Brighthouse Financial (NYSE: BHF) COO logs PSU/RSU vesting and tax share withholding

Q: How many new Restricted Stock Units did BHF grant to Myles Lambert?

Brighthouse Financial granted Myles Lambert 35,595 Restricted Stock Units . Each RSU represents the contingent right to receive one share of common stock, vesting in substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

Q: Were any Brighthouse Financial shares sold on the open market in this Form 4?

The Form 4 shows dispositions coded as F , meaning shares were withheld to pay exercise price or tax liabilities. These entries indicate tax-withholding dispositions of stock, not open-market sales or discretionary selling transactions by Myles Lambert.

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Brighthouse Financial EVP and COO Myles Lambert reported multiple equity compensation transactions involving performance and restricted stock. On 2026-03-02, he acquired common shares through the vesting and conversion of Restricted Stock Units and Performance Share Units, with some shares withheld to cover related tax obligations. He also received a new grant of 35,595 Restricted Stock Units, each representing the right to one share of Brighthouse Financial common stock, which will vest in installments through 2029-03 as described in the award terms. Separate awards granted in 2023, 2024 and 2025 continued to vest in scheduled tranches, with additional shares withheld at a price of $59.98 per share to satisfy tax liabilities. After these transactions, Lambert directly owned 49,788 shares of Brighthouse Financial common stock.

Insider Trade Summary

9,420 shares exercised/converted

Mixed 8 txns

Insider Lambert Myles

Role EVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,742	$0.00	--
Exercise	Restricted Stock Units	3,755	$0.00	--
Exercise	Restricted Stock Units	2,923	$0.00	--
Grant/Award	Restricted Stock Units	35,595	$0.00	--
Exercise	Common Stock	9,420	$0.00	--
Tax Withholding	Common Stock	4,843	$59.98	$290K
Grant/Award	Common Stock	12,955	$0.00	--
Tax Withholding	Common Stock	6,600	$59.98	$396K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 54,631 shares (Direct)

Footnotes (1)

Shares earned under the 2023 Performance Share Unit ("PSUs") award based on the achievement of performance goals over the 2023-2025 performance period. Shares withheld to cover tax obligations in connection with the vesting of PSUs. Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2023, March 2024 and March 2025. Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock. Shares withheld to cover tax obligations in connection with the vesting of RSUs. Represents the vesting of the final tranche of the 2023 RSU award. Represents the vesting of the second of three tranches of the 2024 RSU award. The remaining tranche will vest on the first business day in March 2027. Represents vesting of the first of three tranches of the 2025 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2027 and March 2028. RSUs awarded in 2026 vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

Form 4 Insider Transactions: What Each Field Means →

03/02/2026 - 06:24 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lambert Myles

(Last)

(First)

(Middle)

11225 N COMMUNITY HOUSE RD

(Street)

CHARLOTTE

28277

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Brighthouse Financial, Inc. [ BHF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/27/2026		A		12,955⁽¹⁾	A	$0	51,811	D
Common Stock	02/27/2026		F		6,600⁽²⁾	D	$59.98	45,211	D
Common Stock	03/02/2026		M		9,420⁽³⁾	A	⁽⁴⁾	54,631	D
Common Stock	03/02/2026		F		4,843⁽⁵⁾	D	$59.98	49,788	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽⁴⁾	03/02/2026		M			2,742	⁽⁶⁾	⁽⁶⁾	Common Stock	2,742	$0	0	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		M			3,755	⁽⁷⁾	⁽⁷⁾	Common Stock	3,755	$0	3,755	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		M			2,923	⁽⁸⁾	⁽⁸⁾	Common Stock	2,923	$0	5,844	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		A		35,595		⁽⁹⁾	⁽⁹⁾	Common Stock	35,595	$0	35,595	D

Explanation of Responses:

1. Shares earned under the 2023 Performance Share Unit ("PSUs") award based on the achievement of performance goals over the 2023-2025 performance period.

2. Shares withheld to cover tax obligations in connection with the vesting of PSUs.

3. Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2023, March 2024 and March 2025.

4. Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.

5. Shares withheld to cover tax obligations in connection with the vesting of RSUs.

6. Represents the vesting of the final tranche of the 2023 RSU award.

7. Represents the vesting of the second of three tranches of the 2024 RSU award. The remaining tranche will vest on the first business day in March 2027.

8. Represents vesting of the first of three tranches of the 2025 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2027 and March 2028.

9. RSUs awarded in 2026 vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

Remarks:

	/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Myles J. Lambert	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did Brighthouse Financial (BHF) EVP Myles Lambert report in this Form 4?

Myles Lambert reported equity compensation activity, including vesting of performance and restricted stock units, new Restricted Stock Unit grants, and shares of Brighthouse Financial common stock withheld to satisfy related tax obligations under these awards.

How many new Restricted Stock Units did BHF grant to Myles Lambert?

Brighthouse Financial granted Myles Lambert 35,595 Restricted Stock Units. Each RSU represents the contingent right to receive one share of common stock, vesting in substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

How many Brighthouse Financial common shares does Myles Lambert now hold?

After the reported transactions, Myles Lambert directly held 49,788 shares of Brighthouse Financial common stock. This figure reflects both new shares from award vesting and shares withheld to cover tax obligations tied to those equity awards.

Were any Brighthouse Financial shares sold on the open market in this Form 4?

The Form 4 shows dispositions coded as F, meaning shares were withheld to pay exercise price or tax liabilities. These entries indicate tax-withholding dispositions of stock, not open-market sales or discretionary selling transactions by Myles Lambert.

What is the vesting schedule for Myles Lambert’s 2026 Restricted Stock Units at BHF?

The 2026 RSUs awarded to Myles Lambert vest in three substantially equal installments. Vesting occurs on the first business day in March 2027, March 2028 and March 2029, subject to the terms and conditions of the underlying award agreement.

How were performance goals involved in Myles Lambert’s Brighthouse Financial awards?

Some shares reported were earned under the 2023 Performance Share Unit award. Vesting depended on the achievement of performance goals measured over the 2023–2025 performance period, after which the earned PSUs paid out in Brighthouse Financial common shares.