---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-003703"
form_type: "8-K"
ticker: "FBRT"
cik: "0001562528"
company_name: "Franklin BSP Realty Trust, Inc."
filed_at: "2024-01-12T23:59:59+00:00"
generated_at: "2026-06-06T23:52:49.404439+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 extends Series H preferred mandatory conversion to Jan 21, 2025

## Summary
- Mandatory conversion date pushed from Jan 19, 2024 to Jan 21, 2025 per holder request.
- Holder may convert up to 4,487 shares per month through Dec 2024 (10 business days' notice).
- No other terms of Series H Articles Supplementary were changed.
- Amendment filed Jan 10, 2024; sole holder and Board approved via written consent on Jan 8, 2024.

## SEC filing metadata
- accession: 0001104659-24-003703
- form_type: 8-K
- ticker: FBRT
- cik: 0001562528
- company_name: Franklin BSP Realty Trust, Inc.
- filed_at: 2024-01-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1562528/000110465924003703/0001104659-24-003703-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1562528/000110465924003703/tm242540d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-003703
- JSON: https://secwatch.observer/filing/0001104659-24-003703.json
- Plain text: https://secwatch.observer/filing/0001104659-24-003703.txt

## Key facts
- Governance Changes
  Franklin BSP Realty Trust, Inc.: Amended Series H Articles Supplementary to extend mandatory conversion date for Series H Preferred Stock from January 19, 2024 to January 21, 2025, and grant holder monthly conversion right for up to 4,487 shares through December 2024 (effective 2024-01-10).
  - Change: charter amendment
  - Effective: 2024-01-10
  source text: On January 10, 2024, Franklin BSP Realty Trust, Inc. (the “ Company ”) filed Amendment No. 2 (the “ Amendment ”) to the Articles Supplementary (the “ Series H Articles Supplementary ”) relating to the Company’s Series H Convertible Preferred Stock, $0.01 par value per share (the “ Series H Preferred Stock ”) with the Maryland State Department of Assessments and Taxation, which Amendment became effective upon filing.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1562528/000110465924003703/0001104659-24-003703-index.htm

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