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Better Home & Finance's Thor Bjorgolfsson sells shares worth $572,903

Published 17/12/2024, 11:04
BETR
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Thor Bjorgolfsson, a significant shareholder of Better Home & Finance Holding Co (NASDAQ:BETR), has recently executed a series of stock sales, according to a Form 4 filing with the Securities and Exchange Commission. The transactions, which took place on December 12 and 13, involved the sale of 50,698 shares of Class A Common Stock. These shares were sold at prices ranging from $11.296 to $12.25 per share, amounting to a total transaction value of approximately $572,903.

Following these sales, Bjorgolfsson holds a total of 818,780 shares indirectly through entities over which he may have dispositive and voting control. The shares are held by Novator Capital Sponsor Ltd., NaMa Capital Limited, and Livenandro Holdings Limited, with Bjorgolfsson disclaiming beneficial ownership of the shares owned by these entities. According to InvestingPro analysis, BETR currently shows a WEAK Financial Health score, with the stock trading near its 52-week low of $10.30. Subscribers can access detailed financial metrics and exclusive insights about the company's valuation and future prospects.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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