---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-073189"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2026-06-29T21:05:15+00:00"
generated_at: "2026-06-29T21:06:21.585844+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Capital shareholders elect Kramer, Michelson as directors, approve below-NAV stock sales

## Summary
- Ronald J. Kramer and Leslie D. Michelson elected Class III directors until 2029 with ~64.6M and ~65.0M votes for, respectively.
- Proposal to sell common stock below NAV passed with 54.4M for, 12.9M against, 4.0M abstentions (excluding affiliated shares).
- Below-NAV issuance capped at 25% of then-outstanding common stock per offering, subject to board approval.
- Meeting reconvened on June 23, 2026; record date April 7, 2026 with 135,981,783 common shares outstanding.

## SEC filing metadata
- accession: 0001213900-26-073189
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2026-06-29T21:05:15+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000121390026073189/0001213900-26-073189-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000121390026073189/ea0296120-8k_franklin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-073189
- JSON: https://secwatch.observer/filing/0001213900-26-073189.json
- Plain text: https://secwatch.observer/filing/0001213900-26-073189.txt

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