{"filing":{"accession_number":"0001140361-26-033888","cik":"0001835856","ticker":"BETRW","company_name":"Better Home \u0026 Finance Holding Co","form":"8-K","filing_date":"2026-08-20","report_date":"2026-08-20","primary_document":"ef20080722_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1835856/000114036126033888/ef20080722_8k.htm"},"events":[{"id":28896,"run_id":26443,"accession_number":"0001140361-26-033888","anchor_item_number":"3.03","event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.88,"summary":"The Special Committee adopted a limited-duration shareholder rights plan (poison pill) effective August 20, 2026, with a 15% triggering threshold and expiration at the 2027 annual meeting, in response to former CEO Vishal Garg's attempt to gain control without a control premium. The plan declares one Right per share of each class of common stock and includes a Certificate of Designation for preferred shares. This defensive governance action materially affects shareholder rights, control dynamics, and investor assessment of voting power.","company_name":"Better Home \u0026 Finance Holding Co","ticker":"BETRW","filing_date":"2026-08-20","form":"8-K","submitted_at":null,"items":[{"id":30975,"accession_number":"0001140361-26-033888","item_number":"1.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses adoption of a shareholder rights plan (poison pill) by the Special Committee in response to former CEO Vishal Garg's effort to gain control without a control premium. While Item 1.01 typically covers M\u0026A agreements, this disclosure centers on a governance defense mechanism—a material definitive agreement that is governance-related rather than a traditional acquisition or disposition. The rights plan is a defensive governance action material to shareholders' assessment of control and voting power.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"","ticker":null,"filing_date":""},{"id":30976,"accession_number":"0001140361-26-033888","item_number":"3.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The Special Committee adopted a limited-duration shareholder rights plan (poison pill) effective August 20, 2026, declaring one Right per share of each class of common stock, with a 15% triggering threshold and expiration at the 2027 annual meeting. This is a material governance event modifying security holder rights in response to an attempted control contest by former CEO Vishal Garg and his group. While the Item 3.03 caption references \"Material Modification to Rights of Security Holders,\" the substance is a defensive governance action—a rights plan adoption—that would materially affect investor assessment of control dynamics and shareholder protections.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"","ticker":null,"filing_date":""},{"id":30977,"accession_number":"0001140361-26-033888","item_number":"5.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses adoption of a shareholder rights plan (poison pill) and filing of a Certificate of Designation for preferred shares in response to a control contest initiated by former CEO Vishal Garg. While Item 5.03 formally addresses amendments to articles/bylaws, the substantive event is a governance defense mechanism adopted by the Special Committee to protect against an unwanted takeover attempt. This is a material governance event affecting shareholder rights and control dynamics, but does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation—it is a board-level governance action distinct from those personnel-focused events.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"","ticker":null,"filing_date":""},{"id":30978,"accession_number":"0001140361-26-033888","item_number":"8.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Company announced adoption of a limited-duration shareholder rights plan (poison pill) and declared a distribution of Rights to all shareholders. While the press release frames this as a \"dividend of Rights,\" the substance is a governance defense mechanism triggered by former CEO Vishal Garg's attempt to gain control without a control premium. This is a material governance event involving board action and shareholder protection, but does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation—it is a defensive governance action distinct from those named types.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":30975,"accession_number":"0001140361-26-033888","item_number":"1.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses adoption of a shareholder rights plan (poison pill) by the Special Committee in response to former CEO Vishal Garg's effort to gain control without a control premium. While Item 1.01 typically covers M\u0026A agreements, this disclosure centers on a governance defense mechanism—a material definitive agreement that is governance-related rather than a traditional acquisition or disposition. The rights plan is a defensive governance action material to shareholders' assessment of control and voting power.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"Better Home \u0026 Finance Holding Co","ticker":"BETRW","filing_date":"2026-08-20"},{"id":30976,"accession_number":"0001140361-26-033888","item_number":"3.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.92,"reasoning":"The Special Committee adopted a limited-duration shareholder rights plan (poison pill) effective August 20, 2026, declaring one Right per share of each class of common stock, with a 15% triggering threshold and expiration at the 2027 annual meeting. This is a material governance event modifying security holder rights in response to an attempted control contest by former CEO Vishal Garg and his group. While the Item 3.03 caption references \"Material Modification to Rights of Security Holders,\" the substance is a defensive governance action—a rights plan adoption—that would materially affect investor assessment of control dynamics and shareholder protections.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"Better Home \u0026 Finance Holding Co","ticker":"BETRW","filing_date":"2026-08-20"},{"id":30977,"accession_number":"0001140361-26-033888","item_number":"5.03","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.85,"reasoning":"The filing discloses adoption of a shareholder rights plan (poison pill) and filing of a Certificate of Designation for preferred shares in response to a control contest initiated by former CEO Vishal Garg. While Item 5.03 formally addresses amendments to articles/bylaws, the substantive event is a governance defense mechanism adopted by the Special Committee to protect against an unwanted takeover attempt. This is a material governance event affecting shareholder rights and control dynamics, but does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation—it is a board-level governance action distinct from those personnel-focused events.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"Better Home \u0026 Finance Holding Co","ticker":"BETRW","filing_date":"2026-08-20"},{"id":30978,"accession_number":"0001140361-26-033888","item_number":"8.01","item_title":null,"event_type":"governance_other","event_domain":"governance","is_material":true,"confidence":0.75,"reasoning":"The Company announced adoption of a limited-duration shareholder rights plan (poison pill) and declared a distribution of Rights to all shareholders. While the press release frames this as a \"dividend of Rights,\" the substance is a governance defense mechanism triggered by former CEO Vishal Garg's attempt to gain control without a control premium. This is a material governance event involving board action and shareholder protection, but does not fit the specific categories of exec_departure, exec_appointment, or exec_compensation—it is a defensive governance action distinct from those named types.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-20T20:28:50.363742+00:00","company_name":"Better Home \u0026 Finance Holding Co","ticker":"BETRW","filing_date":"2026-08-20"}]}