FRANKLIN RESOURCES INC — Director's Dealing 2025

Dec 29, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2025-12-26

Reporting Person: JOHNSON GREGORY E (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-26	Common Stock, par value $.10	G	1272	—	Acquired	2687554	Direct
2025-12-26	Common Stock, par value $.10	G	2544	—	Acquired	254959	Indirect
2025-12-26	Common Stock, par value $.10	G	1272	—	Acquired	27716	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, par value $.10	7679.7519	Indirect
Common Stock, par value $.10	2573100	Indirect
Common Stock, par value $.10	396000	Indirect

Footnotes

F1: Not applicable.

F2: Shares held by Reporting Person's children or by Reporting Person as trustee for his children. Reporting Person disclaims beneficial ownership of such shares.

F3: Shares held by Reporting Person's spouse. Reporting Person disclaims beneficial ownership of such shares.

F4: Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 10, 2025.

F5: Business limited partnership under control of Reporting Person.

F6: Limited partnership under control of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.