Form 4: Franklin Resources Director Charles B. Johnson Acquires 100,000 Shares

Director Charles B. Johnson of Franklin Resources Inc. reports purchasing 100,000 shares of common stock at an average price of $19.57.

Summary

• On March 4, 2025, Charles B. Johnson, a director at Franklin Resources Inc., purchased 100,000 shares of the company's common stock.
• The shares were acquired at a weighted average price of $19.57, with individual transaction prices ranging from $19.135 to $19.92.
• Following the transaction, Johnson directly owns 89,375,067 shares of Franklin Resources Inc.
• Johnson also indirectly owns 24,526.0012 shares through a 401(k) and 4,059,651 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders of a publicly traded company buy or sell the company's stock. They provide transparency into the transactions of company executives and directors.

Stakeholder Impact

• The purchase could have a minor positive impact on shareholder sentiment.

Key Dates