Brighthouse (BHF) director Inserra exercises stock units and receives new RSU grant
Rhea-AI Filing Summary
Brighthouse Financial, Inc. director Michael J. Inserra reported equity compensation-related transactions in company stock. On 2026-06-02, he exercised previously granted restricted stock units and deferred restricted stock units to acquire 1,418 shares of Common Stock at a stated price of $0.00 per share, reflecting the conversion of vested awards rather than an open-market purchase.
Inserra also received a new grant of 2,651 Restricted Stock Units for service on the Board under the company’s 2017 Non-Management Director Stock Compensation Plan. The filing shows 4,256 derivative units were exercised or converted in total, and after these transactions he directly holds 9,116 shares of Common Stock. He also holds 3,618 Deferred Restricted Stock Units, which represent rights to receive Brighthouse common stock or equivalent cash in the future in line with his deferral elections and service as a director.
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- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,418 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,419 | $0.00 | -- |
| Exercise | Deferred Restricted Stock Units | 1,419 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,651 | $0.00 | -- |
| Exercise | Common Stock | 1,418 | $0.00 | -- |
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 Reporting Person has elected to defer these shares pursuant to the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors (the "Deferred Compensation Plan"). Payment of the shares will be made (i) in accordance with the Reporting Person's deferral election; or, if earlier, (ii) starting upon termination of the Reporting Person's service as a Director. Each deferred RSU represents the deferred right to receive one share of BHF common stock, or a cash payment equal to the value of one share of BHF common stock. 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. Certain vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Deferred Compensation Plan.