Brighthouse Financial (BHF) CAO nets 12,644 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brighthouse Financial, Inc. Chief Accounting Officer Melissa B. Pavlovich reported routine equity compensation activity. She exercised and settled 5,581 Restricted Stock Units granted in October 2024, receiving the same number of common shares as the RSUs vested.
To cover related tax obligations, 1,588 common shares were withheld and surrendered back, a non-market, tax-withholding disposition rather than an open-market sale. After these transactions, Pavlovich directly holds 12,644 shares of Brighthouse Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,581 shares exercised/converted
Mixed
3 txns
Insider
Pavlovich Melissa B.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 5,581 | $0.00 | -- |
| Exercise | Common Stock | 5,581 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,588 | $61.02 | $97K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 14,232 shares (Direct)
Footnotes (1)
- Payout of shares upon vesting of Restricted Stock Units ("RSUs") granted in October 2024. 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 vesting of the RSUs granted in October 2024.
Key Figures
RSUs vested: 5,581 units
Shares issued on vesting: 5,581 shares
Shares withheld for taxes: 1,588 shares
+4 more
7 metrics
RSUs vested
5,581 units
RSUs granted in October 2024 vested on April 8, 2026
Shares issued on vesting
5,581 shares
Common stock received upon RSU payout
Shares withheld for taxes
1,588 shares
Tax-withholding disposition at $61.02 per share
Tax-withholding price
$61.02 per share
Value used for shares delivered to cover tax obligations
Shares held after transactions
12,644 shares
Direct common stock ownership following RSU vesting and withholding
Derivative exercises
1 transaction, 5,581 shares
Exercise/conversion of RSUs into common stock
Tax-withholding transactions
1 transaction, 1,588 shares
Payment of tax liability by delivering shares
Key Terms
Restricted Stock Units, vested, tax obligations, Chief Accounting Officer
4 terms
Restricted Stock Units financial
"Payout of shares upon vesting of Restricted Stock Units ("RSUs") granted in October 2024."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vested financial
"Represents vesting of the RSUs granted in October 2024."
tax obligations financial
"Shares withheld to cover tax obligations in connection with the vesting of RSUs."
Chief Accounting Officer financial
"Chief Accounting Officer"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did Brighthouse Financial (BHF) report for Melissa B. Pavlovich?
Brighthouse Financial reported that Chief Accounting Officer Melissa B. Pavlovich settled 5,581 Restricted Stock Units into common shares. These RSUs were granted in October 2024 and vested on April 8, 2026, resulting in an equivalent number of Brighthouse common shares being issued to her.
What do the Restricted Stock Units (RSUs) in the Brighthouse Financial (BHF) filing represent?
Each Restricted Stock Unit in the filing represents the contingent right to receive one share of Brighthouse Financial common stock. Upon vesting, 5,581 RSUs granted in October 2024 paid out in the same number of common shares to Melissa B. Pavlovich.
Were the Brighthouse Financial (BHF) insider transactions open-market buys or sells?
No open-market buys or sells are reported. The Form 4 shows RSU vesting coded as an M transaction and a related F code for tax withholding, where 1,588 shares were delivered to cover tax obligations instead of being sold on the market.