BrightSpire Capital (BRSP) CEO transfers 369,724 shares to ex-spouse in divorce
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BrightSpire Capital, Inc. CEO and director Michael Mazzei reported a personal stock transfer involving the company’s Class A common stock. On 02/11/2026, 369,724 shares were transferred at a stated price of $0, pursuant to a divorce judgment.
Following this transaction, Mazzei reported beneficial ownership of 964,575 Class A common shares on a direct basis. He formally disclaims beneficial ownership of the securities transferred to his ex-spouse, noting that the filing should not be viewed as an admission of beneficial ownership for any purpose.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mazzei Michael
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 369,724 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 964,575 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BRSP CEO Michael Mazzei report on this Form 4?
Michael Mazzei reported a transfer of 369,724 shares of BrightSpire Capital Class A common stock. The transaction occurred on 02/11/2026 and was reported at a stated price of $0 per share, reflecting a non-market transfer rather than an open-market trade.
What is transaction code J on Michael Mazzei’s BrightSpire Capital Form 4?
Transaction code J indicates a transaction that does not fall into standard purchase or sale codes, such as certain transfers. In this case, it refers to the transfer of shares to an ex-spouse as required by a divorce judgment, not a market trade.
Is the BRSP Form 4 transaction a market sale or purchase of stock?
No, the Form 4 describes a transfer of 369,724 BrightSpire Capital shares at a stated price of $0. The explanation states the transfer was to an ex-spouse under a divorce judgment, indicating it was not a typical open-market sale or purchase.