Equity awards and tax share withholdings for Brighthouse (NASDAQ: BHF) officer

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.

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

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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 NC 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)
			Code	V	Amount	(A) or (D)	Price
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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
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.
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FAQ

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.

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.

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.