Eric T. Steigerwalt - 28 Feb 2025 Form 4 Insider Report for Brighthouse Financial, Inc. (BHF)

Role
President and CEO, Director
Signature
/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Eric T. Steigerwalt
Issuer symbol
BHF
Transactions as of
28 Feb 2025
Net transactions value
-$2,815,920
Form type
4
Filing time
03 Mar 2025, 16:54:57 UTC
Previous filing
26 Feb 2025
Next filing
01 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BHF Common Stock Award $0 +71,659 +26% $0.000000 342,731 28 Feb 2025 Direct F1
transaction BHF Common Stock Tax liability $1,857,293 -31,315 -9.1% $59.31 311,416 28 Feb 2025 Direct F2
transaction BHF Common Stock Options Exercise +36,983 +12% 348,399 01 Mar 2025 Direct F3, F4
transaction BHF Common Stock Tax liability $958,628 -16,163 -4.6% $59.31 332,236 01 Mar 2025 Direct F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BHF Restricted Stock Units Options Exercise $0 -12,484 -100% $0.000000 0 01 Mar 2025 Common Stock 12,484 Direct F4, F6
transaction BHF Restricted Stock Units Options Exercise $0 -10,282 -50% $0.000000 10,283 01 Mar 2025 Common Stock 10,282 Direct F4, F7
transaction BHF Restricted Stock Units Options Exercise $0 -14,217 -33% $0.000000 28,433 01 Mar 2025 Common Stock 14,217 Direct F4, F8
transaction BHF Restricted Stock Units Award $0 +33,194 $0.000000 33,194 01 Mar 2025 Common Stock 33,194 Direct F4, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares earned under the 2022 Performance Share Unit ("PSU") award based on the achievement of performance goals over the 2022-2024 performance period.
F2 Shares withheld to cover tax obligations in connection with the vesting of PSUs.
F3 Payout of shares upon vesting of tranches of Restricted Stock Units ("RSUs") granted in March 2022, March 2023 and March 2024.
F4 Each RSU represents the contingent right to receive one share of Brighthouse Financial, Inc. common stock.
F5 Shares withheld to cover tax obligations in connection with the vesting of RSUs.
F6 Represents the final vesting of tranche of the 2022 RSU award.
F7 Represents the vesting of the second of three tranches of the 2023 RSU award. The remaining tranche will vest on the first day in March 2026.
F8 Represents the vesting of the first of three tranches of the 2024 RSU award. The remaining tranches will vest in substantially equal installments on the first day in March 2026 and March 2027.
F9 RSUs awarded in 2025 will vest in three substantially equal installments on the first day in March 2026, March 2027 and March 2028.