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Franklin Templeton director acquires deferred-fee interests

The deferred-fee account is payable in substantially equal quarterly cash installments over ten years after separation from service.

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Form Type
4

Rhea-AI Filing Summary

Franklin Templeton Inc. director Karen Matsushima King acquired 1,054 deferred director-fee share-equivalent interests on October 1, 2026, at a reported price of $32.5000 per share; her reported position afterward was 74,192 share-equivalent interests. The interests reflect a hypothetical account calculated using Franklin Resources, Inc. stock performance, including reinvested dividends, and are payable in substantially equal quarterly cash installments over ten years beginning after separation from service. She may transfer the hypothetical account amount to an alternative investment account effective on the first day of any calendar quarter.

Insider King Karen Matsushima
Role Director
Type Security Shares Price Value
Grant/Award Deferred Director's Fees (FRI) F1, F2, F3, F4 1,053.8461 $32.50 $34K
Holdings After Transaction: Deferred Director's Fees (FRI) — 74,192.458 contracts (Direct)
Footnotes (4)
  1. F1. Not applicable.
  2. 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.
  3. F3. Expiration Date is 01/20/2058.
  4. F4. Represents a hypothetical investment account calculation of deferred Franklin Resources, Inc.'s director's fees, under the 2006 Directors Deferred Compensation Plan, based upon the performance of Franklin Resources, Inc.'s stock (including reinvested dividends) payable in cash in substantially equal quarterly installments over ten years beginning on the earlier of the January 20, April 20, July 20 or October 20 immediately following the director's separation from service from Franklin Resources, Inc. and its subsidiaries and continuing on each January 20, April 20, July 20 and October 20 thereafter, except that if any such date is a Saturday, Sunday or holiday, then the quarterly installment shall be paid on the next business day. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.
Deferred director-fee interests acquired 1,054 share-equivalent interests Acquired October 1, 2026; hypothetical account tied to stock performance
Reported transaction price $32.5000 per share Deferred director-fee interests acquired October 1, 2026
Reported position after transaction 74,192 share-equivalent interests Deferred director-fee account
Payout period 10 years Substantially equal quarterly cash installments beginning after separation from service
Deferred Director's Fees (FRI) financial
"Deferred Director's Fees (FRI)"
hypothetical investment account financial
"Represents a hypothetical investment account calculation"
2006 Directors Deferred Compensation Plan financial
"under the 2006 Directors Deferred Compensation Plan"
alternative investment account financial
"transfer the hypothetical investment account amount into an alternative investment account"

FAQ

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

How many deferred director-fee interests did the BEN director acquire?

Karen Matsushima King, a director of Franklin Templeton Inc. (BEN), acquired 1,054 deferred director-fee share-equivalent interests on October 1, 2026, at $32.5000 per share. Her reported position afterward was 74,192 share-equivalent interests.

How are BEN deferred director fees paid?

The hypothetical investment account is based on Franklin Resources, Inc. stock performance, including reinvested dividends, and is payable in substantially equal quarterly cash installments over ten years beginning after the director's separation from service. Karen Matsushima King may transfer the account amount to an alternative investment account not based on that stock performance effective on the first day of any calendar quarter.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
King Karen Matsushima

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Director's Fees (FRI)(1)10/01/2026A1,053.846104/20/2048(2) (2)(3)Common Stock, par value $.101,053.8461$32.574,192.458D(4)
Explanation of Responses:
1. Not applicable.
2. 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.
3. Expiration Date is 01/20/2058.
4. Represents a hypothetical investment account calculation of deferred Franklin Resources, Inc.'s director's fees, under the 2006 Directors Deferred Compensation Plan, based upon the performance of Franklin Resources, Inc.'s stock (including reinvested dividends) payable in cash in substantially equal quarterly installments over ten years beginning on the earlier of the January 20, April 20, July 20 or October 20 immediately following the director's separation from service from Franklin Resources, Inc. and its subsidiaries and continuing on each January 20, April 20, July 20 and October 20 thereafter, except that if any such date is a Saturday, Sunday or holiday, then the quarterly installment shall be paid on the next business day. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.
/s/ Virginia Rosas, Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
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)

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