other
confidence high
sentiment neutral
materiality 0.25
Franklin Resources adopts clawback policy for executive compensation per NYSE listing standards
FRANKLIN RESOURCES INC
- Board adopted Clawback Policy on October 18, 2023, effective immediately.
- Policy requires repayment/forfeiture of Excess Compensation after an Accounting Restatement.
- Applies to executive officers who received Incentive-Based Compensation in the prior three fiscal years.
- Adopted to comply with Section 10D of the Exchange Act, Rule 10D-1, and NYSE listing standards.