BrightSpire Capital (BRSP) exec granted shares and has stock withheld for taxes

Rhea-AI Filing Summary

BrightSpire Capital executive Andrew Elmore Witt received stock-based compensation and had shares withheld for taxes. On March 16, 2026 he was granted 144,405 shares of Class A common stock that vest in three equal annual installments on March 15, 2027, March 15, 2028 and March 15, 2029. He also acquired 119,457 shares issued upon settlement of 2023 performance restricted stock units earned for a performance period ending March 6, 2026. To cover withholding taxes tied to prior grants and these performance units, 131,414 shares were withheld at $5.54 per share, leaving him with 712,076 Class A shares held directly after these transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Witt Andrew Elmore

(Last) (First) (Middle)

590 MADISON AVENUE, 33RD FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BrightSpire Capital, Inc. [ BRSP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/16/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/16/2026		A(1)		144,405	A	$0	724,033	D
Class A Common Stock	03/16/2026		A(2)		119,457	A	$0	843,490	D
Class A Common Stock	03/16/2026		F(3)		131,414	D	$5.54	712,076	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of Class A Common Stock granted to the reporting person by the Issuer, which vest annually in three equal installments on March 15, 2027, March 15, 2028 and March 15, 2029.

2. Represents shares of Class A Common Stock issued to the reporting person by the Issuer in connection with the settlement of 2023 performance restricted stock units (the "2023 PRSUs") earned for the performance period ended March 6, 2026.

3. Represents the number of shares withheld by the Issuer in satisfaction of withholding taxes in connection with the vesting of certain shares of Class A common stock acquired through prior grants and the 2023 PRSUs.

Remarks:

PRESIDENT AND CHIEF OPERATING OFFICER

	/s/ David A. Palame, as Attorney-in-Fact	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did BrightSpire Capital (BRSP) report for Andrew Elmore Witt?

BrightSpire Capital reported that executive Andrew Elmore Witt received two stock grants and had shares withheld for taxes. He acquired 144,405 time-based shares, 119,457 performance-based shares, and 131,414 shares were withheld to satisfy tax obligations, leaving 712,076 shares held directly.

How many BrightSpire Capital (BRSP) shares did Andrew Elmore Witt acquire in the latest Form 4?

Andrew Elmore Witt acquired a total of 263,862 Class A shares as compensation. This includes 144,405 time-vesting shares and 119,457 shares issued upon settlement of 2023 performance restricted stock units earned for a performance period ending March 6, 2026.

Why were 131,414 BrightSpire Capital (BRSP) shares withheld from Andrew Elmore Witt?

131,414 shares were withheld to satisfy tax withholding obligations. The withheld shares relate to the vesting of certain previously granted Class A shares and the 2023 performance restricted stock units, with the withholding price reported as $5.54 per share in the Form 4.

What is the vesting schedule for Andrew Elmore Witt’s new BrightSpire Capital (BRSP) stock grant?

The new 144,405-share grant vests in three equal annual installments. The installments vest on March 15, 2027, March 15, 2028, and March 15, 2029, providing a multi-year incentive structure tied to continued service with BrightSpire Capital.

How many BrightSpire Capital (BRSP) shares does Andrew Elmore Witt hold after these Form 4 transactions?

After the reported transactions, Andrew Elmore Witt directly holds 712,076 Class A common shares. This figure reflects the newly granted and performance-based shares, net of the 131,414 shares withheld by the company to cover related tax liabilities.

What are the 2023 performance restricted stock units mentioned in the BrightSpire Capital (BRSP) Form 4?

The 2023 performance restricted stock units are equity awards tied to a performance period ending March 6, 2026. Upon completion of that period, 119,457 Class A shares were issued to Andrew Elmore Witt as settlement for the earned performance units.