---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-151745"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2021-12-20T23:59:59+00:00"
generated_at: "2026-06-27T23:41:34.523998+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CFO Jerome Baglien appointed COO; DRIP reinstated after Capstead merger

## Summary
- Jerome Baglien, CFO and Treasurer, also named Chief Operating Officer effective Dec 17, 2021.
- Dividend Reinvestment Plan (DRIP) amended and reinstated after temporary suspension related to Capstead merger.
- DRIP purchases can be newly issued shares or open market; price based on NYSE daily high/low on payment date.
- Existing DRIP participants will have Q4 dividends reinvested; new enrollment via company website or broker.

## SEC filing metadata
- accession: 0001104659-21-151745
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2021-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465921151745/0001104659-21-151745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465921151745/tm2135730d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-151745
- JSON: https://secwatch.observer/filing/0001104659-21-151745.json
- Plain text: https://secwatch.observer/filing/0001104659-21-151745.txt

## Key facts
- Executive change
  Jerome Baglien was appointed as Chief Operating Officer at Franklin BSP Realty Trust, Inc..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On December 17, 2021, the board of directors of Franklin BSP Realty Trust, Inc. (the “ Company ”) appointed Jerome Baglien, the Company’s Chief Financial Officer and Treasurer, to also serve as the Company’s Chief Operating Officer, effective December 17, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562528/000110465921151745/0001104659-21-151745-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.