Franklin BSP Realty Trust Holds Security Holder Vote

TL;DR

BSP Realty Trust shareholders voted on something important May 29th.

AI Summary

On May 29, 2024, Franklin BSP Realty Trust, Inc. filed an 8-K report detailing the submission of matters to a vote of its security holders. The filing does not disclose specific details of the vote or the matters presented, but it indicates a formal corporate action was taken.

Why It Matters

This filing signifies a formal decision-making process involving Franklin BSP Realty Trust's shareholders, which could impact the company's future direction or governance.

Risk Assessment

Risk Level: low — The filing is procedural and does not contain information that immediately suggests financial risk or significant operational changes.

Key Players & Entities

• Franklin BSP Realty Trust, Inc. (company) — Registrant
• May 29, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — registered Common Stock, par value $0.01 per share FBRT New York Stock Exchang

Filing Documents

• tm2415859d1_8k.htm (8-K) — 39KB
• 0001104659-24-067175.txt ( ) — 255KB
• bsprt-20240529.xsd (EX-101.SCH) — 3KB
• bsprt-20240529_def.xml (EX-101.DEF) — 26KB
• bsprt-20240529_lab.xml (EX-101.LAB) — 36KB
• bsprt-20240529_pre.xml (EX-101.PRE) — 25KB
• tm2415859d1_8k_htm.xml (XML) — 5KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders The 2024 annual meeting of stockholders (the " Annual Meeting ") of Franklin BSP Realty Trust, Inc. (the " Company ") was held on May 29, 2024. At the Annual Meeting, stockholders voted on (i) the election of Pat Augustine, Richard J. Byrne, Joe Dumars, Jamie Handwerker, Peter J. McDonough, Buford H. Ortale and Elizabeth K. Tuppeny to the Company's Board of Directors for one-year terms until the 2025 annual meeting of stockholders and until their respective successors are duly elected and qualified; (ii) an amendment to the Company's Articles of Amendment and Restatement to eliminate supermajority voting requirements; (iii) the ratification of the appointment of PricewaterhouseCoopers LLP (" PwC ") as the Company's independent registered public accounting firm for the year ending December 31, 2024; and (iv) an advisory vote on the compensation of the Company's Named Executive Officers. The final results for each of these matters are as follows: Proposal No. 1 - Election of Directors Each of the following directors was elected to hold office until the 2025 annual meeting of stockholders and until their successors are duly elected and qualified. Nominee Votes For Votes Against Votes Abstained Broker Non-Votes Pat Augustine 44,497,505 960,577 203,675 11,666,710 Richard J. Byrne 44,685,126 776,347 200,284 11,666,710 Joe Dumars 44,760,468 726,619 174,670 11,666,710 Jamie Handwerker 44,324,909 1,127,399 209,449 11,666,710 Peter J. McDonough 42,680,042 2,779,504 202,211 11,666,710 Buford H. Ortale 44,499,807 955,926 206,024 11,666,710 Elizabeth K. Tuppeny 44,481,577 977,661 202,519 11,666,710 Proposal No. 2 – Amendment to the Company's Articles of Amendment and Restatement to eliminate supermajority voting requirements: Because Proposal No. 2 failed to receive the affirmative vote of the holders of not less than two-thirds of the shares then outstanding

SIGNATURES

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 REALTY TRUST, INC. By: /s/ Jerome S. Baglien Name: Jerome S. Baglien Title: Chief Financial Officer and Chief Operating Officer Date: May 31, 2024

View Full Filing

View this 8-K filing on SEC EDGAR