Franklin Street (NYSE: FSP) director granted $45,000 in stock

Rhea-AI Filing Summary

Murray Georgia reported acquisition or exercise transactions in this Form 4 filing.

Franklin Street Properties director Georgia Murray received a stock grant valued at $45,000. She was awarded 80,342 shares of common stock at a reference price of $0.5601 per share under the company’s 2002 Stock Incentive Plan. After this grant, she directly owns 235,983 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Murray Georgia

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	80,342	$0.00	--

Holdings After Transaction: Common Stock — 235,983 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock grant shares: 80,342 shares Grant value: $45,000 Reference share price: $0.5601 per share +1 more

4 metrics

Stock grant shares 80,342 shares Common Stock awarded on May 28, 2026

Grant value $45,000 Equity award value used to determine share count

Reference share price $0.5601 per share Closing price on the grant date

Shares owned after grant 235,983 shares Director’s direct common stock holdings following transaction

Key Terms

2002 Stock Incentive Plan, Grant, award, or other acquisition, Common Stock

3 terms

2002 Stock Incentive Plan financial

"The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan."

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Murray Georgia

(Last) (First) (Middle)

401 EDGEWATER PLACE, SUITE 200

(Street)

WAKEFIELD MASSACHUSETTS 01880

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN STREET PROPERTIES CORP /MA/ [ FSP ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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
Common Stock	05/28/2026		A		80,342(1)	A	$0	235,983	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. The shares were issued to the reporting person pursuant to the Franklin Street Properties Corp. 2002 Stock Incentive Plan. The number of shares is equal to $45,000 divided by $0.5601, the closing price of the Issuer's common stock on the grant date.

	/s/ Georgia Murray	05/29/2026
	** 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 transaction did Franklin Street Properties (FSP) report for Georgia Murray?

Franklin Street Properties reported that director Georgia Murray received a grant of 80,342 shares of common stock. The shares were issued as equity compensation under the company’s 2002 Stock Incentive Plan rather than purchased on the open market.

What is the dollar value of Georgia Murray’s recent stock grant at Franklin Street Properties (FSP)?

The stock grant to Georgia Murray is valued at $45,000. This value was calculated by dividing $45,000 by $0.5601, which was the closing price of Franklin Street Properties’ common stock on the grant date.

At what price was Georgia Murray’s Franklin Street Properties (FSP) stock grant calculated?

The grant was calculated using a share price of $0.5601. This figure represents the closing market price of Franklin Street Properties’ common stock on the grant date, as specified in the compensation footnote.

How many Franklin Street Properties (FSP) shares does Georgia Murray hold after the grant?

After receiving the 80,342-share grant, Georgia Murray directly holds 235,983 shares of Franklin Street Properties common stock. This total reflects her updated direct ownership position immediately following the reported equity award.

Under which plan was Georgia Murray’s Franklin Street Properties (FSP) stock grant issued?

The shares were issued under the Franklin Street Properties Corp. 2002 Stock Incentive Plan. This plan provides for equity-based awards, and Murray’s grant represents a stock incentive valued at $45,000 based on the grant-date closing price.