Form 4: Franklin Resources Director John W. Thiel Reports Stock Transaction
SEC Form 4 Filing
Director John W. Thiel reported acquiring and disposing of Franklin Resources Inc. (BEN) common stock on February 4, 2025.
Summary
- On February 4, 2025, John W. Thiel, a director of Franklin Resources Inc. (BEN), engaged in a transaction involving the company's common stock.
- Thiel acquired 9,371 shares of common stock at a price of $20.81 per share.
- Following the transaction, Thiel directly owns 33,199 shares of Franklin Resources Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, or those holding more than 10% of a company's shares) trade in their company's stock. These filings are closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The transaction could influence investor sentiment, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 02/04/2025 | Date of stock transaction (acquisition and disposition). |
| 02/05/2025 | Date of signature by Attorney-in-Fact. |
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