Franklin Templeton CEO Jennifer Johnson Surrenders Shares for Tax Obligations

Insider Transaction Overview

On August 31, 2026, Jennifer M. Johnson, Chief Executive Officer and Director of Franklin Templeton Inc (NYSE: BEN), disposed of 116,053 shares of Common Stock at a price of $34.15 per share, representing an aggregate transaction value of approximately $3,963,209.95.

Nature of Transaction

• Transaction Code: F (Payment of tax liability by withholding securities incident to vesting of an equity award issued under Rule 16b-3).
• This was not an open-market sale, but rather an automatic surrender of shares to cover tax withholding obligations associated with the vesting of restricted stock units.

Post-Transaction Holdings

Following this transaction, Jennifer M. Johnson maintains substantial ownership in Franklin Templeton:

• Direct Holdings: 3,437,981.0046 shares (including 522,126 unvested restricted stock units).
• Indirect Holdings:
  • 401(k) Plan: 2,739.1276 shares
  • Business Limited Partnership: 2,637,700 shares
  • Children / Trustee for Children: 605,929 shares
  • Venture Limited Partnership: 216,900 shares

Trading Significance

This disposition is categorized as Low significance because it is a routine, non-discretionary transaction executed solely for tax withholding purposes rather than a discretionary open-market divestment.