Every 8-K that Franklin Templeton, Inc. (BEN) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow BEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BEN filings page.
Franklin Resources, Inc. completed an underwritten public offering of $750,000,000 aggregate principal amount of its 5.500% unsecured subordinated Notes due 2036. The notes were issued under an existing shelf registration and an Indenture with The Bank of New York Mellon Trust Company, N.A. as trustee.
The notes bear interest at 5.500% per annum, payable semi-annually in arrears on February 10 and August 10 each year, starting February 10, 2027, and mature on August 10, 2036, unless earlier redeemed. Franklin Resources intends to use the net proceeds to repay approximately $700,000,000 of outstanding revolving borrowings under its Second Amended and Restated Credit Agreement, without permanently reducing commitments, and for general corporate purposes. The notes are redeemable before May 10, 2036 at a make-whole premium based on the Treasury Rate plus 15 basis points, and at par plus accrued interest on or after that date.
Franklin Resources reported third-quarter fiscal 2026 results for the quarter ended June 30, 2026. Net income attributable to the company was $171.5 million, or $0.31 per diluted share, versus $92.3 million or $0.15 a year earlier and $268.2 million or $0.49 in the prior quarter. Operating revenues were $2,358.4 million, up 14% year-over-year, and operating income was $215.8 million. Adjusted non‑GAAP results included $386.3 million of adjusted net income and $0.72 of adjusted diluted EPS, both 47% higher than a year ago. The quarter included $100.0 million of charges related to significant regulatory settlements, $77.2 million of special termination benefits and a $33.0 million impairment of intangible assets.
Assets under management reached a record $1,791.6 billion, driven by $18.4 billion of long‑term net inflows and $98.0 billion of net market change, distributions and other, partly offset by $7.0 billion of cash management outflows. During the quarter, the company returned $521.5 million to shareholders, including repurchasing 10.4 million shares for $348.1 million and paying a quarterly dividend of $0.33 per share.
The company also plans to change its corporate name to Franklin Templeton, Inc. effective August 17, 2026. The change does not affect its capital structure, domicile, outstanding shares, CUSIP, or stockholder voting and other rights, and its common stock will continue to trade on the NYSE under the symbol BEN.
Franklin Resources, Inc. entered into a Second Amended and Restated Credit Agreement with a syndicate of lenders and Bank of America, N.A. as administrative agent. The agreement provides a five-year revolving credit facility with $1,500,000,000 of aggregate commitments, maturing on July 30, 2031, and includes an option to increase commitments by up to $500,000,000. As of the closing date, $700,000,000 was outstanding.
Borrowings bear interest at either a Base Rate or Term SOFR plus a margin tied to the company’s debt rating, and an annual commitment fee is payable on unused commitments. The facility contains customary covenants and a financial covenant requiring a consolidated net leverage ratio not greater than 3.25 to 1.00, and may be used for general corporate purposes. It replaces a prior $1,500,000,000 revolving credit agreement that was scheduled to mature on April 30, 2030, with existing borrowings rolled into the new facility.
Franklin Resources, Inc. approved one-time special retention compensation for senior leadership effective July 21, 2026. The Compensation Committee and Board granted equity Awards with a grant date fair value of approximately USD $15 million to each of four executives, split 50% into performance stock units (PSUs) and 50% into time-based restricted stock units (RSUs).
The PSUs have a three-year performance period covering fiscal years ending September 30, 2027 to 2029 and may pay out from 0% to 187.5% of the PSU portion, with metrics tied to average operating margin and a relative total shareholder return modifier. PSUs vest and convert to stock on December 1, 2029, while RSUs cliff-vest on August 31, 2031. Awards are subject to forfeiture on most terminations, restrictive covenants, and the Executive Compensation Clawback Policy, and are not part of regular annual pay. The CEO and Executive Chairman also received carried interest incentives, giving them a percentage of future carry distributions from select private markets and alternative strategy funds, fully at risk, with vesting over five years and potential clawback based on ultimate fund performance.
Franklin Resources’ subsidiary Western Asset Management reached a settlement with the SEC on June 4, 2026, agreeing to pay a $100 million civil penalty into a Fair Fund for investors. The settlement resolves an SEC investigation into alleged trade allocation issues involving former co-Chief Investment Officer Ken Leech.
