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FRANKLIN RESOURCES INC Director's Dealing 2025

Nov 5, 2025

30512_dirs_2025-11-05_601164cc-5d98-47f5-920d-760b5815fd5c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRANKLIN RESOURCES INC (BEN)
CIK: 0000038777
Period of Report: 2025-11-04

Reporting Person: Nicholls Matthew (Co-President, CFO & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-11-04 Common Stock, par value $.10 A 110226 $22.59 Acquired 508191 Direct
2025-11-04 Common Stock, par value $.10 A 91183 Acquired 599374 Direct

Footnotes

F1: During prior three years, the Reporting Person was granted certain restricted stock units subject to vesting over a three-year period based upon satisfaction of certain performance criteria. On November 4, 2025, the Issuer's
Compensation Committee certified that certain performance criteria with respect to the Issuer's fiscal year ended September 30, 2025 were achieved, and therefore the amount of shares reported in Column 4 are scheduled to vest on
December 1, 2025.

F2: Not applicable.

F3: Of the amount of securities beneficially owned, 221,029 shares represent unvested restricted stock unit awards (which excludes the unvested restricted stock units scheduled to vest on December 1, 2025 as reported in Footnote 1).