{"schema_version":"secwatch.filing_event.v1","accession":"0001717547-25-000045","form_type":"8-K","ticker":"BRSP","cik":"0001717547","company_name":"BrightSpire Capital, Inc.","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.456951+00:00","generated_at":"2026-05-23T03:57:49.387400+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"BrightSpire Capital Q1 2025 GAAP EPS $0.04, book value $7.92 per share","bullets":["GAAP net income $5.3M ($0.04/share); Distributable Earnings $11.4M ($0.09/share); Adjusted Distributable Earnings $20.1M ($0.16/share).","GAAP book value $7.92/share; undepreciated book value $8.75/share as of March 31, 2025.","CEO notes positive net deployment YTD, reduced leverage, and stable watchlist and CECL reserves quarter-over-quarter.","Slight book value decrease attributed to annual equity grants; no guidance update provided."],"urls":{"canonical":"https://secwatch.observer/filing/0001717547-25-000045","json":"https://secwatch.observer/filing/0001717547-25-000045.json","markdown":"https://secwatch.observer/filing/0001717547-25-000045.md","text":"https://secwatch.observer/filing/0001717547-25-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717547/000171754725000045/0001717547-25-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717547/000171754725000045/brsp-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:57:49.387400+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}