Western Asset entered the settlement without admitting wrongdoing and characterized it as a business decision to avoid prolonged litigation and focus on clients. The U.S. Department of Justice separately informed Western Asset it is no longer a subject of its investigation and will take no further action, ending both DOJ and SEC probes.
Franklin Resources, Inc. reported stronger second fiscal quarter results for the period ended March 31, 2026. Net income attributable to the company was $268.2 million, up from $255.5 million in the prior quarter and $151.4 million a year earlier, with diluted EPS of $0.49, up from $0.46 and $0.26. Operating revenues were $2.29 billion, a 9% increase versus the prior year quarter, while operating income more than doubled year over year to $323.3 million, lifting the operating margin to 14.1%.
On a non-GAAP basis, adjusted net income was $384.5 million and adjusted diluted EPS were $0.71, both higher than the prior year. Adjusted operating income rose to $474.6 million, with an adjusted operating margin of 27.1%. Assets under management ended the quarter at $1.68 trillion, up 9% year over year, supported by $16.9 billion of long-term net inflows and $11.4 billion of cash management net inflows. The company repurchased 2.3 million shares for $57.1 million during the quarter.
Franklin Resources, Inc. reported results of its February 3, 2026 annual stockholder meeting. Stockholders approved amendments to expand the company’s equity compensation plans, adding 5,000,000 shares to the 1998 Employee Stock Investment Plan and 25,000,000 shares to the 2002 Universal Stock Incentive Plan.
All 11 director nominees were elected with large majorities, and PricewaterhouseCoopers LLP was ratified as independent auditor for the fiscal year ending September 30, 2026. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers.
Franklin Resources, Inc. filed a Form 8-K to report that it has released financial results for its first fiscal quarter ended December 31, 2025. The company issued a press release with these results and attached it as Exhibit 99.1.
Franklin Resources also made a first-quarter earnings commentary available on its investor website at investors.franklinresources.com. The information in the press release and website commentary is furnished for disclosure purposes and is not treated as filed for liability or incorporation-by-reference purposes under federal securities laws.
Franklin Resources, Inc. expanded its senior unsecured revolving credit facility by $400,000,000 under a joinder agreement with a syndicate of banks, increasing total aggregate commitments from $1,100,000,000 to $1,500,000,000.
The board also authorized the company to repurchase up to an additional 20.8 million shares of common stock, bringing the total shares available for repurchase to 40.0 million. Repurchases may occur in open market or private transactions, the program has no expiration date, and any shares bought are retired. A related press release also notes an increase to the company’s dividend.
Franklin Resources, Inc. reported an update on a U.S. Department of Justice investigation related to past trade allocations involving treasury derivatives in certain accounts managed by its wholly owned subsidiary, Western Asset Management Company, LLC.
The company stated that on December 13, 2025, the DOJ informed it is prepared to resolve this investigation through a disposition that does not require filing any criminal charges against Western Asset in connection with the conduct charged in the case of United States v. Leech. The DOJ also acknowledged Western Asset’s full cooperation as ongoing resolution discussions continue.
Franklin Resources, Inc. (BEN) reported preliminary financial results for its fourth fiscal quarter and fiscal year ended September 30, 2025. The company announced the update via a press release, which is attached as Exhibit 99.1.
The company also posted a fourth quarter and fiscal year earnings commentary on its investor website. The disclosures are furnished under Items 2.02 and 7.01 and are not deemed filed or incorporated by reference, as noted in the filing.
Franklin Resources announced a leadership reshuffle and an experienced commercial hire to oversee global sales, marketing and product strategy. Daniel Gamba will join as Co-President and Chief Commercial Officer, with responsibility for global sales, marketing and product strategy, and will absorb the Head of Global Distribution role. Two existing executives, Terrence Murphy and Matthew Nicholls, were appointed Co-Presidents while the CEO will relinquish the President title.
The company disclosed Mr. Gamba's fiscal 2026 pay package: a $700,000 base salary, a minimum $5.5 million annual bonus, performance-based restricted stock valued at $1.6 million, an annual restricted stock grant of $700,000, and one-time awards including a $3.362 million bonus and a $9.1 million restricted stock grant for forfeited deferred compensation. Stock awards vest over three years and accelerate on termination without cause.