Buford H. Ortale - Sep 7, 2022 Form 4 Insider Report for Franklin BSP Realty Trust, Inc. (FBRT)

Role: Director
Signature: /s/ Buford H. Ortale, By: Micah Goodman, Attorney-in-Fact
Stock symbol: FBRT
Transactions as of: Sep 7, 2022
Transactions value $: $116,454
Form type: 4
Date filed: 9/9/2022, 07:42 PM
Previous filing: Sep 2, 2022
Next filing: Sep 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FBRT	7.50% Series E Cumulative Redeemable Preferred Stock	Purchase	$73.3K	+3.7K		$19.82	3.7K	Sep 7, 2022	By Trust	F1, F2
transaction	FBRT	7.50% Series E Cumulative Redeemable Preferred Stock	Purchase	$43.1K	+2.2K	+59.46%	$19.60	5.9K	Sep 8, 2022	By Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported represents the weighted average purchase price of the shares acquired. The actual purchase prices ranged from $19.81 to $19.85. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price
F2	Represents shares held by Sewanee Vero LLC, a family trust of which the reporting person's spouse is trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Content

The price reported represents the weighted average purchase price of the shares acquired. The actual purchase prices ranged from $19.81 to $19.85. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price

Represents shares held by Sewanee Vero LLC, a family trust of which the reporting person's spouse is trustee. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.