secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Realty Trust, Inc. (FBRT)
CIK:        0001562528
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001104659-26-005433
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.03, 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Realty Trust extends Series H Preferred mandatory conversion date to Jan 2028
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- Mandatory conversion date for Series H Convertible Preferred Stock extended from Jan 21, 2026 to Jan 21, 2028.
- Holder may convert up to 4,887 shares monthly upon 10 business days' notice, a new conversion right.
- Extension approved by Board and sole holder via written consent; no other terms amended.
- Company and holder may mutually agree to further one-year extensions before each mandatory conversion date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1562528/000110465926005433/0001104659-26-005433-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1562528/000110465926005433/tm263316d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-005433

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