{"success":true,"data":{"pressRelease":{"id":"113193","rtpr_id":"nBw7YNq8ya","ticker":"BETR","exchange":"NASDAQ","all_tickers":["BETR","BETRW"],"title":"Better Home & Finance Holding Company Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)","author":"Business Wire","published_at":"2026-08-07T20:05:00.236Z","article_body":"Better Home & Finance Holding Company Announces Inducement Grants Under\nNasdaq Listing Rule 5635(c)(4)\n\nBetter Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better”\nor the “Company”) today announced recent equity-based incentive awards\nmade under the Company’s 2026 Inducement Incentive Plan (the “Inducement\nPlan”) on August 7, 2026.\n\nThe awards include grants made by the Compensation, Corporate Governance and\nNominations Committee (the “Compensation Committee”) of the Company’s\nBoard of Directors on May 21, 2026, to 11 newly hired employees and consisted\nof the following awards: (i) an aggregate of 49,260 time-based restricted\nstock units (“RSUs”), 25% of which vest on the first anniversary of the\napplicable employee’s start date, with the remaining 75% vesting in equal\nquarterly installments over the following three years, in each case subject to\nthe employee’s continued employment through the applicable vesting date; and\n(ii) 10,000 performance- and time-based RSUs granted to one of the 11\nemployees. The performance- and time-based RSUs will vest only upon the\nachievement of specified Company stock price and revenue performance goals\nduring the performance period beginning October 1, 2025, and ending December\n31, 2030, as well as satisfaction of the applicable time-based vesting\nrequirements over a four-year period, in each case subject to the employee’s\ncontinued employment through the applicable vesting date.\n\nOn August 3, 2026, the Compensation Committee also granted: (i) an aggregate\nof 14,292 RSUs on the same terms as the time-based RSUs described above to\nthree newly hired employees; (ii) an aggregate of 7,550 time- and\nperformance-based RSUs to two of the three newly hired employees, which vest\nupon the achievement of specified dollar-volume loan production targets; and\n(iii) 2,000 time- and performance-based RSUs to one of the three newly hired\nemployees, in each case under clauses (ii) and (iii), subject to the\napplicable employee’s continued employment with the Company.\n\nThe Inducement Plan is used exclusively for the grant of equity awards to\nindividuals who were not previously employees or directors of Better, or\nfollowing a bona fide period of non-employment, as an inducement material to\nsuch individuals’ entering into employment with the Company, pursuant to\nNasdaq Listing Rule 5635(c)(4). The Inducement Plan was adopted by the Board\non February 11, 2026.\n\nAbout Better Home & Finance Holding Company\n\nBetter Home & Finance Holding Company (NASDAQ: BETR) is the first\nAI-native mortgage and home equity finance platform, and first fintech to fund\nmore than $110 billion in loan volume. Since 2016, Better has leveraged its\nindustry-leading AI platform, Tinman(®), to achieve a singular mission of\nmaking homeownership cheaper, faster, and easier for all Americans. Tinman(®)\nallows customers to see their rate options in seconds, get pre-approved in\nminutes, lock in rates, and close their loan in as little as three weeks. In\naddition, Betsy(®), leveraging Tinman(®) MCP, the first AI loan agent built\nexclusively for the mortgage industry, is revolutionizing the homebuying\njourney by delivering timely application status updates to consumers,\nanswering questions, and moving their loan application along 24/7/365.\nBetter’s mortgage offerings include GSE-conforming, FHA, VA loans, jumbo,\nand Non-QM mortgage loans as well as home equity loans. Better serves\ncustomers in all 50 US states.\n\nFor more information, follow @betterdotcom on Instagram and TikTok and\n@betrmortgage on X.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260807354070/en/\n(https://www.businesswire.com/news/home/20260807354070/en/)\n\nFor investor relations related inquiries, please reach out to ir@better.com\n(mailto:ir@better.com) .\n\n\n\nFor press and media related inquiries, please reach out to comms@better.com\n(mailto:comms@better.com) .\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7YNq8ya","title":"Better Home & Finance Holding Company Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)","author":"Business Wire","ticker":"BETR","created":"2026-08-07T20:05:00.236Z","tickers":["BETR","BETRW"],"exchange":"NASDAQ","article_body":"Better Home & Finance Holding Company Announces Inducement Grants Under\nNasdaq Listing Rule 5635(c)(4)\n\nBetter Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better”\nor the “Company”) today announced recent equity-based incentive awards\nmade under the Company’s 2026 Inducement Incentive Plan (the “Inducement\nPlan”) on August 7, 2026.\n\nThe awards include grants made by the Compensation, Corporate Governance and\nNominations Committee (the “Compensation Committee”) of the Company’s\nBoard of Directors on May 21, 2026, to 11 newly hired employees and consisted\nof the following awards: (i) an aggregate of 49,260 time-based restricted\nstock units (“RSUs”), 25% of which vest on the first anniversary of the\napplicable employee’s start date, with the remaining 75% vesting in equal\nquarterly installments over the following three years, in each case subject to\nthe employee’s continued employment through the applicable vesting date; and\n(ii) 10,000 performance- and time-based RSUs granted to one of the 11\nemployees. The performance- and time-based RSUs will vest only upon the\nachievement of specified Company stock price and revenue performance goals\nduring the performance period beginning October 1, 2025, and ending December\n31, 2030, as well as satisfaction of the applicable time-based vesting\nrequirements over a four-year period, in each case subject to the employee’s\ncontinued employment through the applicable vesting date.