Franklin Templeton director acquires deferred-fee units
The deferred-fee account tracks Franklin Resources Inc. stock performance, including reinvested dividends, and is payable after separation from service.
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Rhea-AI Filing Summary
John Y. Kim, a director of Franklin Templeton Inc. (BEN), reported an acquisition of deferred director-fee units tied to 1,030.7692 underlying common-stock shares on October 1, 2026. The hypothetical investment account is calculated under the 2006 Director Deferred Compensation Plan based on Franklin Resources Inc. stock performance, including reinvested dividends. The transaction lists $32.50 per underlying share and a post-transaction balance of 80,690.9655 underlying-share equivalents. The account is payable in one payment following separation from service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Director's Fees (FRI) F1, F2, F3 | 1,030.7692 | $32.50 | $33K |
Footnotes (3)
- F1. Not applicable.
- F2. Exercisable and expiration dates assume the director's separation from service from Franklin Resources, Inc. and its subsidiaries occurs in the February following the director's 75th birthday. See footnote below.
- F3. Represents a hypothetical investment account calculation of deferred Franklin Resources Inc.'s director's fees, under the 2006 Director Deferred Compensation Plan, based upon the performance of Franklin Resources Inc.'s stock (including reinvested dividends) payable in one payment following the director's separation from service from Franklin Resources, Inc. and its subsidiaries. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account(s) not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.
Key Figures
Key Terms
hypothetical investment account financial
2006 Director Deferred Compensation Plan financial
separation from service financial
FAQ
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How are John Y. Kim's BEN deferred director fees paid?
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