Franklin BSP Realty Trust President Michael Comparato Gains RSUs
The equity transactions reflect both new incentive grants and automatic share withholding tied to prior RSU vesting events.
January 29, 2026
Michael Comparato Receives RSU Grant and Reports Share Withholding at Franklin BSP Realty Trust
On January 27, 2026, Franklin BSP Realty Trust’s President, Michael Comparato, received a new equity award—66,841 restricted stock units (RSUs) granted under the company’s 2021 Equity Incentive Plan. The award is designed to vest in three equal parts beginning January 27, 2027. Each vested unit will convert into a share of FBRT common stock, assuming continued qualifying service.
These RSUs add to Comparato’s existing position. Following the grant, his direct ownership rose to 538,455 shares. But that number didn’t hold for long.
On the same day, the company also withheld 28,584 shares from Comparato’s holdings. These shares were used to settle tax obligations stemming from RSUs that vested from earlier grants—specifically those awarded in 2023, 2024, and 2025. The withholding price was set at $10.17 per share, in line with the stock’s trading value at the time.
After the tax-related disposition, Comparato’s reported direct ownership stood at 509,871 shares.
While no shares were sold in the open market and no derivatives were exercised, these updates are a routine part of executive equity management. They give investors visibility into changes in ownership and the mechanics of long-term incentive plans.
All transactions in the filing were made outside of any Rule 10b5-1 trading plan and were executed by the company as part of its standard equity administration.
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