Jennifer M. Johnson - Aug 31, 2023 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Signature
/s/ Virginia Rosas, Attorney-in-Fact
Stock symbol
BEN
Transactions as of
Aug 31, 2023
Transactions value $
-$2,298,276
Form type
4
Date filed
9/5/2023, 03:08 PM
Previous filing
Jul 20, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BEN Common Stock, par value $.10 Tax liability -$2.3M -85.9K -3.8% $26.74 2.18M Aug 31, 2023 Direct F1, F2
holding BEN Common Stock, par value $.10 2.31K Aug 31, 2023 By 401(k) F3
holding BEN Common Stock, par value $.10 2.61M Aug 31, 2023 By Business Limited Partnership F4
holding BEN Common Stock, par value $.10 15K Aug 31, 2023 By Business Trust F5
holding BEN Common Stock, par value $.10 452K Aug 31, 2023 By Children or As Trustee For Children F6
holding BEN Common Stock, par value $.10 198K Aug 31, 2023 By Venture Limited Partnership F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
F2 Of the amount of securities beneficially owned, 299,203 shares represent unvested restricted stock units.
F3 Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of January 13, 2023.
F4 Business limited partnership under control of Reporting Person.
F5 Business trust for the benefit of Reporting Person and Reporting Person's children.
F6 Shares held by Reporting Person's children or by Reporting Person as trustee for her children. Reporting Person disclaims beneficial ownership of such shares.
F7 Limited partnership under control 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.