Kim John Y 4

4 · FRANKLIN RESOURCES INC · Filed Apr 2, 2026

AI-generated summary of this filing

Updated Apr 2, 2026

Franklin Resources (BEN) Director Kim John Y Receives 1,420 Shares

What Happened

Director Kim John Y was credited with 1,420.093 shares of Franklin Resources Inc. (BEN) on 2026-04-01 as an award/acquisition (transaction code A). The filing values the acquisition at $23.59 per share, for a total reported value of $33,500. This is a derivative/deferred-compensation credit rather than an open-market purchase.

Key Details

Transaction date: 2026-04-01; SEC filing date: 2026-04-02 (timely).
Price used for valuation: $23.59 per share; total value: $33,500.
Shares owned after transaction: not disclosed in this filing.
Footnotes:
- F1: Not applicable.
- F2: Exercisable/expiration dates are modeled assuming the director separates in February after turning 75.
- F3: The award represents a hypothetical investment account credit under the 2006 Director Deferred Compensation Plan, based on BEN stock performance (including reinvested dividends); the reporting person may transfer the account into non-stock-based investment options effective the first day of any calendar quarter.
Filing appears timely (no late filing flag).

Context

This transaction is a derivative/deferred-compensation credit (not an exercise-and-sell or open market trade). It reflects the plan’s accounting of director fees tied to Franklin stock performance and does not by itself indicate buying or selling intent in the public market.

Form 4

Period: 2026-04-01

Director

Transactions

Award
Deferred Director's Fees (FRI)
[F1][F2][F3]
2026-04-01$23.59/sh+1,420.093$33,500→ 76,909.119 total
From: 2036-04-20Exp: 2036-04-20→ Common Stock, par value $.10 (1,420.093 underlying)

Footnotes (3)

[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.

Signature

/s/ Virginia Rosas, Attorney-in-Fact|2026-04-02

1 file