Brighthouse Financial (BHF) director receives 3,361 shares via RSUs

Rhea-AI Filing Summary

Brighthouse Financial director Carol Juel exercised compensation-related stock units into common shares. On May 1, 2026, Juel exercised 3,361 shares of Brighthouse Financial, Inc. common stock from vested Restricted Stock Units awarded for board service.

These RSUs were granted under the company’s 2017 Non-Management Director Stock Compensation Plan and had previously vested and been credited to Juel’s deferred compensation account. After the transaction, Juel directly holds 5,157 shares of common stock. The filing also shows 7,553 Deferred Restricted Stock Units recorded in a deferred compensation arrangement, reflecting ongoing equity-based director compensation rather than open-market buying or selling.

Insider Trade Summary

3,361 shares exercised/converted

Mixed 2 txns

Insider Juel Carol

Role null

Type	Security	Shares	Price	Value
Exercise	Deferred Restricted Stock Units	3,361	$0.00	--
Exercise	Common Stock	3,361	$0.00	--

Holdings After Transaction: Deferred Restricted Stock Units — 7,553 shares (Direct, null); Common Stock — 5,157 shares (Direct, null)

Footnotes (1)

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 June 8, 2023 and the vested shares were credited to the Reporting Person's deferred compensation account in accordance with the Reporting Person's deferral election made pursuant to the terms of the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors. The shares are being paid out in accordance with the Reporting Person's deferral election.

Key Figures

RSUs exercised into common stock: 3,361 shares Common shares held after transaction: 5,157 shares Deferred Restricted Stock Units balance: 7,553 units +1 more

4 metrics

RSUs exercised into common stock 3,361 shares Exercise of Restricted Stock Units on May 1, 2026

Common shares held after transaction 5,157 shares Direct ownership following May 1, 2026 transactions

Deferred Restricted Stock Units balance 7,553 units Deferred Restricted Stock Units shown after transaction

Derivative exercises in this filing 3,361 shares transactionSummary exerciseShares for derivative exercises

Key Terms

Restricted Stock Unit ("RSU"), Deferred Restricted Stock Units, Deferred Compensation Plan for Non-Management Directors, 2017 Non-Management Director Stock Compensation Plan

4 terms

Restricted Stock Unit ("RSU") financial

"Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share"

Deferred Restricted Stock Units financial

"The RSUs vested ... and the vested shares were credited to the Reporting Person's deferred compensation account"

Deferred restricted stock units are promises by a company to give employees or executives company shares at a future date, subject to conditions like continued employment or performance targets; the delivery and tax event are intentionally delayed. They matter to investors because they affect when new shares may be issued and how executives are motivated—like a paycheck held in escrow that vests over time, influencing potential share dilution and management behavior.

Deferred Compensation Plan for Non-Management Directors financial

"pursuant to the terms of the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors"

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"

Form 4 Insider Transactions: What Each Field Means →

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^*

Juel Carol

(Last) (First) (Middle)

11225 N COMMUNITY HOUSE RD

(Street)

CHARLOTTE NORTH CAROLINA 28277

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026

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

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

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

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	05/01/2026		M		3,361	A	$0(1)	5,157	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
Deferred Restricted Stock Units	(1)	05/01/2026		M			3,361(2)	(3)	(3)	Common Stock	0	$0	7,553	D

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.

2. Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan.

3. The RSUs vested on June 8, 2023 and the vested shares were credited to the Reporting Person's deferred compensation account in accordance with the Reporting Person's deferral election made pursuant to the terms of the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors. The shares are being paid out in accordance with the Reporting Person's deferral election.

Remarks:

	/s/ Alexander V. Ulianov, Attorney-in-Fact, on behalf of Carol Juel	05/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Brighthouse Financial (BHF) report for Carol Juel?

Brighthouse Financial reported that director Carol Juel exercised 3,361 Restricted Stock Units into common stock. These units were part of her board compensation and had already vested under the company’s director stock compensation and deferred compensation plans.

Was Carol Juel’s Brighthouse (BHF) Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a derivative exercise, not an open-market purchase. Juel converted vested Restricted Stock Units granted for board service into common shares under company compensation and deferred compensation plans, with no reported market trade price.

How many Brighthouse Financial (BHF) shares does Carol Juel hold after this Form 4?

After the reported transactions, director Carol Juel directly holds 5,157 shares of Brighthouse Financial common stock. The filing also discloses 7,553 Deferred Restricted Stock Units in her deferred compensation account, tied to prior equity awards for board service.

What are the Restricted Stock Units mentioned in Brighthouse (BHF) director Juel’s filing?

Each Restricted Stock Unit (RSU) in this filing represents the contingent right to receive one Brighthouse Financial common share. The RSUs were granted for board service, vested previously, and are paid out or deferred according to Juel’s compensation deferral elections.

Which compensation plans govern Carol Juel’s Brighthouse Financial (BHF) equity awards?

The equity awards are tied to the 2017 Non-Management Director Stock Compensation Plan and the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors. These plans govern RSU grants, vesting, and how vested shares are credited and later paid to directors.