Form 4: Franklin Resources CEO Jennifer M. Johnson Reports Stock Disposal
SEC Form 4 Filing
Jennifer M. Johnson, CEO of Franklin Resources, reports disposing of 1,738 shares of common stock on May 12, 2025.
Summary
- Jennifer M. Johnson, the President and CEO of Franklin Resources Inc. (BEN), filed a Form 4 with the SEC on May 13, 2025.
- The report details a transaction on May 12, 2025, where she disposed of 1,738 shares of common stock.
- Following the transaction, Johnson directly owns 2,618,428.327 shares.
- She also indirectly owns shares through a 401(k) plan (2,607.01 shares), a business limited partnership (2,637,700 shares), holdings for children or as trustee for children (595,649 shares), and a venture limited partnership (216,900 shares).
- Johnson disclaims beneficial ownership of shares held by her children or in trusts for their benefit.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction may have a minor impact on shareholders, depending on the reason for the disposal and the overall market perception.
Key Dates
| Date | Description |
|---|---|
| April 11, 2025 | Date of Franklin Templeton 401(k) Retirement Plan statement used for reporting. |
| May 12, 2025 | Date of the stock disposal transaction. |
| May 13, 2025 | Date the Form 4 was filed with the SEC. |
Keywords
Form 4, Franklin Resources, BEN, Jennifer M. Johnson, Stock Disposal, Beneficial Ownership, SEC Filing
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