Item 9A. Controls and Procedures
Item 9A. Controls and Procedures
Evaluation of Disclosure Controls and Procedures
The Company's management, with the participation of our Chief Executive Officer and Chief Financial Officer, have evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act), as of December 31, 2025, which is the end of the period covered by this Annual Report. Based on this evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective as of December 31, 2025.
Management’s Annual Report on Internal Control over Financial Reporting
Our management is responsible for establishing and maintaining adequate internal control over financial reporting as defined by Rule 13a-15(f) and Rule 15d15(f) under the Exchange Act and based on the criteria set forth by the Committee of Sponsoring Organization of the Treadway Commission in Internal Control-Integrated Framework (2013) (“COSO Framework”). Our internal control over financial reporting is designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of consolidated financial statements for external purposes in accordance with U.S. GAAP.
Our management conducted an evaluation of the effectiveness of our internal control over financial reporting based on the COSO Framework as of December 31, 2025. Based on our assessment and those criteria, the Chief Executive Officer and Chief Financial Officer have concluded that our internal controls over financial reporting were effective as of December 31, 2025.
This Annual Report does not include an attestation report of our independent registered accounting firm on management’s assessment regarding internal control over financial reporting due to the exemption from such requirements established by rules of the SEC for emerging growth companies .
Remediation of Previously Reported Material Weakness in Internal Control Over Financial Reporting
As previously disclosed, including in Part II, Item 9A. “Controls and Procedures” of our Annual Report on Form 10-K for the year ended December 31, 2024, we identified the following material weaknesses in our internal control over financial reporting: (1) certain actions by the Company’s Chief Executive Officer did not establish an appropriate “tone at the top” consistent with the COSO Framework; (2) the Company did not maintain an effective control environment or implement appropriate control activities under the COSO Framework, in part due to insufficient experienced accounting personnel and capacity; and (3) as a result of such personnel and review-capacity limitations, the Company previously failed to timely identify a material error in a third-party valuation.
Throughout the year ended December 31, 2025, with oversight from management and the Board’s audit committee, the Company implemented measures designed to remediate these material weaknesses. We completed these remediation measures in the quarter ended December 31, 2025, including testing of the design and concluding on the operating effectiveness of the related controls.
Specifically, we undertook the following remediation measures:
• enhanced our reporting lines, authorities, and responsibilities, expanded the executive leadership team and implemented new entity level controls to ensure adherence to standards of conduct and address deviations promptly.
• invested in key accounting personnel with experienced and skilled resources.
• designed and implemented appropriate internal controls over financial reporting related to complex accounting matters, significant estimates and judgments and the review of third-party specialist’s work.
Based on these remediation actions, as well as adequate testing of the design and operating effectiveness of the applicable financial reporting controls over a sustained period of financial reporting cycles, we have concluded that the previously reported material weaknesses have been remediated as of December 31, 2025.
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Changes in Internal Control over Financial Reporting
Except as otherwise noted above under “Remediation of Previously Reported Material Weaknesses in Internal Control Over Financial Reporting”, there were no changes in our internal control over financial reporting (as such term is defined in Exchange Act Rule 13a-15(f) and 15d-15(f)) during the most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Item 9B. Other Information
(b)
Other than as described below, during the three months ended December 31, 2025, no director or executive officer of the Company entered into , modified or terminated any contract, instruction or written plan for the purchase or sale of the Company’s securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or that constituted a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K). However, certain of our directors or officers have made, and may from time to time make, elections to have shares withheld to cover withholding taxes or pay the exercise price of options, which may be designed to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or may constitute non-Rule 10b5-1 trading arrangements.
On December 22, 2025 , Vishal Garg , Chief Executive Officer and director of the Company, entered into a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) (the “2025 Garg Trading Arrangement”). The 2025 Garg Trading Arrangement provides for the purchase of up to 200,000 shares of the Company’s Class A common stock with a plan end date of March 23, 2027 .
Item 9C. Disclosure Regarding Foreign Jurisdiction that Prevent Inspections.
