Dumars Joe 4

What Happened

• Joe Dumars, a director of Franklin BSP Realty Trust, Inc. (FBRT), was granted 12,835 restricted shares of the company's common stock on June 8, 2026. The filing reports an acquisition price of $0.00 (award), so the reported transaction value is $0.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (appears timely, within typical 2-business-day reporting window).
• Award type/plan: Restricted shares issued under the issuer's 2021 Equity Incentive Plan.
• Number of shares granted: 12,835; reported price: $0.00.
• Vesting: Shares vest on the earlier of (i) the issuer’s 2027 Annual Meeting of Stockholders and (ii) June 8, 2027 (per footnote).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Filing timeliness/notes: No 10b5-1, tax-withholding, or sale details were reported — this is a grant/award (transaction code A).

Context

• This was a restricted-share award (compensation), not an open-market purchase or sale; restricted shares cannot be sold until they vest. Such grants to directors are common as part of board compensation and do not, by themselves, indicate a buy or sell signal.