---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-022650"
form_type: "8-K"
ticker: "BETR"
cik: "0001835856"
company_name: "Better Home & Finance Holding Co"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:08:41.073420+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Better Home appoints Chad Smith as President & COO of Better Mortgage

## Summary
- Chad Smith, former CEO of Mission Loans, appointed President & COO of Better Mortgage effective May 6, 2024.
- Kevin Ryan remains CFO; he had previously served as President & CFO.
- Smith receives $1M base salary, 100% target bonus (min $500K first year), 4M RSUs and 4M performance-based RSUs.
- RSUs vest: 25% at 12 months, remainder quarterly over 3 years; performance RSUs also subject to market conditions.
- Severance: 6 months salary plus prorated minimum bonus if terminated before 12 months; 3 months salary after.

## SEC filing metadata
- accession: 0001628280-24-022650
- form_type: 8-K
- ticker: BETR
- cik: 0001835856
- company_name: Better Home & Finance Holding Co
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835856/000162828024022650/0001628280-24-022650-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835856/000162828024022650/betr-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-022650
- JSON: https://secwatch.observer/filing/0001628280-24-022650.json
- Plain text: https://secwatch.observer/filing/0001628280-24-022650.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.