FRANKLIN RESOURCES INC 4

Terrence Murphy, Co-President, Public Markets of Franklin Resources Inc., was awarded 229,850 shares of common stock valued at about $7.5 million on July 21, 2026.

On July 21, 2026, Terrence Murphy, Co-President, Public Markets of Franklin Resources Inc., received an award of 229,850 shares of common stock at an implied value of approximately $32.63 per share, classified as an acquisition on Form 4 and likely reflecting a significant equity compensation grant rather than an open-market purchase. Following this award, Murphy’s direct beneficial ownership increased to 416,009 shares of Franklin Resources common stock, of which 360,381 shares are unvested restricted stock unit awards, implying that the majority of his reported holdings remain subject to vesting conditions. Using the transaction price as a proxy, the award is valued at roughly $7.5 million and his total direct holdings are worth about $13.6 million, indicating a substantial alignment of the executive’s economic interests with shareholders through stock-based compensation.

Filing Facts

CIK

38777

Ticker

BEN

Form

4

Source Type

sec

Accession

0000038777-26-000198

Alert Tier

7