How do the performance share units (PSUs) factor into this Brighthouse Financial (BHF) Form 4?

The Form 4 notes shares earned under a 2023 PSU award, based on performance over the 2023–2025 period. Upon vesting, these PSUs paid out in Brighthouse common stock, and some resulting shares were withheld to cover tax obligations arising from the PSU vesting.

Brighthouse officer reports stock awards, tax share use

Brighthouse Financial, Inc. Chief Accounting Officer Melissa B. Pavlovich reported equity compensation activity involving both stock units and common shares.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Brighthouse Financial, Inc. Chief Accounting Officer Melissa B. Pavlovich reported equity compensation activity involving both stock units and common shares. On February 27 and March 2, 2026, performance share units and restricted stock units vested and converted into common stock, and she also received new RSU and stock awards. A total of 468 and 388 common shares were withheld at a price of $59.98 per share to cover tax obligations on the PSU and RSU vesting, rather than being sold in open-market transactions.

Insider Trade Summary

1,383 shares exercised/converted

Exercise 8 txns

Insider Pavlovich Melissa B.

Role Chief Accounting Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	413	$0.00	$0.00
Exercise	Restricted Stock Units	538	$0.00	$0.00
Exercise	Restricted Stock Units	432	$0.00	$0.00
Grant/Award	Restricted Stock Units	3,659	$0.00	$0.00
Exercise	Common Stock	1,383	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	468	$59.98	$28K
Grant/Award	Common Stock	1,302	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	388	$59.98	$23K

Holdings After Transaction: Restricted Stock Units — 5,059 contracts (Direct); Common Stock — 8,651 shares (Direct)

Footnotes (9)

F1. Shares earned under the 2023 Performance Share Unit ("PSUs") award based on the achievement of performance goals over the 2023-2025 performance period.
F2. Shares withheld to cover tax obligations in connection with the vesting of PSUs.
F3. Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2023, March 2024 and March 2025.
F4. Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F5. Shares withheld to cover tax obligations in connection with the vesting of RSUs.
F6. Represents the vesting of the final vesting of tranche of the 2023 RSU award.
F7. Represents the vesting of the second of three tranches of the 2024 RSU award. The final tranche will vest on the first business day in March 2027.
F8. Represents the 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.
F9. RSUs awarded in 2026 will vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Brighthouse Financial (BHF) insider Melissa Pavlovich report on this Form 4?

Melissa Pavlovich reported vesting and conversion of performance share units and restricted stock units into common stock, along with new RSU and stock awards. The filing also shows shares withheld to satisfy tax obligations tied to these equity vesting events.

Were any of Melissa Pavlovich’s Brighthouse Financial (BHF) transactions open-market buys or sells?

No open-market purchases or sales are reported. The transactions reflect equity award vesting, derivative conversions, and grants, plus share dispositions coded “F” that represent tax withholding, where shares are delivered to cover tax liabilities rather than sold on the open market.

How many Brighthouse Financial (BHF) shares were withheld for taxes in this Form 4?

The filing shows 468 common shares and 388 common shares, each at $59.98 per share, delivered to cover tax obligations. These “F” coded transactions relate to the vesting of performance share units and restricted stock units, rather than discretionary selling activity.

What restricted stock unit (RSU) activity did Melissa Pavlovich report for Brighthouse Financial (BHF)?

She reported multiple RSU tranches vesting and converting into common stock, along with a new grant of 3,659 RSUs. Footnotes explain that RSUs from 2023, 2024, 2025, and 2026 awards vest in scheduled tranches over several years, each RSU representing one share of common stock.

What future vesting schedule is disclosed for Brighthouse Financial (BHF) RSU awards?

Footnotes state remaining RSU tranches from 2024 and 2025 awards vest on the first business days of March 2027 and March 2028. RSUs awarded in 2026 will vest in three substantially equal installments in March 2027, March 2028, and March 2029, subject to award terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 03/02/2026 - 06:30 PM EST

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^*

Pavlovich Melissa B.

(Last)

(First)

(Middle)

11225 NORTH COMMUNITY HOUSE ROAD

(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)
	Chief Accounting 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		1,302⁽¹⁾	A	$0	8,124	D
Common Stock	02/27/2026		F		388⁽²⁾	D	$59.98	7,736	D
Common Stock	03/02/2026		M		1,383⁽³⁾	A	⁽⁴⁾	9,119	D
Common Stock	03/02/2026		F		468⁽⁵⁾	D	$59.98	8,651	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			413	⁽⁶⁾	⁽⁶⁾	Common Stock	413	$0	0	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		M			538	⁽⁷⁾	⁽⁷⁾	Common Stock	538	$0	538	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		M			432	⁽⁸⁾	⁽⁸⁾	Common Stock	432	$0	862	D
Restricted Stock Units	⁽⁴⁾	03/02/2026		A		3,659		⁽⁹⁾	⁽⁹⁾	Common Stock	3,659	$0	3,659	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 vesting of tranche of the 2023 RSU award.

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

8. Represents the 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 will vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

Remarks:

	/s/ Jacob J. Jenkelowitz, Attorney-in-Fact, on behalf of Melissa B. Pavlovich	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