Franklin Resources CEO granted 229,850 shares

Q: What insider transaction did BEN CEO Jennifer M. Johnson report?

Jennifer M. Johnson reported receiving a grant of 229,850 shares of Franklin Resources common stock on July 21, 2026 at $32.63 per share. The award is coded as a grant or other acquisition of non-derivative common stock under the company’s equity arrangements.

Q: What portion of Jennifer M. Johnson’s BEN position is unvested RSUs?

Of the securities she beneficially owns, 817,049 shares are described as unvested restricted stock unit awards. These RSUs are included within her reported holdings and will typically convert into common stock as vesting conditions are satisfied over time.

Q: What indirect BEN holdings does Jennifer M. Johnson report through entities?

She reports indirect interests including 2,677.0067 shares in a Franklin Templeton 401(k) Retirement Plan, 2,637,700 shares via a business limited partnership, 605,929 shares held by or for her children, and 216,900 shares via a venture limited partnership, with certain children’s trust interests disclaimed.

Q: Does Jennifer M. Johnson hold BEN shares through retirement or benefit plans?

Yes. She holds Franklin Resources shares through the Franklin Templeton 401(k) Retirement Plan, with 2,677.0067 shares reported based on a plan statement dated January 9, 2026. These holdings are reported as indirect ownership separate from her directly held common stock.

JOHNSON JENNIFER M reported acquisition or exercise transactions in this Form 4 filing.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

JOHNSON JENNIFER M reported acquisition or exercise transactions in this Form 4 filing.

Franklin Resources reports that Chief Executive Officer Jennifer M. Johnson received a grant of 229,850 shares of common stock on July 21, 2026 at $32.63 per share. After this award she directly holds 3,554,034.0046 shares, including 817,049 unvested restricted stock units, plus additional indirect holdings via a 401(k), partnerships and children’s trusts, some of which she disclaims beneficial ownership.

Insider Trade Summary

Grant/Award: 229,850 shares

Grant/Award 5 txns

Insider JOHNSON JENNIFER M

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.10 ^F1	229,850	$32.63	$7.50M
holding	Common Stock, par value $.10 ^F2	--	--	--
holding	Common Stock, par value $.10 ^F3	--	--	--
holding	Common Stock, par value $.10 ^F4	--	--	--
holding	Common Stock, par value $.10 ^F5	--	--	--

Holdings After Transaction: Common Stock, par value $.10 — 3,554,034.0046 shares (Direct); Common Stock, par value $.10 — 2,677.0067 shares (Indirect, By 401(k)); Common Stock, par value $.10 — 2,637,700 shares (Indirect, By Business Limited Partnership); Common Stock, par value $.10 — 605,929 shares (Indirect, By Children or As Trustee For Children); Common Stock, par value $.10 — 216,900 shares (Indirect, By Venture Limited Partnership)

Footnotes (5)

F1. Of the amount of securities beneficially owned, 817,049 shares represent unvested restricted stock unit awards.
F2. Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of January 9, 2026.
F3. Business limited partnership under control of Reporting Person.
F4. Shares held by Reporting Person's children or by Reporting Person as trustee for her children. Reporting Person disclaims beneficial ownership of such shares.
F5. Limited partnership for the benefit of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.

Key Figures

Stock grant: 229,850 shares Grant price: $32.63 per share Direct holdings after grant: 3,554,034.0046 shares +5 more

8 metrics

Stock grant 229,850 shares Common stock awarded to CEO on July 21, 2026

Grant price $32.63 per share Price reported for common stock grant on July 21, 2026

Direct holdings after grant 3,554,034.0046 shares Directly held BEN common stock following July 21, 2026 award

Unvested RSUs 817,049 shares Portion of beneficially owned shares that are unvested restricted stock unit awards

Indirect via business limited partnership 2,637,700 shares Indirect BEN common stock held by a business limited partnership under the reporting person’s control

Indirect via children or trusts 605,929 shares Shares held by children or as trustee for children; beneficial ownership disclaimed

