Bitterman Jennifer 4

What Happened

• Jennifer Bitterman, a director of Franklin Street Properties Corp. (FSP), received an award of 80,342 shares on 2026-05-28. The filing reports the acquisition price as $0.00 (transaction code A — award/grant). The footnote states the shares equal $45,000 divided by the closing price of $0.5601 on the grant date, which explains the share count and implies the award’s grant value is $45,000.

Key Details

• Transaction date: 2026-05-28; filing date: 2026-05-29 (timely).
• Reported price per share: $0.00 (award/grant); implied grant value: $45,000 based on $0.5601 closing price.
• Shares received: 80,342.
• Post-transaction holdings: not disclosed in the reported information.
• Footnote: Shares issued under the Franklin Street Properties Corp. 2002 Stock Incentive Plan; share count = $45,000 ÷ $0.5601.
• No indication of a 10b5-1 plan, tax withholding sale, or late filing in this report.

Context

• This was a compensation award (grant under the company’s incentive plan), not an open-market purchase or sale. Such grants are routine forms of compensation and do not by themselves indicate the director is buying or selling shares for personal investment reasons.