---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-047464"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2022-04-20T23:59:59+00:00"
generated_at: "2026-06-26T06:10:14.836176+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Realty Trust converts all Series F Preferred Stock into common shares

## Summary
- All 39,733,299 outstanding Series F Convertible Preferred shares auto-converted to common on April 19, 2022.
- Common stock outstanding rises to 83,690,662 shares; no Series F Preferred shares remain.
- Converted common shares are freely tradeable on NYSE; still outstanding: 1,400 Series C, 17,950 Series D, and 10,329,039 Series E Preferred shares.
- Conversion eliminates convertible preferred overhang and simplifies capital structure.

## SEC filing metadata
- accession: 0001104659-22-047464
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2022-04-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465922047464/0001104659-22-047464-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465922047464/tm2213083d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-047464
- JSON: https://secwatch.observer/filing/0001104659-22-047464.json
- Plain text: https://secwatch.observer/filing/0001104659-22-047464.txt

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