8-KItem 5.02 · Officer/Director ChangeItem 9.01 · Financial Statements
Franklin Resources Grants $15 Million Retention Awards to Four Executives
Filed with the SEC on · Summarized by InvestorsBot
Effective July 21, 2026, Franklin Resources granted one-time equity awards valued at approximately $15 million each to CEO Jennifer Johnson, Co-President and Chief Commercial Officer Daniel Gamba, Co-President Terrence Murphy, and Co-President, CFO and COO Matthew Nicholls. Each award is split between performance stock units tied to fiscal 2027–2029 results and restricted stock units vesting August 31, 2031; Johnson and Executive Chairman Gregory Johnson also received at-risk carried-interest allocations tied to the performance of selected private markets and alternative investment funds, with five-year vesting schedules.