Framework Labs, Inc. 4

4 · Better Home & Finance Holding Co · Filed Mar 23, 2026

AI-generated summary of this filing

Updated Mar 23, 2026

Better Home & Finance (BETR) 10% Owner Buys 40,000 Shares

What Happened

Framework Ventures IV L.P., reported as a 10% owner of Better Home & Finance Holding Co (ticker: BETR), purchased 40,000 shares on March 23, 2026 at $29.60 per share, for a total reported value of $1,184,000. The filing classifies the transaction as a purchase (code P — open market or private purchase), which is a buy rather than a sale.

Key Details

Transaction date and price: 2026-03-23 at $29.60 per share (40,000 shares; $1,184,000 total).
Shares owned after transaction: Not specified in the provided filing.
Transaction code: P = Purchase (open market or private purchase).
Filing timeliness: Reported on 2026-03-23 with period of report 2026-03-23 — the filing appears timely.
Notable footnotes:
- F1: Shares held directly by Framework LP and may be deemed beneficially owned by Framework Ventures IV GP LLC, Framework Ventures Management LLC, Vance Spencer, and Michael Ernest Anderson, each disclaiming beneficial ownership except to the extent of any pecuniary interest.
- F2: Some reported securities are held by Framework Labs, Inc. and may be deemed beneficially owned by Mr. Spencer and Mr. Anderson (they serve as officers/directors of Framework Labs and control it).
- F3: Some reported securities are held directly by Vance Spencer.
Institutional note: This filing reports a 10% owner (an investment/institutional entity), not an individual executive's personal trade.

Context

For retail investors: purchases by large shareholders can be informative, but 10% owner activity may reflect institutional investment strategy rather than an individual insider’s view. The filing includes disclaimers that certain individuals (Vance Spencer and Michael Ernest Anderson) may be deemed beneficial owners of some holdings but disclaim direct beneficial ownership except for any pecuniary interest. No options, awards, gifts, or sales were reported in this filing.

Form 4

Period: 2026-03-23

10% Owner

Transactions

Purchase
Common Stock
[F1]
2026-03-23$29.60/sh+40,000$1,184,000→ 952,312 total(indirect: See Footnote)

Holdings

Footnotes (3)

[F1]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.
[F2]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.
[F3]The reported securities are held directly by Mr. Spencer.

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