Franklin Templeton awards Merchant 19,244 shares

The compensation committee certified fiscal 2026 performance criteria, and 18,426 previously granted RSU shares are scheduled to vest December 1, 2026.

Rhea-AI Filing Summary

Franklin Templeton Inc. reported two direct award acquisitions by Thomas C. Merchant, its EVP, General Counsel, on October 13, 2026: 19,244 common shares at $31.18 per share and 18,426 shares associated with previously granted performance-based restricted stock units. The compensation committee certified that certain performance criteria for the fiscal year ended September 30, 2026 were achieved; the 18,426 shares are scheduled to vest on December 1, 2026. A footnote identifies 41,131 beneficially owned shares as unvested RSUs, excluding the shares scheduled to vest.

Insider Trade Summary

Grant/Award: 37,670 shares

Grant/Award 2 txns

Insider Merchant Thomas C

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.10	19,244	$31.18	$600K
Grant/Award	Common Stock, par value $.10 F1, F2, F3	18,426	--	--

Holdings After Transaction: Common Stock, par value $.10 — 120,475 shares (Direct)

Footnotes (3)

1. F1. During prior three years, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On October 13, 2026, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2026 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2026.
2. F2. Not applicable.
3. F3. Of the amount of securities beneficially owned, 41,131 shares represent unvested restricted stock unit awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2026 as reported in Footnote 1).

Key Figures

Awarded common shares: 19,244 shares Reported per-share price: $31.18 per share RSU shares scheduled to vest: 18,426 shares +1 more

4 metrics

Awarded common shares 19,244 shares Direct award acquisition on October 13, 2026

Reported per-share price $31.18 per share Award acquisition on October 13, 2026

RSU shares scheduled to vest 18,426 shares Scheduled to vest December 1, 2026

Unvested RSU shares 41,131 shares Beneficially owned; excludes the shares scheduled to vest December 1, 2026

Key Terms

restricted stock units, performance criteria, beneficially owned

3 terms

restricted stock units financial

"certain restricted stock units subject to vesting"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

performance criteria technical

"performance criteria with respect to the Issuer's fiscal year"

beneficially owned regulatory

"amount of securities beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

FAQ

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

What award shares did BEN EVP Thomas C. Merchant report?

Thomas C. Merchant reported direct award acquisitions of 19,244 common shares at $31.18 per share and 18,426 shares associated with previously granted performance-based RSUs. The compensation committee certified the relevant fiscal-year performance criteria on October 13, 2026; the 18,426 shares are scheduled to vest December 1, 2026.

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

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/15/2026 - 02:42 PM EDT Accepted by SEC EDGAR 10/15/2026 - 02:42 PM EDT Learn about SEC filing dates

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^*

Merchant Thomas C

(Last) (First) (Middle)

C/O FRANKLIN TEMPLETON, INC.

ONE FRANKLIN PARKWAY

(Street)

SAN MATEO CALIFORNIA 94403

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.10	10/13/2026		A		19,244	A	$31.18	102,049	D
Common Stock, par value $.10	10/13/2026		A		18,426(1)	A	(2)	120,475(3)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. During prior three years, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On October 13, 2026, the Issuer's Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2026 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on December 1, 2026.

2. Not applicable.

3. Of the amount of securities beneficially owned, 41,131 shares represent unvested restricted stock unit awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2026 as reported in Footnote 1).

	/s/ Virginia Rosas, Attorney-in-Fact	10/15/2026
	** 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)