Not applicable.
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Part III
Item 10. Directors, Executive Officers and Corporate Governance
Except as provided below, the information required by Item 10 is incorporated herein by reference from our Definitive Proxy Statement for the 2026 Annual Meeting of Stockholders (the “2026 Proxy Statement”).
Insider Trading Policy
Better has an Insider Trading Policy governing the purchase, sale and other dispositions of its securities by directors, officers, managers and employees. The Company also follows procedures for the repurchase of its securities. The Company believes that its insider trading policy and repurchase procedures are reasonably designed to promote compliance with insider trading laws, rules and regulations, and listing standards applicable to the Company. The Insider Trading Policy is filed with this Form 10-K as Exhibit 19.1.
Information About Our Directors
Name Position(s) Age as of March 13, 2026
Vishal Garg Chief Executive Officer and Director 48
Harit Talwar Chairman of the Board 65
Bhaskar Menon Lead Independent Director 65
David Barse Director 63
Michael Farello Director 61
Arnaud Massenet Director 60
Prabhu Narasimhan Director 45
The biography for Mr. Garg appears below under the heading “Information About Our Executive Officers.”
Harit Talwar. Mr. Talwar has served as a member of our board of directors (the "Board") and our Chairman since August 2023. Mr. Talwar served as Chairman of the board of directors of Better Holdco, Inc. (“Pre-Business Combination Better”) from May 2022 until August 2023. He was most recently at Goldman Sachs, where he served as Chairman of the Consumer Business from January 2021 through December 2021 and Global Head of the Consumer Business from May 2015 to January 2021, leading the firm’s entry into the consumer space and helping to build Marcus by Goldman Sachs as the division’s head and first employee. Prior to Goldman Sachs, Mr. Talwar was President, U.S. Cards, at Discover Financial Services. Mr. Talwar has served as a member of the boards of directors of Mastercard Inc. (NYSE: MA) since April 2022, KPMG U.S. since January 2024, Apexon, a digital engineering services company, since 2022, and Inveniam, a block chain company digitizing assets in private markets, since 2023. Mr. Talwar holds a B.A. in Economics from Delhi University and an M.B.A. from the Indian Institute of Management, Ahmedabad.
Mr. Talwar was selected to serve on our Board and as Chairman of the Board due to his strong background in direct-to-consumer financial businesses and experience building public companies.
Bhaskar Menon. Mr. Menon has served as a member of the Board since August 2025 and as its lead independent director since October 2025. His last role was as the Chief Digital & Transformation Officer of Alorica, Inc., a provider of technology-enabled customer services solutions for large enterprises, from July 2018 until December 2021. He has served on boards of directors of companies across multiple industries. Mr. Menon previously held senior executive positions with Citibank, N.A., Merrill Lynch & Co. Inc., Mphasis Corp. and e4e Inc. Mr. Menon has a B.S. from Fergusson College and a M.B.A. from Symbiosis Institute of Business Management, Pune.
Mr. Menon was selected to serve on our Board due to his experience on boards of directors and executive leadership experience.
David Barse. Mr. Barse has served as a member of the Board since August 2025. Mr. Barse has served as the founder and Chief Investment Officer of DMB Holdings, LLC, a private family office with a diverse investment portfolio, since January 2016. Mr. Barse was the founder and the Chief Executive Officer of XOUT Capital LLC, an index company related to the asset management industry, from January 2019 through February 2022. He served as a director of Covanta Holding Corporation (formerly NYSE: CVA), owner/operator of energy-from-waste and power generation facilities, from 1996 until its acquisition by a private equity firm in 2022, in addition to serving on several other boards of directors throughout his career. Mr. Barse also served almost 25 years as Chief Executive Officer of Third Avenue Management, a
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global value investment organization. Mr. Barse has a B.A. with Honors from George Washington University and a J.D. from Brooklyn Law School.
Mr. Barse was selected to serve on our Board due to his experience on public and private company boards of directors and investment experience.
