secwatch.observer — SEC 8-K summary
======================================

Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2021-11-16T23:59:59+00:00
Accession:  0000038777-21-000199
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000199/0000038777-21-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000199/ben-20211116.htm
  HTML page:      https://secwatch.observer/filing/0000038777-21-000199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer