{"schema_version":"secwatch.filing_event.v1","accession":"0001717547-26-000050","form_type":"8-K","ticker":"BRSP","cik":"0001717547","company_name":"BrightSpire Capital, Inc.","filed_at":"2026-05-20T21:01:09+00:00","discovered_at":"2026-05-20T21:02:00.397669+00:00","generated_at":"2026-05-20T21:03:34.191650+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"BrightSpire extends CEO Mazzei's term to 2030; reduces bonus and LTIP targets for 2027-2029","bullets":["CEO Michael Mazzei's employment term extended from March 31, 2027 to March 31, 2030.","Annual cash bonus target reduced: 2027 to $1.575M, 2028 to $1.45M, 2029 to $1.375M (from $1.75M).","Annual LTIP target reduced: 2027 to $2.7M, 2028 to $2.475M, 2029 to $2.375M (from $3.0M).","Severance calculation retains original $1.75M bonus and $3.0M LTIP targets despite amendments.","Base salary remains $800,000; amendment effective May 19, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001717547-26-000050","json":"https://secwatch.observer/filing/0001717547-26-000050.json","markdown":"https://secwatch.observer/filing/0001717547-26-000050.md","text":"https://secwatch.observer/filing/0001717547-26-000050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1717547/000171754726000050/0001717547-26-000050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1717547/000171754726000050/brsp-20260519.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T21:03:34.191650+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"}