Michael Farello . Mr. Farello has served as a member of our Board since August 2023. Mr. Farello served as a member of the board of directors of Pre-Business Combination Better from February 2020 until August 2023. He is also a Managing Partner of L Catterton, a private equity firm, focused on its Growth fund, a position he has held since January 2006. Mr. Farello serves as a member of the boards of directors of several private companies. In addition, since July 2015, Mr. Farello has served on the board of directors of Vroom Inc. (Nasdaq: VRM), an e-commerce used vehicle sales platform. Since June 2017, Mr. Farello has also served on the board of directors of ODDITY Tech Ltd. (Nasdaq: ODD), a consumer-technology company. Mr. Farello holds a B.S. in industrial engineering from Stanford University and a M.B.A. from Harvard Business School.
Mr. Farello was selected to serve on our Board due to his strong background in technology and direct-to-consumer businesses, knowledge of growth strategies, and extensive board and committee experience.
Arnaud Massenet. Mr. Massenet has served as a member of the Board since August 2023. Mr. Massenet has served as a managing partner of NaMa Capital Advisors LLP (previously Novator Capital), a privately held investment firm (“NaMa Capital”), since October 2020. Mr. Massenet served as Chief Executive Officer of Aurora and as an executive officer of Novator Capital Sponsor Ltd., a Cyprus limited liability company (the "Sponsor"), in each case from inception until August 2023. Mr. Massenet started his career in 1994 in banking at Morgan Stanley & Co. He became the Head of Morgan Stanley’s derivatives group in London, United Kingdom, in 1998. In 2003, Mr. Massenet started Lehman Brothers Inc.’s corporate derivatives group before exiting in 2007 to start South West Capital, a hedge fund focused on real asset investments. Mr. Massenet co-founded Net-a-Porter in 1999, which was ultimately sold to the Richemont Group. Mr. Massenet holds a Bachelor of Arts from the Lincoln International School of Business in Paris, France and a M.B.A. from the University of North Carolina.
Mr. Massenet was selected to serve on our Board due to his experience as a senior executive, his experience in investment, marketing and business development, and his experience serving on the boards of directors of other public and private companies.
Prabhu Narasimhan. Mr. Narasimhan has served as a member of our Board since August 2023. He has served as Chief Executive Officer of Brahma AI Ltd., an enterprise AI content platform, since July 2024. Mr. Narasimhan served as a managing partner of NaMa Capital from October 2020 until September 2024. Mr. Narasimhan served as Aurora’s Chief Investment Officer and as an executive officer of the Sponsor, in each case from inception until August 2023. Mr. Narasimhan has over 15 years of experience as a lawyer at three international law firms, two as partner (Mayer Brown, White & Case and Baker & McKenzie). Mr. Narasimhan has served on the board of directors of Prime Focus Limited (NSE:PFOCUS), a motion picture and video production company, since January 2026.
Mr. Narasimhan was selected to serve on our Board due to his due to his extensive legal experience as well as his investment and business development experience.
Information About Our Executive Officers
Name Position(s) Age as of March 13, 2026
Vishal Garg Chief Executive Officer 48
Loveen Advani Chief Financial Officer 49
Barry Feierstein Chief Operating Officer 65
Sigurgeir Jonsson Chief Technology Officer 51
Chad Smith President and Chief Operating Officer of Better Mortgage Corporation 51
Paula Tuffin General Counsel, Chief Compliance Officer and Secretary 63
Vishal Garg. Mr. Garg has served as a member of our Board and Chief Executive Officer of the Company since August 2023. Mr. Garg founded and served as Chief Executive Officer of Pre-Business Combination Better from its inception in 2015 until August 2023. Since 1999, Mr. Garg has served as the founding partner of 1/0 Capital, an investment holding company focused on creating and investing in businesses within consumer finance, technology and digital
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marketing (“1/0 Capital”), and which is a significant stockholder of the Company. Before this, Mr. Garg was an entrepreneur in the consumer finance industry. Mr. Garg holds a B.S. in Finance and International Business from New York University.
