Alok Sethi - Feb 1, 2023 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Role: EVP, Technology and Operations
Signature: /s/ Virginia Rosas, Attorney-in-Fact
Stock symbol: BEN
Transactions as of: Feb 1, 2023
Transactions value $: -$917,325
Form type: 4
Date filed: 2/1/2023, 02:13 PM
Previous filing: Dec 5, 2022
Next filing: Sep 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEN	Common Stock, par value $.10	Sale	-$917K	-29.5K	-24.26%	$31.09	92.1K	Feb 1, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff on the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	Of the amount of securities beneficially owned, 68,378 shares represent unvested restricted stock unit awards.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.00 to $31.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff on the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Of the amount of securities beneficially owned, 68,378 shares represent unvested restricted stock unit awards.