Mazzei Michael 4

What Happened
Michael Mazzei, CEO and director of BrightSpire Capital, reported a disposition of 10,143 shares of Class A common stock on April 9, 2026. The Form 4 shows the shares were transferred with $0 consideration (total value $0). A footnote states the transfer was made to an ex‑spouse pursuant to a divorce judgment and Mazzei disclaims beneficial ownership of these shares.

Key Details

• Transaction date: 2026-04-09; Form 4 filed: 2026-04-14. (Filed 5 days after the transaction; appears late under Section 16 timing rules.)
• Transaction type/code: Other disposition (J) — transfer with no cash consideration.
• Shares transferred: 10,143; reported price: $0.00; total reported value: $0.
• Footnote: Transfer pursuant to divorce judgment; reporting person disclaims beneficial ownership.
• Shares owned after transaction: not specified in the supplied filing details.

Context
Transfers made pursuant to divorce judgments are personal/legal transfers and do not indicate an insider’s view on the company’s prospects. The zero‑price transfer and the disclaimer of beneficial ownership mean this is not a sale for cash; retail investors should treat it as a domestic/legal matter rather than a market signal. Note the filing date is several days after the transaction, reducing timely public disclosure.