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

Role
EVP, Head of Global Operations
Signature
/s/ Virginia Rosas, Attorney-in-Fact
Stock symbol
BEN
Transactions as of
Dec 1, 2023
Transactions value $
-$715,661
Form type
4
Date filed
12/5/2023, 04:37 PM
Previous filing
Nov 6, 2023
Next filing
Dec 14, 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 -$81.2K -3.17K -2.63% $25.63 117K Dec 1, 2023 Direct F1
transaction BEN Common Stock, par value $.10 Sale -$634K -25K -21.28% $25.38 92.5K Dec 5, 2023 Direct F2, F3
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.33 to $25.43, 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.
F3 Of the amount of securities beneficially owned, 67,946 shares represent unvested restricted stock units.