---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-21-000199"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2021-11-16T23:59:59+00:00"
generated_at: "2026-06-28T08:00:30.576617+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources adopts Deferred Compensation Fund Plan for executives effective Nov 16, 2021

## Summary
- Plan allows eligible management and highly compensated employees to defer base salary and bonuses.
- No employer contributions; participant deferrals are fully vested at all times.
- Distributions made upon separation from service, death, unforeseeable emergency, or specified future date.
- Participant accounts are unfunded, unsecured general creditor claims ranking pari passu with other unsecured debt.
- Initial deferral election deadline for 2022 compensation is December 15, 2021.

## SEC filing metadata
- accession: 0000038777-21-000199
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2021-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877721000199/0000038777-21-000199-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877721000199/ben-20211116.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-21-000199
- JSON: https://secwatch.observer/filing/0000038777-21-000199.json
- Plain text: https://secwatch.observer/filing/0000038777-21-000199.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.