{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-035281","form_type":"8-K","ticker":"FBRT","cik":"0001562528","company_name":"Franklin BSP Realty Trust, Inc.","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.588628+00:00","generated_at":"2026-06-17T21:18:35.744454+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Franklin BSP Realty Trust appoints Michael Comparato as President; Byrne remains CEO","bullets":["Michael Comparato appointed President on March 20, 2023, effective immediately.","Richard J. Byrne continues as Chairman and CEO of the Company.","Comparato is a managing director at Benefit Street Partners, head of real estate since 2017.","Previously led U.S. Equity Investments at Ladder Capital and was president of BankAtlantic Commercial Mortgage Capital.","No family relationships or transactions with the Company."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-035281","json":"https://secwatch.observer/filing/0001104659-23-035281.json","markdown":"https://secwatch.observer/filing/0001104659-23-035281.md","text":"https://secwatch.observer/filing/0001104659-23-035281.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/0001104659-23-035281-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/tm2310118d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:18:35.744454+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6625ffc320","claim":"Michael Comparato was appointed as President at Franklin BSP Realty Trust, Inc..","evidence_excerpt":"On March 20, 2023, the board of directors (the “ Board ”) of Franklin BSP Realty Trust, Inc. (the “ Company ”) appointed Michael Comparato to succeed Richard J. Byrne as the Company’s President, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562528/000110465923035281/0001104659-23-035281-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}