Form 4: Franklin Resources Director John Y. Kim Reports Acquisition of Deferred Director's Fees

Director John Y. Kim reports acquisition of deferred director's fees in Franklin Resources Inc. stock.

Summary

• On April 1, 2025, John Y. Kim, a director of Franklin Resources Inc., acquired deferred director's fees equivalent to 1,605.3858 shares of common stock.
• The transaction was reported on a Form 4 filing with the SEC.
• Following the transaction, Kim directly owns 60,263.5844 shares of Franklin Resources Inc.
• The deferred director's fees are part of the 2006 Director Deferred Compensation Plan and are based on the performance of Franklin Resources Inc.'s stock.
• The fees are payable in one payment following the director's separation from service from Franklin Resources, Inc. and its subsidiaries.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.

Future Outlook

The deferred director's fees are payable in one payment following the director's separation from service from Franklin Resources, Inc. and its subsidiaries, with exercisable and expiration dates assuming separation in the February following the director's 75th birthday.

Industry Context

This filing is a routine disclosure of a director's compensation in the form of deferred stock, which is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in beneficial ownership by a director.

Key Dates

Keywords

Form 4, Director, Deferred Compensation, Beneficial Ownership, Franklin Resources Inc., BEN, John Y. Kim