other material
confidence high
sentiment neutral
materiality 0.15
Franklin BSP Realty Trust annual meeting results: all director nominees elected, supermajority amendment fails
Franklin BSP Realty Trust, Inc.
- All seven director nominees elected with 42.7M to 44.8M votes for; broker non-votes of 11.7M on each.
- Proposal to eliminate supermajority voting requirement failed, receiving 44.9M for, 556.6K against, but needed two-thirds of outstanding shares.
- Ratification of PwC as independent auditor approved with 56.8M for, 285K against, 208K abstain.
- Advisory say-on-pay vote passed with 38.7M for, 6.7M against, 307.8K abstain; 11.7M broker non-votes.