X0202 SCHEDULE 13G/A 0001661655 XXXXXXXX LIVE 3 Class A common stock, par value $0.01 per share 06/30/2026 0001717547 BrightSpire Capital, Inc. 10949T109 590 Madison Avenue 33rd Floor New York NY 10022 Rule 13d-1(b) Nut Tree Capital Management, LP DE 0 1937826.00 0 1937826.00 1937826.00 1.5 IA PN Nut Tree Capital Management GP, LLC DE 0 1937826.00 0 1937826.00 1937826.00 1.5 OO HC Jared R. Nussbaum X1 0 1937826.00 0 1937826.00 1937826.00 1.5 IN HC BrightSpire Capital, Inc. 590 Madison Avenue, 33rd Floor, New York, NY 10022 This Statement is filed on behalf of each of the following persons (collectively, the "Reporting Persons"): i) Nut Tree Capital Management, LP ("Nut Tree Capital Management"); ii) Nut Tree Capital Management GP, LLC ("Nut Tree Capital Management GP"); and iii) Jared R. Nussbaum ("Mr. Nussbaum"). This Statement relates to Class A common stock, par value $0.01 per share (the "Shares"), held by Nut Tree Master Fund, LP ("Nut Tree Master Fund"). Nut Tree Capital Management serves as investment adviser to Nut Tree Master Fund. Nut Tree Capital Management GP serves as a general partner of Nut Tree Capital Management. Mr. Nussbaum serves as Chief Investment Officer and managing partner of Nut Tree Capital Management, and is the sole member of Nut Tree Capital Management GP. The address of the principal business office of each of the Reporting Persons is 55 Hudson Yards, 22nd Floor, New York, NY 10001. i) Nut Tree Capital Management is a Delaware limited partnership; ii) Nut Tree Capital Management GP is a Delaware limited liability company; and iii) Mr. Nussbaum is a citizen of the United States of America. N HC IA As of June 30, 2026, each of the Reporting Persons may be deemed the beneficial owner of 1,937,826 Shares held by Nut Tree Master Fund. As of June 30, 2026, each of the Reporting Persons may be deemed the beneficial owner of approximately 1.5% of the Shares outstanding. (There were approximately 126,789,991 Shares outstanding as of June 30, 2026, according to the Issuer's quarterly report on Form 10-Q, filed July 29, 2026. 0 1,937,826 0 1,937,826 N Y N See disclosure in Items 2 and 4 hereof. N See disclosure in Item 2 hereof. Y Y N By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Nut Tree Capital Management, LP /s/ Jared R. Nussbaum 08/14/2026 Nut Tree Capital Management GP, LLC /s/ Jared R. Nussbaum 08/14/2026 Jared R. Nussbaum /s/ Jared R. Nussbaum 08/14/2026