Lin Allie 4

What Happened

• Lin Allie, EVP and General Counsel of Brighthouse Financial, exercised/converted equity and received stock from performance and restricted stock awards. Between Feb 27 and Mar 2, 2026 she was credited with a total of 35,654 shares from awards and conversions (8,974 on 2/27; 7,072 acquired on 3/2 via conversion; and a 19,608-share award on 3/2).
• To satisfy tax obligations and related payment requirements, 7,035 shares were withheld/paid (3,899 shares on 2/27 for $233,862 and 3,136 shares on 3/2 for $188,097 — total ≈ $421,959). In addition, 7,072 shares were surrendered/disposed in connection with the 3/2 conversion/exercise (reported as derivative disposals at $0.00).

Key Details

• Transaction dates and prices:
  • 2026-02-27: Award of 8,974 shares (PSU payout) — acquired at $0.00.
  • 2026-02-27: 3,899 shares withheld to cover taxes at $59.98 each ($233,862).
  • 2026-03-02: Exercise/conversion resulting in 7,072 shares acquired (price N/A).
  • 2026-03-02: 3,136 shares withheld to cover taxes at $59.98 each ($188,097).
  • 2026-03-02: 7,072 derivative shares disposed (1,899 + 2,653 + 2,520) reported at $0.00 (surrendered in connection with the exercise/conversion).
  • 2026-03-02: Grant/award of 19,608 shares (RSU/derivative) — acquired at $0.00.
• Net movement reported: 35,654 shares credited (awards/conversions) and 7,035 shares withheld/paid for taxes ($422K); plus 7,072 shares surrendered in the exercise/conversion.
• Shares owned after transaction: Not specified in the filing.
• Notable footnotes:
  • F1: Shares from 2023 Performance Share Unit (PSU) award based on 2023–2025 performance.
  • F2/F5: Shares withheld to cover tax obligations on PSU/RSU vesting.
  • F3/F6–F9: Payouts and vesting schedules for RSU tranches granted in 2023–2026; each RSU equals one share (F4).
• Filing: Report filed 2026-03-02. The filing lists activity on 2026-02-27 and 2026-03-02; the report does not indicate any 10b5-1 plan or that it was late.

Context

• This appears to be routine compensation-related activity: PSUs and RSUs vesting and conversion/exercise of derivative awards, with shares withheld/surrendered to cover taxes and exercise obligations (common for cashless exercises). These kinds of transactions typically reflect standard vesting and tax-withholding mechanics rather than an open-market investment decision.
• For retail investors: purchases (buys) can be stronger signals than routine vestings, but here the main actions are awards/vesting and tax-related withholdings — informational but not a clear indicator of insider market sentiment.