Brighthouse Financial (BHF) director Wetzel exercises 2,837 RSUs and receives 2,651-unit grant
Rhea-AI Filing Summary
Brighthouse Financial, Inc. director Paul M. Wetzel reported equity compensation and related movements in company stock. He exercised 2,837 Restricted Stock Units (RSUs) into the same number of shares of common stock on June 2, 2026, reflecting an option-like conversion rather than an open-market purchase. Following this exercise, his direct common stock holdings increased to 23,663 shares. On the same date, he received a new grant of 2,651 RSUs as an award for service as a Board member under Brighthouse Financial’s 2017 Non-Management Director Stock Compensation Plan. These RSUs each represent the contingent right to receive one share of common stock and will vest on the earlier of the first anniversary of the grant or the 2027 annual stockholders meeting. The filing also shows 9 shares of common stock held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,837 shares exercised/converted
Mixed
4 txns
Insider
Wetzel Paul M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,837 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,651 | $0.00 | -- |
| Exercise | Common Stock | 2,837 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 23,663 shares (Direct);
Common Stock — 9 shares (Indirect, Shares held by spouse)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock. Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan. The RSUs vested on the date of the 2026 annual meeting of stockholders of BHF. The RSUs will vest on the earlier of the first anniversary of the grant date or the date of the 2027 annual meeting of stockholders of BHF.
Key Figures
RSUs exercised: 2,837 units
New RSU grant: 2,651 units
Direct common shares after transactions: 23,663 shares
+3 more
6 metrics
RSUs exercised
2,837 units
Converted into 2,837 shares of common stock on June 2, 2026
New RSU grant
2,651 units
Award for Board service under 2017 Non-Management Director Stock Compensation Plan
Direct common shares after transactions
23,663 shares
Total direct holdings following RSU exercise on June 2, 2026
Indirect common shares via spouse
9 shares
Indirect ownership attributed to spouse as of June 2, 2026
Exercise price per RSU
$0.00 per unit
RSU exercises and grant reported at zero dollar price
Underlying shares for new RSU grant
2,651 shares
Each RSU represents right to one BHF common share
Key Terms
Restricted Stock Unit, derivative security, 2017 Non-Management Director Stock Compensation Plan, indirect ownership, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
2017 Non-Management Director Stock Compensation Plan financial
"Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan."
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: Shares held by spouse"
vesting financial
"The RSUs vested on the date of the 2026 annual meeting of stockholders of BHF."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Brighthouse Financial (BHF) director Paul M. Wetzel report?
Paul M. Wetzel reported exercising 2,837 Restricted Stock Units into common stock and receiving a new grant of 2,651 RSUs. These transactions are compensation-related awards and conversions, not open-market buying or selling of Brighthouse Financial shares.
What are the terms of the new 2,651 RSU grant to Brighthouse Financial (BHF) director Wetzel?
Wetzel received 2,651 Restricted Stock Units as a Board service award under the 2017 Non-Management Director Stock Compensation Plan. Each RSU represents a right to one BHF share and will vest on the earlier of the first anniversary of grant or the 2027 annual meeting.
What does the RSU vesting disclosure mean for Brighthouse Financial (BHF) director compensation?
The filing explains that RSUs vest in connection with Brighthouse Financial’s annual stockholders meetings. Previously granted RSUs vested on the 2026 meeting date, while the new 2,651-unit award will vest by the 2027 meeting or the grant’s first anniversary.