secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0000038777-21-000213
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000213/0000038777-21-000213-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877721000213/ben-20211213.htm
  HTML page:      https://secwatch.observer/filing/0000038777-21-000213

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