Loveen Advani. Mr. Advani has served as Chief Financial Officer of the Company since February 2026. Prior to joining the Company, Mr. Advani served as Executive Vice President, Finance of Zeta Global Holdings Corp. (NYSE:ZETA), a marketing technology company, from April 2024 until his departure in January 2026, and served as its Senior Vice President, Financial Planning and Analysis from March 2020 until March 2024. From June 2018 until March 2020, he served as Senior Vice President, FP&A and Investments at LivePerson, Inc. (Nasdaq: LPSN), a provider of predictable conversational AI and digital transformation. He also served as Vice President, Head of Corporate Development at Inovalon Holdings, Inc. (formerly Nasdaq: INOV), a technology company. Mr. Advani also held finance positions at Aetna and IBM Corporation. Mr. Advani holds a Bachelor of Engineering, with honours, from the University of Mumbai and an M.B.A. from The University of Chicago, Booth School of Business.
Barry Feierstein. Mr. Feierstein has served as Chief Operating Officer of the Company since December 2025. Prior to joining the Company, Mr. Feierstein served as Chief Operating Officer of Hamilton Insurance Agency, an insurance broker and benefits administration provider, from January 2025 until December 2025, where he led a strategic review that culminated in the sale of the company to NFP, a division of AON (NYSE: AON). From March 2024 until December 2025, he served as Founding Chief Operating Officer of Open Castle, Inc., a global credit facilitation platform, where he will maintain a role as a strategic advisor. Mr. Feierstein served as Chief Operating Officer of EasyKnock, Inc., a residential real estate finance company, from January 2021 until September 2024, and as a transitional advisor from February 2024 to September 2024. He also served as Chief Business Operating Officer of University of Phoenix (a business unit of Apollo Education Group) and then as the Chief Commercial Officer of Apollo Education Group (formerly NYSE: APOL). Mr. Feierstein previously held positions at SLM Corporation (formerly Sallie Mae, Inc.) (NYSE: SLM), an education solutions company, including managing its private credit business and then as its Executive Vice President of Sales and Marketing. Early in his career, Barry spent five years at McKinsey & Company, a management consulting firm. Mr. Feierstein holds a B.A., summa cum laude, from Tufts University and a M.B.A. from Harvard Business School.
Sigurgeir “Ziggy” Jonsson. Mr. Jonsson has served as the Company’s Chief Technology Officer since March 2026. Prior to that role, he served as its Senior Vice President, Engineering since August 2023. From September 2022 until August 2023, he served as Senior Vice President, Engineering of Pre-Business Combination Better, and from September 2020 until September 2022, as its Head of Financial Products. Mr. Jonsson has served as Senior Partner at 1/0 Capital since October 2015. He served on the board of directors of 10X Capital Venture Acquisition Corp. (formerly, Nasdaq: VCVC), a special purpose acquisition company, from November 2020 until July 2021. Mr. Jonsson holds a Bachelor’s in Economic Sciences from the University of Iceland.
Chad Smith. Mr. Smith has served as President and Chief Operating Officer of Better Mortgage Corporation, a wholly owned subsidiary of the Company (“BMC”), since May 2024. Prior to joining BMC, Mr. Smith served as Chief Executive Officer of Mission Loans LLC, an online mortgage lender, from December 2020 to May 2024. Prior to Mission Loans, he served as Executive Vice President, Consumer Direct and Portfolio Retention, of Caliber Home Loans, Inc., a mortgage lender and mortgage loan servicer, from May 2018 to September 2020. From 2014 to April 2018, Mr. Smith served as President, Direct Lending at loanDepot, Inc.
Paula Tuffin. Ms. Tuffin has served as our General Counsel, Chief Compliance Officer and Secretary since August 2023. Ms. Tuffin served as General Counsel, Chief Compliance Officer and Secretary of Pre-Business Combination Better from May 2016 until August 2023. Prior to joining Pre-Business Combination Better in 2016, she served as senior litigation counsel at the CFPB in the Enforcement Bureau. Prior to joining the CFPB in 2013, Ms. Tuffin was a litigation partner at Mayer Brown. Ms. Tuffin holds a B.A. from Williams College and a J.D. from Harvard Law School.
