Thomas C. Merchant - 01 Dec 2025 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Reporting relationship: EVP, General Counsel
Issuer ticker: BEN
Reported as of: 01 Dec 2025
Net transaction value: -$182,371
SEC form: 4
Accepted by SEC: 03 Dec 2025, 17:00:33 UTC
Prior SEC filing: 05 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Virginia Rosas, Attorney-in-Fact

Key filing fact

Thomas C. Merchant filed Form 4 for FRANKLIN RESOURCES INC (BEN) on 03 Dec 2025.

Key facts

This page summarizes Thomas C. Merchant's Form 4 filing for FRANKLIN RESOURCES INC (BEN).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 03 Dec 2025, 17:00.

Change

Previous filing in this sequence was filed on 05 Nov 2025.
Current net transaction value: -$182,371.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001573664 Primary reporting owner

Merchant Thomas C

Relationship: EVP, General Counsel
Address: C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO
Signature: /s/ Virginia Rosas, Attorney-in-Fact
Signature date: 03 Dec 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BEN transaction

Common Stock, par value $.10

Tax liability

Transaction value: $182,371
Shares: -8,091
Change %: -8%
Price: $22.54
Shares after: 92,612
Date: 01 Dec 2025
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Reflects payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.

Footnote F2

Of the amount of securities beneficially owned, 41,879 shares represent unvested restricted stock units.

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