Pavlovich Melissa B. 4

What Happened

• Melissa B. Pavlovich, Chief Accounting Officer of Brighthouse Financial (BHF), had 5,581 Restricted Stock Units (RSUs) vest on April 8, 2026. The RSUs converted into common shares; 1,588 of those shares were withheld to cover tax obligations (disposed) with a reported withholding value of $96,900 at $61.02 per share, leaving a net 3,993 shares delivered to her.
• The filing shows the RSU vesting/conversion (transaction code M) and the tax withholding (transaction code F). The acquisition entry lists the shares as N/A for price (typical for RSU payout).

Key Details

• Transaction date: 2026-04-08; Filing date: 2026-04-09 (appears timely).
• RSUs vested: 5,581 shares (represents RSUs granted Oct 2024 per footnotes).
• Shares withheld for taxes: 1,588 shares at $61.02 → $96,900 withheld.
• Net shares delivered to insider: 3,993 shares.
• Form footnotes: F1–F4 confirm these were RSUs (one share per RSU), vested in April 2026, and shares were withheld to satisfy tax withholding.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This is a routine equity compensation event (RSU vesting) rather than an open-market purchase or a discretionary sale; the withholding of shares to cover taxes is a common, administrative cashless-withholding practice and does not by itself indicate a change in insider sentiment.
• Transaction codes: M = exercise/conversion of derivative (here, RSU conversion to common stock); F = payment of exercise price or tax liability (shares withheld).