Franklin Templeton Director Kim John Y Acquires Deferred Stock Units
FRANKLIN TEMPLETON INC
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Filing Summary
📋 Form 4 Filing Alert: FRANKLIN TEMPLETON INC ($BEN) Insider: Kim John Y (Director) Transaction: Acquisition of 1,030.77 Deferred Stock Units at $32.50/share ($33,500 total value) Post-Transaction Holdings: 80,690.97 units Date: 2026-10-01 Significance: Low (Routine Director Deferred Compensation)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Franklin Templeton Inc. ($BEN) Director John Y. Kim acquired 1,030.7692 units of Deferred Director's Fees valued at approximately $33,500 ($32.50 per unit). The transaction was reported on Form 4 on October 5, 2026.
Transaction Details
- Security: Deferred Director's Fees (FRI), representing hypothetical investment units tracking Franklin Templeton common stock under the 2006 Director Deferred Compensation Plan.
- Transaction Code: 'A' (Grant/Award under Rule 16b-3).
- Units Acquired: 1,030.7692
- Unit Price: $32.50
- Total Transaction Value: $33,499.999
- Post-Transaction Beneficial Ownership: 80,690.9655 derivative units held directly.
Context and Market Significance
This transaction reflects routine deferred board compensation earned in lieu of cash director fees, payable following the director's separation from service. Because this is an automatic/planned deferred compensation accrual rather than an open-market purchase or sale, it carries Low trading significance for investors.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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