---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-23-000100"
form_type: "8-K/A"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2023-06-30T23:59:59+00:00"
generated_at: "2026-06-13T14:27:47.744973+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources adopts triennial advisory vote on exec compensation after shareholder vote

## Summary
- At Feb 7, 2023 annual meeting, majority of voted shares approved holding advisory vote on exec compensation every three years.
- Board had recommended triennial frequency in its proxy statement for the meeting.
- Company will include say-on-pay vote every three years until next required frequency vote.

## SEC filing metadata
- accession: 0000038777-23-000100
- form_type: 8-K/A
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2023-06-30T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877723000100/0000038777-23-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877723000100/ben-20230207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-23-000100
- JSON: https://secwatch.observer/filing/0000038777-23-000100.json
- Plain text: https://secwatch.observer/filing/0000038777-23-000100.txt

## Key facts
- Shareholder Votes
  FRANKLIN RESOURCES INC shareholders approved Advisory vote on frequency of say-on-pay votes.
  - Proposal: say on pay frequency
  - Outcome: passed
  source text: a majority of the shares that were voted approved to hold an advisory vote every three years on whether stockholders approve the compensation of the Company’s named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/38777/000003877723000100/0000038777-23-000100-index.htm

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