Item 11. Executive Compensation
The information required by Item 11 is incorporated herein by reference from our 2026 Proxy Statement.
Item 12. Security Ownership of Certain Beneficial Owner and Management and Related Stockholder Matters
Except as provided below, the information required by Item 12 is incorporated herein by reference from our 2026 Proxy Statement.
Equity Compensation Plan Information
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The following table provides information as of December 31, 2025, concerning shares of Class A common stock and Class B common stock issuable under the Company’s equity compensation plans.
Plan category Number of securities to be issued upon exercise of outstanding options, warrants and rights
(a) Weighted-average exercise price of outstanding options, warrants and rights (b) Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a))
(c)
Equity compensation plans approved by security holders
Class A common stock 1,956,375 (1)
— 577,484 (2)(3)
Class B common stock 609,413 (4)
$78.74 (5)
— (6)
Equity compensation plans not approved by security holders — — —
Total 2,565,788 $78.74 577,484
(1) A total of 1,956,375 RSUs were granted under the Better Home & Finance Holding Company 2023 Incentive Equity Plan (the “2023 Plan”) as of December 31, 2025. No initial offering period has commenced under the Better Home & Finance 2023 Employee Stock Purchase Plan (the “ESPP”).
(2) Consists of 255,205 shares of Class A common stock remaining available for future issuance under the 2023 Plan and 322,279 shares of Class A common stock remaining available for future issuance under the ESPP, as of December 31, 2025. Any shares subject to an award granted under the 2023 Plan, the Better Holdco, Inc. 2017 Equity Incentive Plan (the “2017 Plan”) or the Better Holdco, Inc. 2016 Equity Incentive Plan (the “2016 Plan”) that terminates, expires or lapses for any reason or any such award which is settled in cash without the delivery of shares will again be available for future grants under the 2023 Plan. Further, to the extent shares are tendered or withheld to satisfy the grant, exercise price or tax withholding obligation with respect to any award under the 2023 Plan, such tendered or withheld shares will be available for future grants under the 2023 Plan.
(3) The number of shares of Class A common stock available under the 2023 Plan is subject to an annual increase on the first day of each fiscal year beginning in 2024 and ending in 2033, equal to the lesser of (i) 5% of the shares of Class A Common Stock outstanding on an as-converted basis as of the last day of the immediately preceding fiscal year and (ii) such smaller number of shares of Class A common stock as determined by the Board or the compensation committee of the Board. The number of shares of Class A common stock available under the ESPP is subject an annual increase on the first day of each fiscal year beginning in 2024 and ending in 2033, equal to the lesser of (i) 1% of the shares of Class A common stock outstanding on an as-converted basis as of the last day of the immediately preceding fiscal year and (ii) such number of shares of Class A common stock as determined by the Board.
(4) Consists of 2,969 shares of Class B common stock underlying options granted under the 2016 Plan and 606,444 shares of Class B common stock underlying options and RSUs granted under the 2017 Plan.
(5) The weighted-average exercise price shown in the column above relates only to the shares of Class B common stock issuable upon the exercise of outstanding incentive stock options and non-qualified stock options granted under the 2016 Plan and the 2017 Plan.
(6) There are no securities that remain available for future issuance under the terms of the 2016 Plan and the 2017 Plan.
Item 13. Certain Relationships and Related Transactions, and Director Independence
The information required by Item 13 is incorporated herein by reference from our 2026 Proxy Statement.
Item 14. Principal Accounting Fees and Services
The information required by Item 14 is incorporated herein by reference from our 2026 Proxy Statement.
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Part IV
Item 15. Exhibits and Financial Statements Schedules.
(a) The following documents are filed as part of this Annual Report:
(1) Financial Statements. The financial statements are set forth in Item 8. “Financial Statements and Supplementary Data” in this Annual Report.