Indirect via venture limited partnership 216,900 shares Indirect BEN common stock held by a venture limited partnership with children’s trusts interests

401(k) plan holdings 2,677.0067 shares BEN shares in Franklin Templeton 401(k) Retirement Plan, based on January 9, 2026 statement

Key Terms

unvested restricted stock unit awards, beneficial ownership, 401(k) Retirement Plan, business limited partnership, +1 more

5 terms

unvested restricted stock unit awards financial

"817,049 shares represent unvested restricted stock unit awards"

beneficial ownership financial

"Of the amount of securities beneficially owned, 817,049 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

401(k) Retirement Plan financial

"holds shares in the Franklin Templeton 401(k) Retirement Plan"

business limited partnership financial

"Business limited partnership under control of Reporting Person"

irrevocable trusts financial

"owned in part by irrevocable trusts for the benefit of Reporting Person's children"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BEN CEO Jennifer M. Johnson report?

Jennifer M. Johnson reported receiving a grant of 229,850 shares of Franklin Resources common stock on July 21, 2026 at $32.63 per share. The award is coded as a grant or other acquisition of non-derivative common stock under the company’s equity arrangements.

How many BEN shares does Jennifer M. Johnson hold after this grant?

Following the transaction, Jennifer M. Johnson directly holds 3,554,034.0046 shares of Franklin Resources common stock, of which 817,049 shares represent unvested restricted stock unit awards. She also reports various indirect interests through a 401(k), business and venture limited partnerships, and children’s trusts.

What portion of Jennifer M. Johnson’s BEN position is unvested RSUs?

Of the securities she beneficially owns, 817,049 shares are described as unvested restricted stock unit awards. These RSUs are included within her reported holdings and will typically convert into common stock as vesting conditions are satisfied over time.

What indirect BEN holdings does Jennifer M. Johnson report through entities?

She reports indirect interests including 2,677.0067 shares in a Franklin Templeton 401(k) Retirement Plan, 2,637,700 shares via a business limited partnership, 605,929 shares held by or for her children, and 216,900 shares via a venture limited partnership, with certain children’s trust interests disclaimed.

On what date and at what price was the BEN stock grant to the CEO made?

The reported equity grant to Jennifer M. Johnson occurred on July 21, 2026 at a price of $32.63 per share. The transaction involved 229,850 shares of Franklin Resources common stock classified as a grant, award, or other acquisition.

Does Jennifer M. Johnson hold BEN shares through retirement or benefit plans?

Yes. She holds Franklin Resources shares through the Franklin Templeton 401(k) Retirement Plan, with 2,677.0067 shares reported based on a plan statement dated January 9, 2026. These holdings are reported as indirect ownership separate from her directly held common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Accepted by SEC EDGAR 07/23/2026 - 04:27 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

JOHNSON JENNIFER M

(Last)

(First)

(Middle)

C/O FRANKLIN RESOURCES, INC.

ONE FRANKLIN PARKWAY

(Street)

SAN MATEO

CALIFORNIA

94403-1906

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN RESOURCES INC [ BEN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $.10	07/21/2026		A		229,850⁽¹⁾	A	$32.63	3,554,034.0046	D
Common Stock, par value $.10								2,677.0067	I	By 401(k)⁽²⁾
Common Stock, par value $.10								2,637,700	I	By Business Limited Partnership⁽³⁾
Common Stock, par value $.10								605,929	I	By Children or As Trustee For Children⁽⁴⁾
Common Stock, par value $.10								216,900	I	By Venture Limited Partnership⁽⁵⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Of the amount of securities beneficially owned, 817,049 shares represent unvested restricted stock unit awards.

2. Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of January 9, 2026.

3. Business limited partnership under control of Reporting Person.

4. Shares held by Reporting Person's children or by Reporting Person as trustee for her children. Reporting Person disclaims beneficial ownership of such shares.

5. Limited partnership for the benefit of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.

	/s/ Virginia Rosas, Attorney-in-Fact	07/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR