Brighthouse Financial (BHF) director defers RSU award and holds 20,820 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brighthouse Financial, Inc. director Eileen A. Mallesch reported equity compensation and related conversions, not open‑market trades. On 2026-06-02, she received an award of 2,651 Restricted Stock Units for service as a Board member under the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan. These RSUs will vest on the earlier of the first anniversary of the grant date or the date of the 2027 annual meeting of stockholders and each unit represents the right to receive one share of Brighthouse Financial common stock.
On the same date, 2,837 RSUs that had vested at the 2026 annual meeting were exercised and deferred into Deferred Restricted Stock Units under the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors. Each deferred unit represents the right to receive one share of common stock or a cash amount equal to one share’s value, with payout timing based on the director’s deferral election or, if earlier, upon termination of Board service. Following these actions, Mallesch held 20,820 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,674 shares exercised/converted
Mixed
3 txns
Insider
MALLESCH EILEEN A
Role
null
| 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 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Deferred Restricted Stock Units — 20,820 shares (Direct, null)
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.
Key Figures
RSU award: 2,651 units
RSUs converted: 2,837 units
Common shares after transactions: 20,820 shares
+2 more
5 metrics
RSU award
2,651 units
Board member grant on 2026-06-02
RSUs converted
2,837 units
RSUs vested at 2026 annual meeting and deferred
Common shares after transactions
20,820 shares
Directly held following derivative exercises
Derivative exercises
5,674 units
Total derivative shares exercised or converted
Exercise price
$0.00 per unit
RSU and deferred RSU exercises/conversions
Key Terms
Restricted Stock Unit, Deferred Restricted Stock Units, Deferred Compensation Plan, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Deferred Restricted Stock Units financial
"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."
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 financial
"The Reporting Person has elected to defer these shares pursuant to the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors."
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
Exercise or conversion of derivative security financial
"Transaction code "M" is described as Exercise or conversion of derivative security."
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."
FAQ
What insider transactions did Brighthouse Financial (BHF) director Eileen Mallesch report?
Eileen Mallesch reported equity awards and conversions, not market trades. She received 2,651 Restricted Stock Units and converted 2,837 vested RSUs into deferred units, increasing her directly held Brighthouse Financial common shares to 20,820.
How many Restricted Stock Units did Eileen Mallesch receive from Brighthouse Financial (BHF)?
She received 2,651 Restricted Stock Units as a Board service award. Each unit represents the contingent right to receive one share of Brighthouse Financial common stock, vesting by the earlier of the first anniversary of grant or the 2027 annual stockholders’ meeting.
What happened to the 2,837 Brighthouse Financial (BHF) RSUs that vested in 2026?
The 2,837 RSUs vested on the 2026 annual meeting date and were converted into Deferred Restricted Stock Units. These deferred units entitle Mallesch to receive either one share of BHF common stock or cash equal to its value at a future payout date.
When will Eileen Mallesch receive payment from the Brighthouse Financial (BHF) deferred units?
Payment from the deferred units will follow her deferral election or, if earlier, begin upon termination of her Board service. Payouts may be in Brighthouse Financial common stock or cash equal to the stock’s value at that time.