[Form 4] Franklin Resources, Inc. Insider Trading Activity
Franklin Resources insider sale and withholding related to RSU vesting. Thomas C. Merchant, Executive Vice President and General Counsel of Franklin Resources, reported transactions dated 08/31/2025. The filing shows 8,877 shares of common stock were disposed of via code "F" at a price of $25.66, reflecting payment of tax withholding upon vesting. Following the reported transactions, the filing reports beneficial ownership of 61,521 shares, of which 19,191 shares are unvested restricted stock units. The Form 4 is signed by an attorney-in-fact on 09/03/2025.
Vendita da parte di un insider di Franklin Resources e ritenuta fiscale legata al vesting di RSU. Thomas C. Merchant, Executive Vice President e General Counsel di Franklin Resources, ha comunicato operazioni datate 08/31/2025. La dichiarazione indica che 8.877 azioni ordinarie sono state cedute con il codice "F" al prezzo di $25,66, a fronte del pagamento della ritenuta fiscale dovuta al vesting. Dopo le operazioni riportate, la comunicazione segnala una partecipazione effettiva di 61.521 azioni, di cui 19.191 sono unit脿 di azioni vincolate non ancora maturate. Il Modulo 4 猫 firmato da un procuratore il 09/03/2025.
Venta por parte de un insider de Franklin Resources y retenci贸n relacionada con el vesting de RSU. Thomas C. Merchant, Vicepresidente Ejecutivo y Asesor General de Franklin Resources, inform贸 transacciones fechadas el 31/08/2025. El documento muestra que 8.877 acciones ordinarias se dispusieron bajo el c贸digo "F" a un precio de $25,66, reflejando el pago de la retenci贸n fiscal al producirse el vesting. Tras las transacciones comunicadas, el informe declara una propiedad beneficiaria de 61.521 acciones, de las cuales 19.191 son unidades restringidas de acciones a煤n no vestidas. El Formulario 4 est谩 firmado por un apoderado el 03/09/2025.
Franklin Resources 雮措秬鞛� 毵り皝 氚� RSU 氩犾姢韺� 甏�霠� 鞗愳矞歆曥垬. Franklin Resources鞚� 攵�靷灔 瓴� 氩曤雼措嫻 鞚挫偓鞚� Thomas C. Merchant電� 2025-08-31鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞁犼碃靹滌棎 霐半ゴ氅� 氤错喌欤� 8,877欤缄皜 旖旊摐 "F"搿� 欤茧嫻 $25.66鞐� 觳橂秳霅橃棃鞙茧┌, 鞚措姅 氩犾姢韺� 鞁� 鞗愳矞歆曥垬 靹戈笀 雮╇秬毳� 氚橃榿頃╇媹雼�. 氤搓碃霅� 瓯半灅 鞚错泟, 鞁犼碃靹滊姅 61,521欤检潣 鞁れ唽鞙犽ゼ 氤搓碃頃橂┌ 攴胳 19,191欤茧姅 鞎勳 氩犾姢韺呺悩歆� 鞎婌潃 鞝滍暅攵� 欤检嫕 雼渼鞛呺媹雼�. Form 4電� 2025-09-03鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Vente par un initi茅 de Franklin Resources et retenue li茅e au vesting des RSU. Thomas C. Merchant, vice鈥憄r茅sident ex茅cutif et conseiller juridique de Franklin Resources, a d茅clar茅 des transactions dat茅es du 31/08/2025. Le d茅p么t indique que 8 877 actions ordinaires ont 茅t茅 c茅d茅es sous le code "F" au prix de 25,66 $, refl茅tant le paiement de la retenue fiscale lors du vesting. 脌 la suite des op茅rations d茅clar茅es, le dossier fait 茅tat d'une d茅tention b茅n茅ficiaire de 61 521 actions, dont 19 191 sont des unit茅s d'actions restreintes non encore acquises. Le Formulaire 4 est sign茅 par un mandataire le 03/09/2025.
Insider-Verkauf bei Franklin Resources und Einbehalt im Zusammenhang mit RSU-Vesting. Thomas C. Merchant, Executive Vice President und General Counsel von Franklin Resources, meldete Transaktionen mit Datum 31.08.2025. Die Einreichung zeigt, dass 8.877 Stammaktien unter dem Code "F" zum Preis von $25,66 ver盲u脽ert wurden, was die Zahlung der Steuer-Einbehaltung beim Vesting widerspiegelt. Nach den gemeldeten Transaktionen berichtet die Einreichung 眉ber einen wirtschaftlichen Besitz von 61.521 Aktien, von denen 19.191 unvestete Restricted Stock Units sind. Das Formular 4 wurde am 03.09.2025 von einem Bevollm盲chtigten unterschrieben.
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Insights
TL;DR: Routine Section 16 reporting showing tax-withholding disposition tied to RSU vesting; no new purchases or derivative exercises.
The filing documents a common practice where an executive satisfies tax obligations by withholding shares upon RSU vesting. The transaction code "F" and the accompanying explanation explicitly state the 8,877-share disposition was to pay tax liabilities. Beneficial ownership after the transaction is stated as 61,521 shares with 19,191 unvested RSUs, which clarifies the mix of vested and unvested holdings. This is a standard disclosure for insiders and indicates compliance with reporting requirements rather than an event implying change in corporate control or a material shift in ownership.
