---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-21-000213"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:17:30.659368+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources grants 26,163 replacement RSUs to NEOs after prior performance awards miss target

## Summary
- CEO Jennifer Johnson receives 5,429 RSUs; Executive Chairman Gregory Johnson gets 8,958 RSUs.
- CFO Matthew Nicholls awarded 918 RSUs; EVPs Jed Plafker (5,429) and Craig Tyle (918) also granted.
- RSUs replace 2018/2019 performance-based awards that would have vested if one-time expenses excluded.
- Awards vest on December 1, 2022 based solely on continued service.
- Approved by Compensation Committee on December 13, 2021.

## SEC filing metadata
- accession: 0000038777-21-000213
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877721000213/0000038777-21-000213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877721000213/ben-20211213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-21-000213
- JSON: https://secwatch.observer/filing/0000038777-21-000213.json
- Plain text: https://secwatch.observer/filing/0000038777-21-000213.txt

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