Franklin BSP Real Estate Debt, Inc. 8-K

What Happened
Franklin BSP Real Estate Debt, Inc. announced on February 13, 2026 (8-K filed the same day) that it paid distributions to holders of record as of January 30, 2026. Distributions were made on Class G, Class G‑D, Class G‑S and Class E common stock (each $0.001 par value) and were paid either in cash or reinvested under the company’s distribution reinvestment plan.

Key Details

• Payment date: February 13, 2026; record date: January 30, 2026.
• Gross distribution per share for all listed classes: $0.1667.
• Servicing fees and resulting net distributions:
  • Class G: Gross $0.1667 — Net $0.1667 (no fee)
  • Class G‑D: Gross $0.1667; Servicing fee $0.0049; Net $0.1618
  • Class G‑S: Gross $0.1667; Servicing fee $0.0163; Net $0.1504
  • Class E: Gross $0.1667 — Net $0.1667 (no fee)
• Distributions were paid in cash or reinvested for shareholders participating in the DRIP. The 8-K was signed by Jerome S. Baglien, CFO/COO/Treasurer.

Why It Matters
Regular distributions provide income to shareholders and affect the cash yield of each share class. Investors should note that servicing fees reduced the net per‑share payout for Class G‑D and Class G‑S, while Class G and Class E received the full gross amount. This filing reports a routine distribution payment and does not announce changes to corporate governance, earnings, or capital structure.