---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-045644"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T01:54:57.890064+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Realty Trust establishes $200M ATM program; no current intention to use

## Summary
- ATM program allows sale of up to $200M of common stock through multiple agents.
- Company states it does not presently intend to utilize the ATM given current market conditions.
- ATM supplements existing $65M share repurchase program for capital flexibility.
- Commissions to agents capped at 2.0% of gross proceeds from shares sold.
- Program expires November 12, 2024 or upon sale of all shares, whichever comes first.

## SEC filing metadata
- accession: 0001104659-23-045644
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465923045644/0001104659-23-045644-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465923045644/tm2312838d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-045644
- JSON: https://secwatch.observer/filing/0001104659-23-045644.json
- Plain text: https://secwatch.observer/filing/0001104659-23-045644.txt

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