UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01. Other Events.
Amended and Restated Independent Director Compensation Policy
On November 7, 2024, the Board adopted an Amended and Restated Independent Director Compensation Policy (the “Amended Compensation Policy”) to be effective as of January 1, 2025, which replaces the Independent Director Compensation Policy adopted by the Board on November 10, 2022 (the “Previous Compensation Policy”). The Amended Compensation Policy provides that members of the Company’s audit committee will receive an additional retainer of $10,000 ($25,000 in the case of the audit committee chairperson). The independent director annual retainer remains at $150,000 paid in equal quarterly installments, with the option for each director to elect to receive 40% to 50% in cash and the remaining in Class I restricted stock.
The foregoing description of the Amended Compensation Policy is a summary only and is qualified in all respects by the provisions of the Amended Compensation Policy, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibit
| EXHIBIT |
DESCRIPTION | |
| 10.1 | Amended and Restated Independent Director Compensation Policy | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FS Credit Real Estate Income Trust, Inc. | ||||||
| Date: November 13, 2024 | By: | /s/ Stephen S. Sypherd | ||||
| Stephen S. Sypherd | ||||||
| Vice President, Treasurer and Secretary | ||||||