MALLESCH EILEEN A 4

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.