---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-002366"
form_type: "8-K"
ticker: "FSP"
cik: "0001031316"
company_name: "FRANKLIN STREET PROPERTIES CORP /MA/"
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:31:37.839850+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Director O'Neil not seeking re-election; Board size reduced to 7

## Summary
- Kathryn P. O'Neil will not stand for re-election at the May 16, 2024 annual meeting.
- Board reduced from 8 to 7 members, effective after the annual meeting.
- O'Neil's decision is voluntary and not due to any disagreement with the company.

## SEC filing metadata
- accession: 0001558370-24-002366
- form_type: 8-K
- ticker: FSP
- cik: 0001031316
- company_name: FRANKLIN STREET PROPERTIES CORP /MA/
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031316/000155837024002366/0001558370-24-002366-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031316/000155837024002366/fsp-20240227x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002366
- JSON: https://secwatch.observer/filing/0001558370-24-002366.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002366.txt

## Key facts
- Executive change
  Kathryn P. O'Neil departed as Director at FRANKLIN STREET PROPERTIES CORP /MA/.
  - Action: not stand for re-election
  - Role: Director
  source text: On February 27, 2024, Ms. Kathryn P. O’Neil, a member of our Board of Directors (the “Board”), notified us of her decision not to stand for re-election at our upcoming 2024 annual meeting of stockholders scheduled for May 16, 2024 (the “2024 Annual Meeting”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031316/000155837024002366/0001558370-24-002366-index.htm

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