Brighthouse (BHF) director gains RSUs and defers vested stock units
Rhea-AI Filing Summary
Brighthouse Financial director Stephen C. Hooley reported stock-based compensation and deferral activity. He received a grant of 2,651 Restricted Stock Units (RSUs) for service on the board, each representing one share of Brighthouse Financial common stock.
These new RSUs will vest on the earlier of the first anniversary of the grant date or the 2027 annual meeting of stockholders and will then be deferred under the company’s deferred compensation plan. Separately, RSUs that vested on the date of the 2026 annual meeting were converted into 2,837 deferred RSUs, which will be settled in shares or cash after his board service ends or according to his deferral election. All transactions are compensation-related grants and conversions, with no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,837 | $0.00 | -- |
| Exercise | Deferred Restricted Stock Units | 2,837 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 2,651 | $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. Vested shares will be deferred in accordance with the Reporting Person's deferral election pursuant to the Deferred Compensation Plan.