FRANKLIN RESOURCES INC (BEN) Form 8-K — Jul 23, 2026
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
Close on the filing date to close N calendar days later (from $32.29). Historical, not a forecast.
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