TL;DR: Filing is a routine insider tax-withholding disclosure with clear attribution of unvested restricted stock units.
The Form 4 clearly identifies the reporting persons role (EVP, General Counsel) and provides the mechanics of the reported disposition: 8,877 shares withheld at $25.66 per share to satisfy taxes tied to vesting. The statement that 19,191 shares are unvested RSUs helps distinguish between liquid and restricted holdings. There is no indication of option exercises, open-market sales, or new grants in this filing. From a governance perspective, the document reflects standard compliance and transparency regarding insider holdings and tax-related share withholdings.
Vendita da parte di un insider di Franklin Resources e ritenuta fiscale legata al vesting di RSU. Thomas C. Merchant, Executive Vice President e General Counsel di Franklin Resources, ha comunicato operazioni datate 08/31/2025. La dichiarazione indica che 8.877 azioni ordinarie sono state cedute con il codice "F" al prezzo di $25,66, a fronte del pagamento della ritenuta fiscale dovuta al vesting. Dopo le operazioni riportate, la comunicazione segnala una partecipazione effettiva di 61.521 azioni, di cui 19.191 sono unit脿 di azioni vincolate non ancora maturate. Il Modulo 4 猫 firmato da un procuratore il 09/03/2025.
Venta por parte de un insider de Franklin Resources y retenci贸n relacionada con el vesting de RSU. Thomas C. Merchant, Vicepresidente Ejecutivo y Asesor General de Franklin Resources, inform贸 transacciones fechadas el 31/08/2025. El documento muestra que 8.877 acciones ordinarias se dispusieron bajo el c贸digo "F" a un precio de $25,66, reflejando el pago de la retenci贸n fiscal al producirse el vesting. Tras las transacciones comunicadas, el informe declara una propiedad beneficiaria de 61.521 acciones, de las cuales 19.191 son unidades restringidas de acciones a煤n no vestidas. El Formulario 4 est谩 firmado por un apoderado el 03/09/2025.
Franklin Resources 雮措秬鞛� 毵り皝 氚� RSU 氩犾姢韺� 甏�霠� 鞗愳矞歆曥垬. Franklin Resources鞚� 攵�靷灔 瓴� 氩曤雼措嫻 鞚挫偓鞚� Thomas C. Merchant電� 2025-08-31鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞁犼碃靹滌棎 霐半ゴ氅� 氤错喌欤� 8,877欤缄皜 旖旊摐 "F"搿� 欤茧嫻 $25.66鞐� 觳橂秳霅橃棃鞙茧┌, 鞚措姅 氩犾姢韺� 鞁� 鞗愳矞歆曥垬 靹戈笀 雮╇秬毳� 氚橃榿頃╇媹雼�. 氤搓碃霅� 瓯半灅 鞚错泟, 鞁犼碃靹滊姅 61,521欤检潣 鞁れ唽鞙犽ゼ 氤搓碃頃橂┌ 攴胳 19,191欤茧姅 鞎勳 氩犾姢韺呺悩歆� 鞎婌潃 鞝滍暅攵� 欤检嫕 雼渼鞛呺媹雼�. Form 4電� 2025-09-03鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
Vente par un initi茅 de Franklin Resources et retenue li茅e au vesting des RSU. Thomas C. Merchant, vice鈥憄r茅sident ex茅cutif et conseiller juridique de Franklin Resources, a d茅clar茅 des transactions dat茅es du 31/08/2025. Le d茅p么t indique que 8 877 actions ordinaires ont 茅t茅 c茅d茅es sous le code "F" au prix de 25,66 $, refl茅tant le paiement de la retenue fiscale lors du vesting. 脌 la suite des op茅rations d茅clar茅es, le dossier fait 茅tat d'une d茅tention b茅n茅ficiaire de 61 521 actions, dont 19 191 sont des unit茅s d'actions restreintes non encore acquises. Le Formulaire 4 est sign茅 par un mandataire le 03/09/2025.
Insider-Verkauf bei Franklin Resources und Einbehalt im Zusammenhang mit RSU-Vesting. Thomas C. Merchant, Executive Vice President und General Counsel von Franklin Resources, meldete Transaktionen mit Datum 31.08.2025. Die Einreichung zeigt, dass 8.877 Stammaktien unter dem Code "F" zum Preis von $25,66 ver盲u脽ert wurden, was die Zahlung der Steuer-Einbehaltung beim Vesting widerspiegelt. Nach den gemeldeten Transaktionen berichtet die Einreichung 眉ber einen wirtschaftlichen Besitz von 61.521 Aktien, von denen 19.191 unvestete Restricted Stock Units sind. Das Formular 4 wurde am 03.09.2025 von einem Bevollm盲chtigten unterschrieben.
FAQ
What did Thomas C. Merchant report on the Form 4 for BEN?
How many shares does the filing say Thomas C. Merchant beneficially owns after the transaction?
How many unvested restricted stock units (RSUs) are disclosed?
What does transaction code "F" mean in this Form 4?
When was the Form 4 signed and who signed it?
