FRANKLIN TEMPLETON INC 4
0000038777-26-000248
View on SEC EDGARThomas C. Merchant, EVP and General Counsel of Franklin Templeton Inc., had 9,807 shares of common stock withheld for taxes upon vesting of equity awards, leaving him with 82,805 shares owned directly.
On August 31, 2026, Thomas C. Merchant, EVP and General Counsel of Franklin Templeton Inc., had 9,807 shares of common stock withheld by the company at an implied price of approximately $34.15 per share, totaling about $334,900, to satisfy tax liabilities arising from the vesting of equity awards issued under Rule 16b-3. This is a non-open-market, tax-withholding transaction rather than a discretionary purchase or sale, and following the withholding he directly owned 82,805 shares of Franklin Templeton common stock, of which 21,887 shares represent unvested restricted stock units. Based on the current market price of roughly $33.01 per share, his post-transaction direct holdings are valued at approximately $2.73 million.
Filing Facts
- CIK
- 38777
- Ticker
- BEN
- Form
- 4
- Source Type
- sec
- Accession
- 0000038777-26-000248
- Alert Tier
- 5