Equity awards and tax share withholdings for Brighthouse (NASDAQ: BHF) officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brighthouse Financial, Inc. Chief Accounting Officer Melissa B. Pavlovich reported equity compensation activity involving both stock units and common shares. On February 27 and March 2, 2026, performance share units and restricted stock units vested and converted into common stock, and she also received new RSU and stock awards. A total of 468 and 388 common shares were withheld at a price of $59.98 per share to cover tax obligations on the PSU and RSU vesting, rather than being sold in open-market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,383 shares exercised/converted
Mixed
8 txns
Insider
Pavlovich Melissa B.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 413 | $0.00 | -- |
| Exercise | Restricted Stock Units | 538 | $0.00 | -- |
| Exercise | Restricted Stock Units | 432 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,659 | $0.00 | -- |
| Exercise | Common Stock | 1,383 | $0.00 | -- |
| Tax Withholding | Common Stock | 468 | $59.98 | $28K |
| Grant/Award | Common Stock | 1,302 | $0.00 | -- |
| Tax Withholding | Common Stock | 388 | $59.98 | $23K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 9,119 shares (Direct)
Footnotes (1)
- Shares earned under the 2023 Performance Share Unit ("PSUs") award based on the achievement of performance goals over the 2023-2025 performance period. Shares withheld to cover tax obligations in connection with the vesting of PSUs. Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2023, March 2024 and March 2025. Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock. Shares withheld to cover tax obligations in connection with the vesting of RSUs. Represents the vesting of the final vesting of tranche of the 2023 RSU award. Represents the vesting of the second of three tranches of the 2024 RSU award. The final tranche will vest on the first business day in March 2027. Represents the vesting of the first of three tranches of the 2025 RSU award. The remaining tranches will vest in substantially equal installments on the first business day in March 2027 and March 2028. RSUs awarded in 2026 will vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.
FAQ
What did Brighthouse Financial (BHF) insider Melissa Pavlovich report on this Form 4?
Melissa Pavlovich reported vesting and conversion of performance share units and restricted stock units into common stock, along with new RSU and stock awards. The filing also shows shares withheld to satisfy tax obligations tied to these equity vesting events.
Were any of Melissa Pavlovich’s Brighthouse Financial (BHF) transactions open-market buys or sells?
No open-market purchases or sales are reported. The transactions reflect equity award vesting, derivative conversions, and grants, plus share dispositions coded “F” that represent tax withholding, where shares are delivered to cover tax liabilities rather than sold on the open market.
What restricted stock unit (RSU) activity did Melissa Pavlovich report for Brighthouse Financial (BHF)?
She reported multiple RSU tranches vesting and converting into common stock, along with a new grant of 3,659 RSUs. Footnotes explain that RSUs from 2023, 2024, 2025, and 2026 awards vest in scheduled tranches over several years, each RSU representing one share of common stock.
What future vesting schedule is disclosed for Brighthouse Financial (BHF) RSU awards?
Footnotes state remaining RSU tranches from 2024 and 2025 awards vest on the first business days of March 2027 and March 2028. RSUs awarded in 2026 will vest in three substantially equal installments in March 2027, March 2028, and March 2029, subject to award terms.