Highest-materiality recent filing
All nine director nominees elected with votes for ranging from 37.5M to 37.7M; broker non-votes 5.5M.
Brighthouse Financial Q1 net loss $792M; adjusted earnings $239M; annuity sales $2.2B
Net loss available to shareholders of $792M ($13.82/diluted share) vs. $294M loss in Q1 2025.
Brighthouse Financial Q4 net income $112M, adjusted earnings $214M; annuity sales $10.3B
Q4 net income $112M ($1.93 diluted) vs $646M ($10.79) in Q4 2024.
Brighthouse Financial shareholders approve $4.1B all-cash merger with Aquarian Capital at $70/share
Stockholders voted 99.7% in favor of the merger with an Aquarian Capital affiliate.
Brighthouse Financial to be acquired by Aquarian Capital for $70/share ($4.1B); reports Q3 earnings
Aquarian Capital affiliate to acquire BHF for $70.00 per share in all-cash deal valued at ~$4.1B.
Aquarian Capital to acquire Brighthouse Financial for $70/sh in $4.1B all-cash deal
Aquarian Capital to acquire Brighthouse Financial for $70.00 per share in cash; transaction valued at ~$4.1B.
Brighthouse Financial to be acquired by Aquarian Capital for $70 per share, expects closing in 2026
All-cash transaction valued at $70.00 per Brighthouse common unit.
Brighthouse names Myles Lambert COO and Melissa Pavlovich CAO
Myles Lambert named COO (eff. Aug 30); base salary $700k, STI target 140%, LTI target 305%.
Brighthouse Financial Q2 2025 net income $60M ($1.02/diluted); adjusted earnings $198M
Net income $60M ($1.02/diluted) vs $9M ($0.12/diluted) in Q2 2024; adjusted earnings $198M ($3.43/diluted).
Stockholders approve amended 2017 Stock and Incentive Compensation Plan
Nine director nominees elected with >37.5M votes each; no dissident candidates.
Brighthouse Financial warns against Potemkin mini-tender offer at 41% discount
Potemkin Limited offers to buy up to 100,000 BHF shares (less than 0.2% of outstanding) at $36.00/share.
Brighthouse Financial Q1 net loss narrows to $294M; adj. earnings $245M
Net loss available to shareholders of $294M ($5.04/diluted share) vs $519M loss in Q1 2024.
Brighthouse Financial Q4 net income $646M ($10.79/diluted); full-year annuity sales $10B
Q4 2024 net income $646M ($10.79/diluted) vs Q4 2023 net loss $942M ($14.70/diluted).
Brighthouse Financial amends Bylaws to update stockholder meeting notice and disclosure rules
Revised disclosure requirements for stockholder nominations and other business proposals, including nominee qualifications.
Brighthouse Financial closes reinsurance deal, boosts combined RBC ratio to 400%-420%
Reinsured legacy block of fixed and payout annuities with third party, effective Sep 30, 2024.
Brighthouse Financial Q3 net income $150M ($2.47/diluted); adjusted earnings $243M ($3.99)
Net income available to shareholders of $150M, down from $453M in Q3 2023; adjusted earnings less notable items $243M.
Brighthouse Financial CAO Kristine Toscano resigns; Richard Cook named interim CAO
Kristine Toscano resigns as CAO effective Nov 8, 2024; leaving for new opportunity, not related to financial reporting.
Brighthouse Financial reports Q2 net income of $9M, adjusted earnings of $346M
Net income available to shareholders of $9M ($0.12 per diluted share) vs net loss of $200M in Q2 2023.
Brighthouse Financial stockholders approve amended ESPP; 1.2M shares reserved at 85% FMV
Stockholders approved the amended Employee Stock Purchase Plan (ESPP) effective April 3, 2024.
Brighthouse Financial Q1 net loss $519M, adjusted earnings $268M; annuity sales +3%
Net loss available to shareholders of $519M ($8.22/diluted share), vs $525M loss in Q1 2023.
Brighthouse Financial appoints Michael J. Inserra and Lizabeth H. Zlatkus to Board
Board expanded from 7 to 9 directors; both appointees are independent.
Brighthouse Q4 net loss $942M ($14.70/share); adj earnings $189M ($2.92/share)
Net loss of $942M ($14.70 diluted EPS) vs Q4 2022 net income $110M; adjusted earnings less notable items $189M ($2.92 EPS).
On October 3, 2024, Kristine H. Toscano, the Chief Accounting Officer of Brighthouse Financial, Inc. (the “Company”), informed the Company that she intends to resign from the Company, and her last day at the Company will be November 8, 2024.
Richard Cook, the Company’s Investment Controller, has been appointed to serve as the Interim Chief Accounting Officer, effective November 9, 2024.
appointed Michael J. (“Mike”) Inserra and Lizabeth H. Zlatkus as members of the Board
appointed Michael J. (“Mike”) Inserra and Lizabeth H. Zlatkus as members of the Board
Max materiality 1.00 · Median 0.75 · Most common event earnings