(2) Financial Statement Schedules. Schedules not filed herewith called for under Regulation S‑X are omitted because of the absence of conditions under which they are required, they are included in the Consolidated Financial Statements, Notes to the Consolidated Financial Statements, elsewhere in this Annual Report or are not material.
(3) Exhibits. The following list of exhibits includes exhibits submitted with this Annual Report as filed with the SEC and those incorporated by reference to other filings.
Incorporated by Reference
Exhibit Description Form Exhibit Filing Date
3.1 Amended and Restated Certificate of Incorporation of Better Home & Finance Holding Company
10-K 3.1 April 8, 2024
3.2 Certificate of Amendment to the Amended and Restated Certificate of Incorporation of Better Home & Finance Holding Company, dated August 16, 2024
8-K 3.1 August 19, 2024
3.3 Bylaws of Better Home & Finance Holding Company
8-K 3.2 August 25, 2023
4.1* Warrant Agreement, dated as of March 3, 2021, by and between Aurora Acquisition Corp. and Continental Stock Transfer & Trust Company
S-4/A 4.4 July 24, 2023
4.2 Assignment, Assumption and Amendment Agreement, dated as of August 22, 2023, by and among Better Home & Finance Holding Company, Computershare Trust Company, N.A. and Computershare Inc.
8-K 4.2 August 28, 2023
4.3 Form of Note, between Better Home & Finance Holding Company and GLAS Trust Company LLC (included in Exhibit 10.1).
8-K 4.2 April 28, 2025
4.4 Warrant, dated as of February 1 7 , 2026, between Better Home & Finance Holding Company and Framework Ventures IV L.P.
8-K 4.1 February 17, 2026
4.5 Indenture, dated as of April 28, 2025, between Better Home & Finance Holding Company and GLAS Trust Company LLC
8-K 4.1 April 28, 2025
4.6 Description of Securities
8-K 4.1 August 19, 2024
10.1* Security Agreement, dated as of April 28, 2025, between the Company, as issuer, subsidiaries of the Company, as guarantors, and GLAS Trust Company LLC, as Collateral Agent
8-K 10.1 April 28, 2025
10.2 Note Exchange Agreement, dated April 12, 2025, between the Company and SB Northstar LP.
8-K 10.1 April 14, 2025
10.3 Amended and Restated Registration Rights Agreement, dated as of August 22, 2023, by and among Better Home & Finance Holding Company, Novator Capital Sponsor Ltd., and certain persons signatory thereto.
8-K 10.1 August 28, 2023
10.4 Joinder Agreement, dated as of October 11, 2023, by and between Better Home & Finance Holding Company, SVF II Beaver (DE) LLC, and SB Northstar LP.
S-1 10.29 October 12, 2023
10.5 Registration Rights Agreement, dated February 17, 2026, between Better Home & Finance Holding Company and Framework Ventures IV L.P.
8-K 10.2 February 17, 2026
10.6 Form of At-the-Market Sales Agreement, dated September 26, 2025
8-K 1.1 September 29, 2025
10.7 Securities Purchase Agreement, dated February 17, 2026, between Better Home & Finance Holding Company and Framework Ventures IV L.P.
8-K 10.1 February 17, 2026
10.8 Novator Exchange Election Agreement, dated as of August 22, 2023 by and among Better HoldCo, Inc., Novator Capital Sponsor Ltd. and Aurora Acquisition Corp.
8-K 10.2 August 28, 2023
10.9# Form of Indemnification Agreement by and between Better Home & Finance Holding Company and each of its directors and executive officers.
