John Y. Kim - Jul 1, 2024 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Role
Director
Signature
/s/ Virginia Rosas, Attorney-in-Fact
Stock symbol
BEN
Transactions as of
Jul 1, 2024
Transactions value $
$31,000
Form type
4
Date filed
7/2/2024, 01:48 PM
Previous filing
Apr 2, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BEN Deferred Director's Fees (FRI) +Grant/Award $31,000 +1,401 +3.33% $22.13 43,415 Jul 1, 2024 Common Stock, par value $.10 1,401 Direct F1, F2, F3

Explanation of Responses:

Id Content
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.