{"schema_version":"secwatch.filing_event.v1","accession":"0000038777-23-000145","form_type":"8-K","ticker":"BEN","cik":"0000038777","company_name":"FRANKLIN RESOURCES INC","filed_at":"2023-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.679969+00:00","generated_at":"2026-06-09T03:29:12.707004+00:00","sec_items":["3.02"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Franklin Resources to issue 33.3M shares to Great-West in Putnam buy","bullets":["33,333,333 shares (4.9% of outstanding) issued at closing to Great-West.","Additional $100M cash payable 180 days post-close; up to $375M contingent consideration.","4.9% stake subject to five-year lock-up; remaining shares locked for 180 days.","Issuance exempt from registration under Section 4(a)(2) as private placement to accredited investor."],"urls":{"canonical":"https://secwatch.observer/filing/0000038777-23-000145","json":"https://secwatch.observer/filing/0000038777-23-000145.json","markdown":"https://secwatch.observer/filing/0000038777-23-000145.md","text":"https://secwatch.observer/filing/0000038777-23-000145.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38777/000003877723000145/0000038777-23-000145-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38777/000003877723000145/ben-20230531.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T03:29:12.707004+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}