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.
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.
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of six nominees to the Board of Directors to serve one-year terms until the 2027 annual meeting.
- 2
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify 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
Advisory Vote on the Compensation of Named Executive Officers (Say-on-Pay
ManagementBoard: FORNon-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.
Nominees on the ballot6
Top institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 12.8% | 9,814,257 | $83M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 4.6% | 3,560,609 | $30M |
| 3 | STATE STREET CORP | 4.2% | 3,209,539 | $28M |
| 4 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 4.0% | 3,091,748 | $26M |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.6% | 2,782,850 | $24M |
| 6 | BlackRock, Inc. | 3.0% | 2,287,448 | $19M |
| 7 | GRATIA CAPITAL, LLC | 2.6% | 1,966,826 | $17M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 2.3% | 1,749,174 | $15M |
| 9 | Invesco Ltd. | 2.2% | 1,671,429 | $14M |
| 10 | FRANKLIN RESOURCES INC | 1.9% | 1,500,071 | $13M |
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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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