{"schema_version":"secwatch.filing_event.v1","accession":"0000038777-21-000127","form_type":"8-K","ticker":"BEN","cik":"0000038777","company_name":"FRANKLIN RESOURCES INC","filed_at":"2021-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:04:20.390114+00:00","generated_at":"2026-06-30T08:14:10.309277+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Franklin Resources appoints Karen M. King to Board, expands board to 11","bullets":["Karen M. King, Managing Director and Chief Legal Officer of Silver Lake, elected as director effective July 1, 2021.","Board size increased from 10 to 11; King appointed to Audit and Compensation Committees.","King determined independent under NYSE listing standards and company criteria.","Bylaws amended June 29, 2021 to reflect board expansion to 11 directors."],"urls":{"canonical":"https://secwatch.observer/filing/0000038777-21-000127","json":"https://secwatch.observer/filing/0000038777-21-000127.json","markdown":"https://secwatch.observer/filing/0000038777-21-000127.md","text":"https://secwatch.observer/filing/0000038777-21-000127.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38777/000003877721000127/0000038777-21-000127-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38777/000003877721000127/ben-20210629.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-30T08:14:10.309277+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b69a8ed34a","claim":"Karen M. King was elected as Director at FRANKLIN RESOURCES INC.","evidence_excerpt":"Effective July 1, 2021, the Board of Directors (the “Board”) of Franklin Resources, Inc. (the “Company”) elected Karen M. King to serve as a director of the Company, increasing the size of the Board from 10 to 11.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38777/000003877721000127/0000038777-21-000127-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}