP"), Framework Ventures Management LLC ("Framework Management"), Vance Spencer ("Mr. Spencer") and Michael Ernest Anderson ("Mr. Anderson"), each of which or whom disclaim beneficial ownership of these shares except to the extent of its or his pecuniary interest in such shares, if any. Framework GP is the general partner of Framework LP. Framework Management is the investment manager for Framework GP. Mr. Spencer and Mr. Anderson are members and the managers of Framework GP and the managing members of Framework Management.
- [F4]The reported securities are held directly by Framework Labs, Inc. ("Framework Labs") and may also be deemed to be beneficially owned by Mr. Spencer and Mr. Anderson, each of whom disclaim beneficial ownership of these shares except to the extent of his pecuniary interest in such shares, if any. Mr. Spencer and Mr. Anderson serve as executive officers and directors of Framework Labs and control Framework Labs.
- [F5]The reported securities are held directly by Mr. Spencer.