Franklin Templeton EVP & General Counsel Thomas Merchant Awarded Equity Grants

Executive Compensation Overview

On October 15, 2026, Franklin Templeton Inc ($BEN) filed a Form 4 disclosing equity award grants to Thomas C. Merchant, EVP and General Counsel.

Key Transaction Details

• Date of Transaction: October 13, 2026
• Security: Common Stock, par value $0.10
• Tranche 1: Acquisition of 19,244 shares at an assigned grant value of $31.18 per share (total value of $600,027.92).
• Tranche 2: Certification and grant of 18,426 performance-based restricted stock units (RSUs) at $0.00/not applicable per share, scheduled to vest on December 1, 2026 following certification by the Compensation Committee.
• Total Shares Acquired: 37,670 shares
• Ending Direct Holdings: 120,475 shares (including 41,131 unvested RSUs subject to future vesting schedules).

Market Significance

This filing reflects regular executive equity incentive compensation and performance certification under the issuer's long-term incentive program, rather than discretionary open-market buying or selling. As such, the market and trading significance is assessed as Low.