8-K 10.4 August 28, 2023
10.10# Better Holdco Inc. 2016 Equity Incentive Plan
S-1 10.5 October, 12 2023
10.11# Form of Better Holdco Inc. 2016 Equity Incentive Plan Option Agreement
S-1 10.6 October, 12 2023
10.12# Better Holdco Inc. 2017 Equity Incentive Plan
S-1 10.7 October, 12 2023
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Incorporated by Reference
Exhibit Description Form Exhibit Filing Date
10.13# Form of Better HoldCo Inc. 2017 Equity Incentive Plan RSU Agreement (Double-Trigger Vesting)
S-1 10.8 October, 12 2023
10.14# Form of Better HoldCo Inc. 2017 Equity Incentive Plan RSU Agreement (Single-Trigger Vesting)
S-1 10.9 October, 12 2023
10.15# Form of Better HoldCo Inc. 2017 Equity Incentive Plan Stock Option Agreement
S-1 10.1 October, 12 2023
10.16# Form of Better HoldCo Inc. 2017 Equity Incentive Plan Stock Option Agreement (Early Exercise)
S-1 10.1 October, 12 2023
10.17# Better Home & Finance Holding Company 2023 Incentive Equity Plan
8-K 10.5 August 28, 2023
10.18# Form of Better Home & Finance Holding Company 2023 Incentive Equity Plan RSU Agreement
S-1 10.13 October, 12 2023
10.19# Form of Better Home & Finance Holding Company 2023 Incentive Equity Plan Option Agreement
S-1 10.14 October, 12 2023
10.20# Form of Restricted Stock Unit Award Agreement and Grant Notice (2023 Incentive Equity Plan)
8-K 10.1 February 7, 2024
10.21# Better Home & Finance Holding Company 2023 Employee Stock Purchase Plan
8-K 10.6 August 28, 2023
10.22# B etter Home & Finance Holding Company 2026 Inducement Incentive Plan
S-8 4.2 February 11, 2026
10.23# Form of Restricted Stock Unit Award Agreement and Grant Notice (2026 Inducement Incentive Plan)
10.24# Employment Agreement, dated as of April 5, 2022, between Better Holdco, Inc. and Kevin Ryan.
S-4/A 10.24 July 24, 2023
10.25# Amendment to Employment Agreement, dated March 29, 2024, between Kevin Ryan and Better Home & Finance Holding Company
10-K 10.31 March 19, 2025
10.26# Employment Agreement, dated as of October 18, 2022, between Better Holdco, Inc. and Nicholas J. Calamari.
S-4/A 10.25 July 24, 2023
10.27# Employment Agreement, dated as of October 18, 2022, between Better Holdco, Inc. and Paula Tuffin
S-4/A 10.26 July 24, 2023
10.28# Amende d and Restated Offer of Employment, dated July 29, 2024, between Better Home & Finance Holding Company and Chad Smith
10-Q 10.10 August 13, 2024
10.29# Better Home & Finance Holding Company 2023 Incentive Equity Plan Restricted Stock Unit Award Agreement, dated May 30, 2024, between Better Home & Finance Holding Company and Chad Smith (Time-Based and Performance-Based).
10-Q 10.20 August 13, 2024
10.30# Offer Letter, dated December 8, 2025, between Better Home & Finance Holding Company and Barry Feierstein
10.31# Employment Agreement, dated as of December 21, 2025, between Better Home & Finance Holding Company and Loveen Advani
10.32# Employment Agreement, dated as of April 14, 2022, between Better Holdco, Inc. and Sigurgeir Jonsson
10.33# Personal Loan Termination Agreement, dated March 1 2 , 2026, between Better Home & Finance Holding Company and Sigureir Jonsson
10.34 Board Observer Agreement, effective August 7, 2025, between Better Home & Finance Holding Company and SB Northstar LP
10-Q 10.40 November 13, 2025
10.35# Chairman Agreement, dated as of April 27, 2022, between Better Holdco, Inc. and Harit Talwar
S-4/A 10.30 July 24, 2023
10.36# Amendment No. 1 to Chairman Agreement, dated as of August 7, 2025, between Harit Talwar and Better Home & Finance Holding Company
10-Q 10.30 November 13, 2025
10.37# Better HoldCo, Inc. 2017 Equity Incentive Plan Restricted Stock Unit Agreement, dated June 1, 2022, between Better HoldCo, Inc. and Harit Talwar (Service Based).
