Compensation award — excluded from discretionary-purchase analysis.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Jan 11, 2026
Reporting period
Not applicable
Filed with the SEC
Jan 13, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0000038777-26-000004
Filed / recorded
Jan 13, 2026, 12:29 AM UTC
Added to OQRO
Oct 2, 2026, 12:27 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
FRANKLIN RESOURCES INC
Issuer CIK
38777
Ticker
BEN
Reporting person
Karen Matsushima King
Relationship
Director
Security
Deferred Director's Fees (FRI)
Table
Derivative (Table II)
Transaction date
Jan 11, 2026
Transaction code
A
Shares / units
97.4279
Price per share
$25.66
Acquired / disposed
Acquired (A)
Shares owned after
61,387.3169
Ownership form
Direct
Amendment
No
Footnotes from the filing
Not applicable.
Exercisable and expiration dates assume the director's separation from service from Franklin Resources, Inc. and its subsidiaries occurs in the February following the director's 75th birthday. See footnote below.
Expiration Date is 01/20/2058.
Represents a hypothetical investment account calculation of deferred Franklin Resources, Inc.'s director's fees, under the 2006 Directors Deferred Compensation Plan, based upon the performance of Franklin Resources, Inc.'s stock (including reinvested dividends) payable in cash in substantially equal quarterly installments over ten years beginning on the earlier of the January 20, April 20, July 20 or October 20 immediately following the director's separation from service from Franklin Resources, Inc. and its subsidiaries and continuing on each January 20, April 20, July 20 and October 20 thereafter, except that if any such date is a Saturday, Sunday or holiday, then the quarterly installment shall be paid on the next business day. Reporting Person may transfer the hypothetical investment account amount into an alternative investment account not based on the performance of Franklin Resources, Inc. stock effective as of the first day of any calendar quarter.