Steigerwalt Eric T 4

4 · Brighthouse Financial, Inc. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 2, 2026

Brighthouse (BHF) CEO Eric Steigerwalt Receives Awards, Sells Shares

What Happened

Eric T. Steigerwalt, President & CEO and director of Brighthouse Financial (BHF), reported stock award vesting and related share settlements. The filing shows PSUs and multiple RSU tranches vested, resulting in share acquisitions and related share disposals to cover tax obligations.
Specifically, the filing reports: 75,577 shares from PSUs vested on 2026-02-27; on 2026-03-02 a mix of derivative conversions/vestings and awards resulted in additional share activity (35,564 and 109,411 shares reported as acquired in derivative/award entries). To cover tax withholding, 29,740 shares were disposed on 2026-02-27 for $59.98 each ($1,783,805) and 13,996 shares were disposed on 2026-03-02 for $59.98 each ($839,480). Total cash proceeds from the same-price disposals were about $2,623,285. Several other derivative disposals reported at $0 represent non-cash conversions/settlements of awards.

Key Details

Transaction dates and prices:
- 2026-02-27: Award of 75,577 shares (PSUs); 29,740 shares withheld/sold at $59.98 for $1,783,805 (tax withholding).
- 2026-03-02: Derivative conversions/vestings showing acquisition entries for 35,564 and 109,411 shares; 13,996 shares withheld/sold at $59.98 for $839,480; additional derivative disposals (10,283; 14,216; 11,065) reported at $0 (non-cash settlement).
Total cash proceeds from sales to cover taxes: ~$2.62M (43,736 shares at $59.98).
Footnotes: PSUs earned based on 2023–2025 performance (F1); several RSU tranches vested (F3–F8); shares withheld to cover taxes (F2, F5). Each RSU = one share (F4).
Shares owned after the transactions: not specified in the provided filing excerpt.
Filing timeliness: Form filed 2026-03-02 for transactions on 2026-02-27 and 2026-03-02 — the filing appears timely (not marked late).

Context

These were not open-market purchases/sales driven by trade intent but awards vesting and standard tax-withholding / settlement mechanics. The disposals recorded at $59.98 are withholding sales to satisfy tax obligations; other $0 disposals reflect derivative conversions or internal settlement of RSUs/PSUs. Such award vestings and associated withholding are routine and do not necessarily signal the insider's view on the stock.

Form 4

Period: 2026-02-27

DirectorPresident and CEO

Transactions

Award
Common Stock
[F1]
2026-02-27+75,577→ 382,813 total
Tax Payment
Common Stock
[F2]
2026-02-27$59.98/sh−29,740$1,783,805→ 353,073 total
Exercise/Conversion
Common Stock
[F3][F4]
2026-03-02+35,564→ 388,637 total
Tax Payment
Common Stock
[F5]
2026-03-02$59.98/sh−13,996$839,480→ 374,641 total
Exercise/Conversion
Restricted Stock Units
[F4][F6]
2026-03-02−10,283→ 0 total
→ Common Stock (10,283 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F7]
2026-03-02−14,216→ 14,217 total
→ Common Stock (14,216 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F8]
2026-03-02−11,065→ 22,129 total
→ Common Stock (11,065 underlying)
Award
Restricted Stock Units
[F4][F9]
2026-03-02+109,411→ 109,411 total
→ Common Stock (109,411 underlying)

Footnotes (9)

[F1]Shares earned under the 2023 Performance Share Unit ("PSUs") award based on the achievement of performance goals over the 2023-2025 performance period.
[F2]Shares withheld to cover tax obligations in connection with the vesting of PSUs.
[F3]Payout of shares upon vesting of shares of tranches of Restricted Stock Units ("RSUs") granted in March 2023, March 2024 and March 2025.
[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 vesting of the final tranche of the 2023 RSU award.
[F7]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.
[F8]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.
[F9]RSUs awarded in 2026 vest in three substantially equal installments on the first business day in March 2027, March 2028 and March 2029.

Signature

/s/ Jacob M. Jenkelowitz, Attorney-in-Fact, on behalf of Eric T. Steigerwalt|2026-03-02

1 file