X0508 4 2026-01-27 0 0001562528 Franklin BSP Realty Trust, Inc. FBRT 0001686801 Baglien Jerome S. 1345 AVENUE OF THE AMERICAS SUITE 32A NEW YORK NY 10105 0 1 0 0 CFO and COO 0 Common Stock 2026-01-27 4 A 0 100261 0 A 337278 D Common Stock 2026-01-27 4 F 0 27264 10.17 D 310014 D Represents RSUs granted to the reporting person pursuant to the Issuer's 2021 Equity Incentive Plan. The RSUs will vest in three equal annual installments beginning on January 27, 2027, subject to the reporting person's continued qualifying service. One share of the Issuer's common stock will be issued for each RSU upon vesting. Represents shares of common stock withheld to satisfy tax withholding obligations incident to the vesting of restricted stock units ("RSUs") awarded to the reporting person on January 27, 2023, February 1, 2024 and January 27, 2025. /s/ Jerome Baglien, By: Micah Goodman, Attorney-in-Fact* 2026-01-28