Franklin Resources (NYSE: BEN) CEO awarded 229,850 new shares
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.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 229,850 shares
Net Buy
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"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.