Augustine Patsy Joseph 4

What Happened

• Augustine Patsy Joseph, a director of Franklin BSP Realty Trust (FBRT), received an award of 12,835 restricted shares of common stock on June 8, 2026. The shares were issued at $0.00 per share (total $0), as a grant under the company's equity plan rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-06-08; Filing date: 2026-06-10 (filed within the Form 4 reporting window).
• Transaction type/code: Award/Grant (A); shares issued at $0.00.
• Shares acquired: 12,835 restricted shares; total cash paid reported: $0.
• Shares owned following transaction: not specified in the provided filing excerpt.
• Footnote: Shares are restricted and vest on the earlier of the issuer's 2027 Annual Meeting of Stockholders or June 8, 2027, per the issuer's 2021 Equity Incentive Plan.

Context

• This was a compensation-related grant (restricted stock award), not a purchase or sale. Such awards are standard executive/director compensation and do not by themselves signal the insider buying or selling in the market. The vesting schedule means the shares are subject to forfeiture until vesting conditions are met.