Welcome to our dedicated page for Franklin Bsp Rlty Tr SEC filings (Ticker: FBRT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Franklin BSP Realty Trust, Inc. (NYSE: FBRT) SEC filings page brings together the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a Maryland-incorporated real estate investment trust with common and preferred stock listed on the New York Stock Exchange, FBRT files current reports on Form 8-K and other periodic reports that document its commercial real estate debt activities, capital structure and material corporate events.
Recent Form 8-K filings describe a range of topics relevant to investors in commercial real estate finance. These include quarterly earnings releases and supplemental slide presentations, the completion of the acquisition of NewPoint Holdings JV LLC, the pricing and closing of a commercial real estate mortgage securitization through a consolidated issuer entity, and the issuance of unsecured senior notes by FBRT OP LLC, the company’s operating partnership. The filings also provide detail on the structure and terms of collateralized loan obligations backed by portfolios of commercial and multifamily mortgage loans.
Through this page, users can review how FBRT reports items such as new debt financings, securitization transactions, equity issuances related to acquisitions, and other events disclosed under Items 1.01, 2.01, 2.02, 2.03, 3.02, 7.01, 8.01 and 9.01 of Form 8-K. The filings confirm that FBRT’s common stock trades under the symbol FBRT and its 7.50% Series E Cumulative Redeemable Preferred Stock trades under FBRT PRE on the NYSE.
Stock Titan’s platform supplements these documents with AI-powered summaries that highlight key terms, structures and implications of FBRT’s filings, helping readers interpret complex securitization descriptions, acquisition disclosures and financing arrangements more efficiently. Real-time updates from EDGAR ensure that new FBRT filings, including future 10-K annual reports, 10-Q quarterly reports and Forms 4 reporting insider transactions, become accessible on this page as they are made available by the SEC.
Franklin BSP Realty Trust Inc filing: The Vanguard Group amended its Schedule 13G to report 0 shares of Common Stock and 0% ownership. The amendment explains an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries report ownership separately under SEC Release No. 34-39538.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026.
Franklin BSP Realty Trust, Inc. President Brian Buffone reported an open-market purchase of 27,000 shares of common stock at a weighted average price of $9.4123 per share. After this transaction, he directly owns 243,081 common shares. The filing notes the shares were bought in multiple trades within a narrow price range.
Franklin BSP Realty Trust, Inc., a Maryland-based real estate finance REIT, filed its annual report outlining its business, capital structure, and key risks for the year ended December 31, 2025. The company conducts substantially all operations through FBRT OP LLC, holding a 91% common interest as of December 31, 2025.
The business is organized into two units: Commercial Real Estate Financing, which focuses on originating and acquiring commercial real estate debt and related securities, and an Agency Business acquired via NewPoint on July 1, 2025 that originates, sells and services multifamily loans for Fannie Mae, Freddie Mac and HUD programs. As of December 31, 2025, the company had 223 employees, all at NewPoint.
The report highlights extensive risk factors, including high leverage, dependence on securitization and repurchase facilities, sensitivity to interest rates, credit and liquidity risks, regulatory and tax risks tied to REIT status, competition for investments, and integration and regulatory risks associated with the Agency Business. The aggregate market value of non‑affiliate common equity was $858.0 million as of June 30, 2025, and outstanding common shares totaled 80,965,793 as of February 19, 2026.
Franklin BSP Realty Trust, Inc. President Brian Buffone filed an initial ownership report showing beneficial ownership of 216,081 shares of common stock. This amount includes 97,238 unvested restricted stock units granted under the 2021 Equity Incentive Plan, which vest annually in three tranches through 2029, with one share of common stock issued for each RSU upon vesting.
Franklin BSP Realty Trust director Buford H. Ortale reported open-market purchases of the company’s common stock. He bought 2,000 shares on February 18, 2026 at $8.765 per share and 2,000 shares on February 17, 2026 at $8.88 per share, totaling 4,000 shares.
After these transactions, his directly held stake increased to 51,851 common shares. He also reports 3,000 shares held indirectly by a family trust for which his spouse is trustee, while expressly disclaiming beneficial ownership of those trust-held securities.
Franklin BSP Realty Trust, Inc. reported weaker results for the quarter and full year ended December 31, 2025 and announced a reset of its common dividend. Full-year GAAP net income was $84.1 million with diluted EPS of $0.64, down from $92.4 million and $0.82 in 2024. Full-year Distributable Earnings were $67.3 million, or $0.49 per fully converted share, versus $100.7 million, or $0.92, in 2024, reflecting realized losses and a softer core lending environment.
For Q4 2025, GAAP net income was $18.4 million and Distributable Earnings were $17.9 million, or $0.12 per fully converted share, compared with a quarterly dividend of $0.355. Book value stood at $14.15 per fully converted share, supported by $820.6 million of liquidity and share repurchases of 1.37 million shares for $14.4 million. Management highlighted a strategic shift: the NewPoint acquisition added agency origination and servicing scale, while the board reduced the quarterly common dividend to $0.20 per share for Q1 2026 to better align distributions with earnings and stabilize book value.
Franklin BSP Realty Trust, Inc. appointed Michael Comparato as Chief Executive Officer, effective immediately, succeeding Richard J. Byrne, who remains Chairman of the Board. Comparato had served as the company’s President since March 2023 and leads real estate at external manager Benefit Street Partners.
The Board also promoted Brian Buffone, previously Head of Real Estate Operations at Benefit Street Partners, to President. The company highlights this as part of its management succession plan, aiming for continuity as Byrne continues providing strategic oversight. As of September 30, 2025, FBRT managed approximately $6.2 billion of commercial real estate debt assets in the United States.
Franklin BSP Realty Trust CFO and COO Jerome S. Baglien reported equity compensation and related tax withholding transactions in the company’s common stock. On January 27, 2026, he was granted 100,261 restricted stock units (RSUs) under the 2021 Equity Incentive Plan at no cash cost.
The RSUs vest in three equal annual installments beginning on January 27, 2027, subject to his continued qualifying service, with one share issued per RSU upon vesting. The same day, 27,264 shares were withheld at $10.17 per share to cover tax obligations from prior RSU awards, leaving him with 310,014 directly owned shares.
Franklin BSP Realty Trust Chairman and CEO Richard J. Byrne reported new equity awards and related share withholding. On January 27, 2026, he was granted 66,841 restricted stock units (RSUs) under the 2021 Equity Incentive Plan at a price of $0 per share.
The RSUs vest in three equal annual installments starting January 27, 2027, contingent on continued qualifying service, with one common share issued per RSU at vesting. On the same date, 41,207 common shares were withheld at $10.17 per share to cover tax obligations from earlier RSU vesting. Following these transactions, Byrne directly holds 476,725 shares of Franklin BSP Realty Trust common stock.
Franklin BSP Realty Trust's president, Michael Comparato, reported equity compensation and related tax withholding transactions in company common stock. He received 66,841 RSUs at $0 cost under the 2021 Equity Incentive Plan, which will vest in three equal annual installments beginning on January 27, 2027, assuming continued qualifying service.
To cover tax obligations from earlier RSU vesting awards dated January 27, 2023, February 1, 2024 and January 27, 2025, 28,584 shares were withheld at a price of $10.17 per share. After these transactions, Comparato directly beneficially owned 509,871 shares of Franklin BSP Realty Trust common stock.