Jamie Smith appointed COO of Franklin BSP Capital (FRBP) while keeping BSP role

Rhea-AI Filing Summary

Franklin BSP Capital Corporation appointed Jamie Smith as its new Chief Operating Officer, effective January 28, 2026. Smith, age 50, is a Managing Director and Chief Operating Officer of Private Debt at Benefit Street Partners and will keep those roles while serving the company.

The filing notes that Smith has no family relationships with the company’s directors or executive officers and no material interests in related-party transactions since the start of the last fiscal year. He has not entered into, and does not expect to enter into, any material compensation arrangements specifically tied to this appointment.

8-K Event Classification

Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

1 item

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Understanding 8-K Material Events →

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

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 28, 2026

Franklin BSP Capital Corporation

(Exact name of registrant as specified in its charter)

Delaware		814-01360		85-2950084
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S Employer Identification No.)

One Madison Avenue, Suite 1600 New York, NY		10010
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (212) 588-6770

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None		None		None

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Agreements of Certain Directors

On January 28, 2026, the board of directors of Franklin BSP Capital Corporation (the “Company”) appointed Jamie Smith to serve as Chief Operating Officer of the Company, effective immediately. Mr. Smith, 50, is a Managing Director and Chief Operating Officer of Private Debt with Benefit Street Partners L.L.C. (“BSP”) and will continue in these roles concurrent to his position as Chief Operating Officer of the Company. Prior to rejoining BSP in 2025, Mr. Smith served as Chief Operating Officer of Credit at Platinum Equity. Mr. Smith received a Master of Business Administration from Fordham University and a Bachelor of Business Administration from Baruch College.

Mr. Smith (i) does not have a family relationship with any of the Company’s board of directors or other executive officers; (ii) does not have a material interest in any transaction in which the Company was or is a participant, since the beginning of the Company’s last fiscal year; and (iii) has not entered into, nor expects to enter into, any material plan, contract, arrangement, grant or award in connection with his appointment as the Company’s Chief Operating Officer.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	FRANKLIN BSP CAPITAL CORPORATION (Registrant)
Date: January 29, 2026	By:	/s/ Nina K. Baryski
	Name:	Nina K. Baryski
	Title:	Chief Financial Officer and Treasurer

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FAQ

What executive change did Franklin BSP Capital Corporation (FRBP) disclose in this 8-K?

Franklin BSP Capital Corporation appointed Jamie Smith as Chief Operating Officer, effective January 28, 2026. He will serve in this role while continuing his positions at Benefit Street Partners, providing operational leadership for the company’s activities as described in the filing.

Who is Jamie Smith, the new COO of Franklin BSP Capital Corporation (FRBP)?

Jamie Smith is the newly appointed Chief Operating Officer of Franklin BSP Capital Corporation. He also serves as Managing Director and Chief Operating Officer of Private Debt at Benefit Street Partners, with prior experience as Chief Operating Officer of Credit at Platinum Equity, and holds MBA and BBA degrees.

Does Jamie Smith have any related-party or family relationships with Franklin BSP Capital Corporation (FRBP)?

The company states that Jamie Smith has no family relationship with any board member or executive officer of Franklin BSP Capital Corporation. It also confirms he has no material interest in any company transaction since the beginning of the last fiscal year.

Will Jamie Smith receive any special compensation for becoming COO of Franklin BSP Capital Corporation (FRBP)?

According to the filing, Jamie Smith has not entered into any material plan, contract, arrangement, grant, or award in connection with his appointment as Chief Operating Officer and does not expect to enter into any such material compensation arrangements related to this role.

What other roles will Jamie Smith hold while serving as COO of Franklin BSP Capital Corporation (FRBP)?

While serving as Chief Operating Officer of Franklin BSP Capital Corporation, Jamie Smith will continue as Managing Director and Chief Operating Officer of Private Debt at Benefit Street Partners, maintaining concurrent responsibilities across both organizations as described in the disclosure.