Boardroom Alpha
Meeting calendar
FBRT · Annual meeting · Monday, June 8, 2026

Franklin Bsp Realty Trust Inc

6 nominees · 3 ballot items.

Election of six directors; Ratification of PwC as independent auditors for 2026; Advisory vote to approve named executive officers’ compensation.

Market cap
$628M
1Y TSR
-15.2%
Board grade
C
Record date
Apr 3, 2026
Filing
DEF 14A
Meeting concluded · Jun 8, 2026

Follow how the vote landed and what changed on Franklin Bsp Realty Trust Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Election of six nominees to the Board of Directors to serve one-year terms until the 2027 annual meeting.

  2. 2

    Ratification of Appointment of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

    More detail

    The proposal asks shareholders to ratify PwC as the independent registered public accounting firm for 2026. Management (through the Audit Committee) selected PwC, which has served since 2023, and believes submitting the appointment to stockholders is good corporate governance. The ratification is routine and intended to provide investor confidence in auditor independence and continuity; the Audit Committee retains authority to change auditors even if ratified. The Board recommends a vote FOR, noting pre-approval policies and disclosed audit fees; the proposal carries minimal governance controversy and is standard practice.

  3. 3

    Advisory Vote on the Compensation of Named Executive Officers (Say-on-Pay

    ManagementBoard: FOR

    Non-binding, advisory vote to approve the compensation of the Company’s named executive officers as disclosed in the proxy statement.

    More detail

    This management-sponsored advisory proposal asks shareholders to approve, on a non-binding basis, the Company’s executive compensation as disclosed in the CD&A and related tables. The Board recommends FOR, emphasizing alignment via RSUs, the Compensation Committee’s independent oversight, use of an independent consultant, and stockholder engagement. Context: FBRT is externally managed, NEOs are employees of the Advisor and receive no cash from FBRT; FBRT grants RSUs to align interests. Management argues the program supports retention and alignment; results of prior Say-on-Pay showed ~85% support in 2025. The advisory nature means the Board will consider results but is not bound by them.

Director elections

Nominees on the ballot6

Not independent
Tenure on this board
9.8 yrs
Also a director at
Wynn Resorts Ltd (WYNN)NONE
Independent
Tenure on this board
13.5 yrs
Also a director at
National Healthcare Properties Inc (NHP)American Strategic Investment Co (NYC)NONE
Ownership

Top institutional holders10

Latest 13F quarter
1BlackRock, Inc.12.8%9,814,257$83M
2VANGUARD CAPITAL MANAGEMENT LLC4.6%3,560,609$30M
3STATE STREET CORP4.2%3,209,539$28M
4MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.4.0%3,091,748$26M
5VANGUARD PORTFOLIO MANAGEMENT LLC3.6%2,782,850$24M
6BlackRock, Inc.3.0%2,287,448$19M
7GRATIA CAPITAL, LLC2.6%1,966,826$17M
8GEODE CAPITAL MANAGEMENT, LLC2.3%1,749,174$15M
9Invesco Ltd.2.2%1,671,429$14M
10FRANKLIN RESOURCES INC1.9%1,500,071$13M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Franklin Bsp Realty Trust Inc 2026 annual meeting?
Franklin Bsp Realty Trust Inc (FBRT) holds its 2026 annual shareholder meeting on Monday, June 8, 2026.
What is the record date for the Franklin Bsp Realty Trust Inc 2026 meeting?
The record date for the Franklin Bsp Realty Trust Inc 2026 meeting is Friday, April 3, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Franklin Bsp Realty Trust Inc's 2026 meeting?
The board is presenting 6 director nominees at the Franklin Bsp Realty Trust Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Franklin Bsp Realty Trust Inc 2026 meeting?
Shareholders will vote on 3 proposals at the Franklin Bsp Realty Trust Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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