\n\nOn August 3, 2026, the Compensation Committee also granted: (i) an aggregate\nof 14,292 RSUs on the same terms as the time-based RSUs described above to\nthree newly hired employees; (ii) an aggregate of 7,550 time- and\nperformance-based RSUs to two of the three newly hired employees, which vest\nupon the achievement of specified dollar-volume loan production targets; and\n(iii) 2,000 time- and performance-based RSUs to one of the three newly hired\nemployees, in each case under clauses (ii) and (iii), subject to the\napplicable employee’s continued employment with the Company.\n\nThe Inducement Plan is used exclusively for the grant of equity awards to\nindividuals who were not previously employees or directors of Better, or\nfollowing a bona fide period of non-employment, as an inducement material to\nsuch individuals’ entering into employment with the Company, pursuant to\nNasdaq Listing Rule 5635(c)(4). The Inducement Plan was adopted by the Board\non February 11, 2026.\n\nAbout Better Home & Finance Holding Company\n\nBetter Home & Finance Holding Company (NASDAQ: BETR) is the first\nAI-native mortgage and home equity finance platform, and first fintech to fund\nmore than $110 billion in loan volume. Since 2016, Better has leveraged its\nindustry-leading AI platform, Tinman(®), to achieve a singular mission of\nmaking homeownership cheaper, faster, and easier for all Americans. Tinman(®)\nallows customers to see their rate options in seconds, get pre-approved in\nminutes, lock in rates, and close their loan in as little as three weeks. In\naddition, Betsy(®), leveraging Tinman(®) MCP, the first AI loan agent built\nexclusively for the mortgage industry, is revolutionizing the homebuying\njourney by delivering timely application status updates to consumers,\nanswering questions, and moving their loan application along 24/7/365.\nBetter’s mortgage offerings include GSE-conforming, FHA, VA loans, jumbo,\nand Non-QM mortgage loans as well as home equity loans. Better serves\ncustomers in all 50 US states.\n\nFor more information, follow @betterdotcom on Instagram and TikTok and\n@betrmortgage on X.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260807354070/en/\n(https://www.businesswire.com/news/home/20260807354070/en/)\n\nFor investor relations related inquiries, please reach out to ir@better.com\n(mailto:ir@better.com) .\n\n\n\nFor press and media related inquiries, please reach out to comms@better.com\n(mailto:comms@better.com) .\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-08-07T20:05:00.367194005Z","server_sent_at_ms":1786133100367},"received_at":"2026-08-07T20:05:00.459Z","source_url":"https://www.businesswire.com/news/home/20260807354070/en/"},"analysis":{"id":"102195","press_release_id":"113193","analysis_json":{"industry":{"label":"Banks","sector":"Financials"},"redFlags":[],"eventType":"other","narrative":"Better Home & Finance disclosed equity-based incentive awards granted to 14 newly hired employees under its 2026 Inducement Plan.\n\nThe awards, made in May and August, consist of time-based RSUs and performance-based RSUs tied to stock price, revenue targets, and loan production volume.\n\nThese grants were issued as an employment inducement pursuant to Nasdaq Listing Rule 5635(c)(4) and are subject to standard vesting schedules contingent on continued employment.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine inducement grant disclosure under Nasdaq Rule 5635(c)(4)."},"keyFigures":{"customDimensions":{"time_based_rsus_aug_3":14292,"historical_loan_volume":"$110 billion","time_based_rsus_may_21":49260,"performance_rsus_may_21":10000,"performance_rsus_aug_3_group_1":7550,"performance_rsus_aug_3_group_2":2000}},"quotedText":"","namedEntities":{"people":[],"products":["Tinman(®)","Betsy(®)"],"companies":[{"name":"Better Home & Finance Holding Company","ticker":"BETR"},{"name":"Nasdaq","relationship":"exchange"}],"dollarAmounts":[{"amount":"$110 billion","context":"historical loan volume funded"}]},"materialImpact":{"score":1,"reasoning":"Routine disclosure of equity inducement awards to 14 newly hired employees under Nasdaq rules. The aggregate number of shares (approx. 83k) is financially immaterial and the filing is primarily for regulatory compliance regarding employment compensation."},"tickerRelevance":{"others":[{"ticker":"BETRW","relevance":"warrant"}],"primary":"BETR"},"globalImportance":5,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small_cap","eventGravity":"routine_compensation_disclosure"}},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Better Home & Finance disclosed equity-based incentive awards granted to 14 newly hired employees under its 2026 Inducement Plan.\n\nThe awards, made in May and August, consist of time-based RSUs and performance-based RSUs tied to stock price, revenue targets, and loan production volume.\n\nThese grants were issued as an employment inducement pursuant to Nasdaq Listing Rule 5635(c)(4) and are subject to standard vesting schedules contingent on continued employment.","key_figures":{"customDimensions":{"time_based_rsus_aug_3":14292,"historical_loan_volume":"$110 billion","time_based_rsus_may_21":49260,"performance_rsus_may_21":10000,"performance_rsus_aug_3_group_1":7550,"performance_rsus_aug_3_group_2":2000}},"named_entities":{"people":[],"products":["Tinman(®)","Betsy(®)"],"companies":[{"name":"Better Home & Finance Holding Company","ticker":"BETR"},{"name":"Nasdaq","relationship":"exchange"}],"dollarAmounts":[{"amount":"$110 billion","context":"historical loan volume funded"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-07T20:18:53.125Z","global_importance":5,"audience_relevance":10,"importance_components":{"tickerTier":"small_cap","eventGravity":"routine_compensation_disclosure"}},"durationMs":253877,"modelName":"glm-4.7"}}