MALLESCH EILEEN A 4
4 · Brighthouse Financial, Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Brighthouse (BHF) Director Eileen Mallesch Converts RSUs, Receives Grant
What Happened Eileen A. Mallesch, a director of Brighthouse Financial, converted/exercised 2,837 vested restricted stock units (RSUs) on June 2, 2026 and simultaneously had those shares deferred under the company’s Deferred Compensation Plan. On the same date she was also granted 2,651 new RSUs for board service. All transactions show a $0.00 per-share price (no cash purchase or sale recorded).
Key Details
- Transaction dates: 2026-06-02; Form filed 2026-06-04 (timely).
- Transactions reported:
- M (exercise/conversion of derivative): 2,837 shares acquired and 2,837 shares disposed — $0.00 per share (derivative conversion and immediate deferral).
- A (award/grant): 2,651 RSUs granted — $0.00 per share.
- Shares owned after the transaction: not stated in this filing.
- Relevant notes from the filing:
- Each RSU equals a contingent right to one share (or cash equivalent when deferred).
- The 2,837 RSUs vested as of the 2026 annual meeting; Mallesch elected to defer receipt under the Brighthouse Deferred Compensation Plan.
- The newly granted 2,651 RSUs will vest on the earlier of the first anniversary of the grant or the 2027 annual meeting.
- Filing appears timely (no late-filing indication).
Context
- M-coded derivative activity here reflects RSUs converting to a deferred entitlement (not an open-market sale or purchase). No immediate sale of shares or cashless exercise occurred.
- Awards and deferred RSUs for directors are routine compensation for board service and do not, by themselves, indicate a change in the director’s market view.
Insider Transaction Report
Form 4
MALLESCH EILEEN A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
[F1][F2][F3]2026-06-02−2,837→ 0 total→ Common Stock (2,837 underlying) - Exercise/Conversion
Deferred Restricted Stock Units
[F4][F2][F3]2026-06-02+2,837→ 20,820 total→ Common Stock (2,837 underlying) - Award
Restricted Stock Units
[F1][F2][F5]2026-06-02+2,651→ 2,651 total→ Common Stock (2,651 underlying)
Footnotes (5)
- [F1]Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Brighthouse Financial, Inc. ("BHF") common stock.
- [F2]Award for service as a Board member pursuant to the Brighthouse Financial, Inc. 2017 Non-Management Director Stock Compensation Plan.
- [F3]The RSUs vested on the date of the 2026 annual meeting of stockholders of BHF. The Reporting Person has elected to defer these shares pursuant to the Brighthouse Services, LLC Deferred Compensation Plan for Non-Management Directors (the "Deferred Compensation Plan"). Payment of the shares will be made (i) in accordance with the Reporting Person's deferral election; or, if earlier, (ii) starting upon termination of the Reporting Person's service as a Director.
- [F4]Each deferred RSU represents the deferred right to receive one share of BHF common stock, or a cash payment equal to the value of one share of BHF common stock.
- [F5]The RSUs will vest on the earlier of the first anniversary of the grant date or the date of the 2027 annual meeting of stockholders of BHF.
Signature
/s/ Alexander V. Ulianov, Attorney-in-Fact, on behalf of Eileen A. Mallesch|2026-06-04