Franklin Templeton Co-President & CFO Matthew Nicholls Awarded 217,084 Shares

Executive Summary

On October 15, 2026, Franklin Templeton Inc ($BEN) filed a Form 4 reporting equity transactions by Matthew Nicholls, Co-President, CFO & COO. On October 13, 2026, Nicholls acquired a total of 217,084 shares of Common Stock through two award grants (Transaction Code: A).

Transaction Breakdown

1. Stock Award:

   • Shares: 99,664
   • Price per Share: $31.18
   • Value: $3,107,523.52
   • Post-Transaction Holdings: 816,928 shares

2. Performance-Based RSU Certification:

   • Shares: 117,420
   • Price per Share: $0.00 (N/A)
   • Details: The Issuer's Compensation Committee certified achievement of performance metrics for the fiscal year ended September 30, 2026, under restricted stock units granted in prior years. These shares are scheduled to vest on December 1, 2026.
   • Final Beneficial Ownership: 934,348 shares (including 439,275 unvested RSUs separate from this award)

Market Significance

• Trading Significance: Low
• Context: These transactions reflect routine executive compensation and the certification of performance-based RSUs rather than an open-market purchase or sale. While the transaction represents a significant addition to the officer's direct beneficial ownership, it does not convey discretionary market sentiment.