Form 4: Franklin Resources Director Anthony Noto Reports Stock Transaction
SEC Form 4 Filing
Director Anthony Noto reports acquisition and disposal of Franklin Resources Inc. (BEN) common stock on February 4, 2025.
Summary
- On February 4, 2025, Anthony Noto, a director of Franklin Resources Inc. (BEN), reported a transaction involving the company's common stock.
- Noto acquired 9,371 shares at a price of $20.81 per share.
- Following the reported transaction, Noto beneficially owns 39,559 shares of Franklin Resources Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their trading activities and potential alignment with company performance.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of stock transaction (acquisition and disposal) |
| 02/05/2025 | Date of signature for the report |
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