10-Q 10.40 August 13, 2024
10.38# Better HoldCo, Inc. 2017 Equity Incentive Plan Restricted Stock Unit Agreement, dated June 1, 2022, between Better HoldCo, Inc. and Harit Talwar (Performance Based).
10-Q 10.50 August 13, 2024
10.39# Sponsor Purchase Subscription Agreement, dated as of August 22, 2023, by and between Better Home & Finance Holding Company and Novator Capital Sponsor, Ltd.
8-K 10.18 August 28, 2023
10.40# Form of Transaction Bonus Agreement
8-K
10.1 September 29, 2023
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Incorporated by Reference
Exhibit Description Form Exhibit Filing Date
10.41 Founder Side Letter, dated as of May 10, 2021, by and between Better Home & Finance Holding Company and Vishal Garg (included as Annex M to the Form S-4/A)
S-4/A 10.16 July 24, 2023
10.42 Better Holder Support Agreement, dated as of May 10, 2021, by and among the Registrant, Better Holdco, Inc. and the persons set forth on Schedule I thereto (included as Annex F to the proxy statement/prospectus)
S-4/A 10.2 July 24, 2023
10.43# Better Holdco, Inc. Executive Change in Control Severance Plan
10-K 10.30 March 19, 2025
10.44# Director Compensation Policy
10-Q 10.2 November 13, 2025
19.1 Insider Trading Policy of Better Home & Finance Holding Company
21.1 List of subsidiaries of Better Home & Finance Holding Company
23.1 Consent of Deloitte & Touche LLP
24.1 Powers of Attorney (included on signature page hereto).
31.1 Certification of Principal Executive Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2 Certification of Principal Financial Officer pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1** Certification of Principal Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2** Certification of Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
97.1 Better Home & Finance Holding Company Clawback Policy
10-K 97.1 March 19, 2025
101.INS Inline XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document)
101.SCH Inline XBRL Taxonomy Extension Schema Document.
101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document.
101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document.
101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document.
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document.
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained Exhibit 101)
__________________
* Certain of the exhibits and schedules to this Exhibit have been omitted in accordance with Regulation S-K Item 601(a)(5). The Registrant agrees to furnish a copy of all omitted exhibits and schedules to the SEC upon its request.
** Furnished herewith. These exhibits shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that Section. Such exhibits shall not be deemed incorporated into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
# Indicates management contract or compensatory arrangement
Item 16. Form 10-K Summary
Not applicable.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
BETTER HOME & FINANCE HOLDING COMPANY
(Registrant)
Dated: March 13, 2026 By: /s/ Loveen Advani
Name: Loveen Advani
Chief Financial Officer
(on behalf of the Registrant and as the Registrant’s Principal Financial Officer and Principal Accounting Officer)
Each person whose individual signature appears below hereby authorizes and appoints Loveen Advani and Paula Tuffin, and each of them, with full power of substitution and resubstitution and full power to act without the other, as his or her true and lawful attorney-in-fact and agent to act in his or her name, place and stead and to execute in the name and on behalf of each person, individually and in each capacity stated below, and to file any and all amendments to this Annual Report on Form 10-K and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing, ratifying and confirming all that said attorneys-in-fact and agents or any of them or their or his or her substitute or substitutes may lawfully do or cause to be done by virtue thereof.
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Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
Signature Title Date
/s/ Vishal Garg Chief Executive Officer and Director (Principal Executive Officer) March 13, 2026
Vishal Garg
/s/ Loveen Advani Chief Financial Officer (Principal Financial and Principal Accounting Officer)
March 13, 2026
Loveen Advani
/s/ Harit Talwar Director and Chairman of the Board of Directors March 13, 2026
Harit Talwar
/s/ David Barse Director March 13, 2026
David Barse
/s/Michael Farello Director March 13, 2026
Michael Farello
/s/Arnaud Massenet Director March 13, 2026
Arnaud Massenet
/s/ Bhaskar Menon Director March 13, 2026
Bhaskar Menon
/s/ Prabhu Narasimhan Director March 13, 2026
Prabhu Narasimhan
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