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FRANKLIN RESOURCES INC (BEN) Form 8-K — Jul 23, 2026

$BENForm 8-KItems 5.02Filed Jul 23, 2026, 8:48 AM ET0000038777-26-000194Original filing

Franklin Resources granted one-time special retention equity awards valued at approximately $15 million each to four key executives, including CEO Jennifer M. Johnson and three Co-Presidents. The awards, effective July 21, 2026, were approved by the Compensation Committee to retain leadership amidst a competitive market for talent in the financial services industry. The awards consist of 50% performance stock units with a three-year cliff vesting period and 50% time-based restricted stock units with a five-year cliff vesting period.

Key figures

Psu Percentage
50%
Rsu Percentage
50%
Psu Vesting Years
3
Rsu Vesting Years
5
Total Awards Value
$60,000,000
Award Value Per Person
$15,000,000

Price after filing

1 day: +0.6%7 days: +2.7%30 days: +6.3%

Close on the filing date to close N calendar days later (from $32.29). Historical, not a forecast.

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.