Form 4: Franklin Resources Director Charles B. Johnson Reports Stock Transactions
SEC Form 4 Filing
Director Charles B. Johnson reports purchasing and disposing of Franklin Resources Inc. stock on April 4, 2025.
Summary
- On April 4, 2025, Charles B. Johnson, a director of Franklin Resources Inc., engaged in transactions involving the company's common stock.
- Johnson purchased 420 shares at a weighted average price of $17.72 per share, with prices ranging from $17.72 to $17.74.
- Simultaneously, Johnson disposed of 420 shares at $17.57 per share.
- Following these transactions, 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: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key insider.
Key Dates
| Date | Description |
|---|---|
| 01/11/2025 | Plan statement date for Franklin Templeton 401(k) Retirement Plan. |
| 04/04/2025 | Date of stock purchase and disposal transactions. |
| 04/07/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Franklin Resources, Charles B. Johnson, Director
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