Director at Franklin Resources (NYSE: BEN) purchases 7,593 shares at $27
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Franklin Resources reported an insider share purchase by one of its directors. On 02/03/2026, the director acquired 7,593 shares of Franklin Resources common stock at a price of $27 per share. After this transaction, the director directly owned 47,152 shares.
This Form 4/A is described as an administrative amendment made solely to correct the transaction date, with no other changes to the previously reported information.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Noto Anthony
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.10 | 7,593 | $27.00 | $205K |
Holdings After Transaction:
Common Stock, par value $.10 — 47,152 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Franklin Resources (BEN) disclose in this Form 4/A?
Franklin Resources disclosed that one of its directors acquired additional common shares. On 02/03/2026, the director bought 7,593 shares of Franklin Resources common stock at a price of $27 per share, increasing their directly held stake in the company.
Was the Franklin Resources (BEN) insider transaction a purchase or a sale?
The transaction reported was a purchase. The Form 4/A shows the director acquired 7,593 shares of Franklin Resources common stock, coded as an "A" (acquired) transaction, at a price of $27 per share on 02/03/2026, increasing the director’s direct holdings.
Is the Franklin Resources (BEN) director’s ownership direct or indirect after this filing?
The director’s ownership is reported as direct. Following the 7,593-share acquisition at $27 per share on 02/03/2026, the filing lists 47,152 shares under "Ownership Form: Direct (D)", indicating the shares are held directly rather than through an intermediary entity.
What change does this amended Form 4/A for Franklin Resources (BEN) make?
The amendment is described as administrative. The explanation states that this Form 4/A is filed solely to correct the transaction date related to the previously reported share acquisition, and confirms that no other aspects of the original report are changed.
What role does the reporting person hold at Franklin Resources (BEN)?
The reporting person is identified as a director of Franklin Resources. The relationship section of the filing has the "Director" box checked, while the other relationship categories, such as officer or 10% owner, are not selected in this particular disclosure.