secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Realty Trust, Inc. (FBRT)
CIK:        0001562528
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001104659-23-068543
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Realty Trust annual meeting: supermajority amendment fails, say-on-pay passes
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- Proposal to eliminate supermajority voting failed with 43.3M for, 620.7K against, not reaching two-thirds threshold.
- Advisory vote on executive compensation approved: 34.8M for, 9.0M against, 363.5K abstain.
- Advisory vote on frequency: 43.1M favored every year; board will hold annual say-on-pay votes.
- All seven director nominees elected, with Peter J. McDonough receiving the most votes against (3.4M).
- Proposal to ratify Ernst & Young as auditor was withdrawn; audit committee changed auditors post-meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562528/000110465923068543/0001104659-23-068543-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562528/000110465923068543/tm2317846d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-068543

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer