FBRT Franklin BSP Realty Trust, Inc.

NEUTRAL Impact: 2/10 Insider Buy
Horizon days Filed Jun 18, 2026 Processed 3d 7h ago SEC 0001104659-26-075331
Insider cluster: 1 insiders, $292K total

Price Chart

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Executive Summary

Director Buford H. Ortale purchased $292K of FBRT shares on June 15, 2026, at two different prices ($8.44 and $19.75), representing 0.045% of market cap. The small size and non-C-suite status make this a routine insider buy with limited signaling value.

Key Financial Metrics

Direction
buying
Total Value
$292.0K
Insiders
1

Actionable Insight

This single small director buy is not a strong signal. Monitor for additional insider purchases or C-suite activity to confirm conviction. The price discrepancy ($8.44 vs $19.75) is unusual and may warrant verification of filing accuracy.

Key Facts

  • Director Buford H. Ortale bought 25.9K shares at $8.44 ($219K) and 3.7K shares at $19.75 ($73K) on June 15, 2026.
  • Total purchase value of $292K is 0.045% of FBRT's $648M market cap, well below the 0.1% materiality threshold.
  • Insider is a Director, not C-suite, reducing signaling weight per academic literature.
  • Historical calibration for this segment shows negative average net alpha at T+20 (-2.18%) and low observed win rates for scores 6-9.

Financial Impact

Trivial — $292K purchase is 0.045% of market cap, no material financial impact.

dilution

Risk Factors

  • Price discrepancy in reported trades may indicate data error or different security types.
  • Historical calibration suggests negative forward returns for this segment, cautioning against bullish interpretation.

Market Snapshot

Exchange
NYSE
Sector
Real Estate Investment Trusts
Analyst Consensus
82% bullish (11 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
INSIDER-BUY Data (Synthetic)0001104659-26-075331
4 reports for FBRT
Performance horizon
Filters
Rows
Reports for FBRT — sortable, filterable
Type Now
Jun 18, 2026
3d ago
Insider Buy
NEUTRAL ★ 2/10
$8.19 awaiting T+20awaiting T+20$8.43 (+2.93%)
Apr 29, 2026
7w ago
8-K
MIXED ★ 4/10
$19.82 $19.88▲ +0.30%▼ −4.92%$8.43 (−57.47%)
Apr 20, 2026
8w ago
8-K
NEUTRAL ★ 5/10
$19.70 $19.86▲ +0.81%▼ −4.10%$8.43 (−57.21%)
Apr 17, 2026
9w ago
DEFA14A
NEUTRAL ★ 3/10
$19.86 $19.98▲ +0.58%▼ −4.79%$8.43 (−57.55%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (27h 46m)

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