secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0000038777-23-000137
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000003877723000137/0000038777-23-000137-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000003877723000137/ben-20231018.htm
  HTML page:      https://secwatch.observer/filing/0000038777-23-000137

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