8-K

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):January 28, 2026

Franklin BSP Capital Corporation

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code: (212) 588-6770

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Securities registered pursuant to Section 12(b) of the Act:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging Growth Company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒

Item 5.02. Departure of Directors or Certain Officers; Election of Directors;Appointment of Certain Officers; Compensatory Agreements of Certain Directors

On January 28, 2026, the board of directors of Franklin BSP Capital Corporation (the “Company”) appointed Jamie Smith to serve as Chief Operating Officer of the Company, effective immediately. Mr. Smith, 50, is a Managing Director and Chief Operating Officer of Private Debt with Benefit Street Partners L.L.C. (“BSP”) and will continue in these roles concurrent to his position as Chief Operating Officer of the Company. Prior to rejoining BSP in 2025, Mr. Smith served as Chief Operating Officer of Credit at Platinum Equity. Mr. Smith received a Master of Business Administration from Fordham University and a Bachelor of Business Administration from Baruch College.

Mr. Smith (i) does not have a family relationship with any of the Company’s board of directors or other executive officers; (ii) does not have a material interest in any transaction in which the Company was or is a participant, since the beginning of the Company’s last fiscal year; and (iii) has not entered into, nor expects to enter into, any material plan, contract, arrangement, grant or award in connection with his appointment as the Company’s Chief Operating Officer.

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SIGNATURES

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.

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