{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-108440","form_type":"8-K","ticker":"FBRT","cik":"0001562528","company_name":"Franklin BSP Realty Trust, Inc.","filed_at":"2026-09-17T12:43:51+00:00","discovered_at":"2026-09-17T12:45:00.886159+00:00","generated_at":"2026-09-17T12:45:12.363276+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"FBRT reappoints Richard Byrne as CEO; Comparato resigns for family reasons","bullets":["Michael Comparato resigned as CEO Sept 15, 2026 to spend more time with family; stays as BSP Senior Advisor through 2027.","Richard Byrne reappointed CEO effective Sept 16, 2026; he was CEO 2016-Feb 2026 and remains Chairman.","CFO/COO Jerome Baglien named Co-President alongside Brian Buffone, will lead BSP's CRE debt platform.","Leadership changes effective immediately; no financial guidance or restatement provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-108440","json":"https://secwatch.observer/filing/0001104659-26-108440.json","markdown":"https://secwatch.observer/filing/0001104659-26-108440.md","text":"https://secwatch.observer/filing/0001104659-26-108440.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/tm2625511d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-09-17T12:45:12.363276+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3c3f2d6ded","claim":"Jerome S. Baglien was appointed as Co-President at Franklin BSP Realty Trust, Inc..","evidence_excerpt":"appointed Jerome S. Baglien, the Company’s Chief Financial Officer and Chief Operating Officer, to serve as Co-President of the Company, effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed as Co-President"},{"label":"Role","value":"Co-President"}],"fact_type":"executive_change"},{"claim_id":"3e5b866762","claim":"Michael Comparato departed as Chief Executive Officer at Franklin BSP Realty Trust, Inc..","evidence_excerpt":"resigned as the Company’s Chief Executive Officer on September 15, 2026","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned as CEO"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"ef3f0248f9","claim":"Richard J. Byrne was appointed as Chief Executive Officer at Franklin BSP Realty Trust, Inc..","evidence_excerpt":"reappointed Richard J. Byrne as the Company’s Chief Executive Officer, effective immediately","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1562528/000110465926108440/0001104659-26-108440-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"reappointed as CEO"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}