Every 8-K that Brighthouse Financial, Inc. (BHFAM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BHFAM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BHFAM filings page.
Brighthouse Financial, Inc. (BHF) announced a leadership change in its finance organization. The Board appointed Richard A. Cook, currently Deputy Chief Accounting Officer, as Chief Accounting Officer effective September 3, 2026, succeeding Melissa B. Pavlovich, whose last day will be September 2, 2026. The company states that Ms. Pavlovich’s departure is not related to its financial statements, disclosures, or accounting principles and practices.
In his new role, Mr. Cook will receive an annual base salary of $425,000, a target annual short-term incentive opportunity of 60% of base salary, and a target long-term incentive opportunity valued at $219,500 under the Brighthouse Financial, Inc. 2017 Stock and Incentive Compensation Plan, all subject to plan terms and performance goals. Mr. Cook, age 50, has been with Brighthouse since 2016 and previously held senior accounting and reporting roles at MetLife and other financial institutions.
Brighthouse Financial reported net income available to shareholders of $956 million for the quarter ended June 30, 2026, or $16.53 per diluted share, compared with $60 million, or $1.02 per diluted share, in the prior-year quarter. Adjusted earnings were $258 million, or $4.45 per diluted share, versus $198 million, or $3.43 per share, with no notable items in either period.
The Annuities segment generated adjusted earnings of $349 million, above both second-quarter 2025 and first-quarter 2026. The Life and Run-off segments reduced adjusted losses to $4 million and $56 million, respectively, while Corporate & Other recorded an adjusted loss of $31 million. Annuity sales were $2.4 billion, up 11% sequentially but down 7% from the year-ago quarter and 5% year-to-date, as lower fixed annuity sales were partly offset by record Shield Level Annuity sales exceeding $2.1 billion; life sales were $39 million, higher both sequentially and year-over-year.
Book value was $4.9 billion, or $84.35 per share, and $9.0 billion excluding AOCI, or $156.10 per share, as of June 30, 2026. Statutory combined total adjusted capital was $4.9 billion, with an estimated combined risk-based capital ratio between 430% and 450%, at the upper end of the 400% to 450% target range, and holding company liquid assets of $0.9 billion. Brighthouse also highlighted its pending all-cash merger under which an affiliate of Aquarian Capital has agreed to acquire the company for $70.00 per share, valuing the transaction at approximately $4.1 billion; all conditions other than specified insurance regulatory approvals have been satisfied or waived, and closing is expected in 2026.
Brighthouse Financial, Inc. held its 2026 Annual Meeting of Stockholders on June 2, 2026, where stockholders voted on three proposals. All nine director nominees listed in the company’s proxy statement were elected to one-year terms ending at the 2027 Annual Meeting, each receiving over 37.4 million votes in favor with relatively few votes against or abstentions.
Stockholders also ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm for fiscal year 2026, with 43,086,381 votes for, 147,967 against and 80,592 abstentions. In addition, stockholders approved the advisory Say-on-Pay resolution on executive compensation, with 37,075,125 votes for, 545,676 against and 177,414 abstentions, alongside 5,516,725 broker non-votes.