---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-23-000137"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:59:32.782265+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources adopts clawback policy for executive compensation per NYSE listing standards

## Summary
- 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.

## SEC filing metadata
- accession: 0000038777-23-000137
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877723000137/0000038777-23-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877723000137/ben-20231018.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-23-000137
- JSON: https://secwatch.observer/filing/0000038777-23-000137.json
- Plain text: https://secwatch.observer/filing/0000038777-23-000137.txt

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