Franklin Resources Files 8-K: Director Changes & Officer Compensation
Ticker: BEN · Form: 8-K · Filed: Sep 8, 2025 · CIK: 38777
Sentiment: neutral
Topics: corporate-governance, officer-compensation, director-changes
Related Tickers: BEN
TL;DR
Franklin Resources 8-K: Director shuffle and exec pay updates filed 9/8/25.
AI Summary
On September 8, 2025, Franklin Resources, Inc. filed an 8-K report detailing the departure of a director, the election of a new director, and updates to compensatory arrangements for certain officers. The filing also includes financial statements and exhibits.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing is routine corporate disclosure and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- FRANKLIN RESOURCES INC (company) — Registrant
- September 8, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-09318 (identifier) — Commission File Number
- 13-2670991 (identifier) — IRS Employer Identification No.
- One Franklin Parkway, San Mateo, CA 94403 (address) — Principal executive offices
- (650) 312-2000 (phone_number) — Registrant's telephone number
FAQ
Who has departed from the board of directors at Franklin Resources, Inc.?
The filing indicates the departure of a director, but the specific name is not provided in the provided text.
Has a new director been elected to the board?
Yes, the filing states that there was an election of directors.
What other items are covered in this 8-K filing?
The filing also covers updates to compensatory arrangements of certain officers and includes financial statements and exhibits.
When was this 8-K report filed?
The report was filed on September 8, 2025.
What is the principal business address of Franklin Resources, Inc.?
The principal executive offices are located at One Franklin Parkway, San Mateo, CA 94403.
Filing Stats: 939 words · 4 min read · ~3 pages · Grade level 10.1 · Accepted 2025-09-08 17:02:39
Key Financial Figures
- $0.10 — ich registered Common Stock, par value $0.10 per share BEN New York Stock Exchange
- $700,000 — including (i) an annual base salary of $700,000, (ii) a minimum annual bonus of $5.5 mi
- $5.5 m — 700,000, (ii) a minimum annual bonus of $5.5 million, (iii) an annual performance-base
- $1.6 m — -based restricted stock grant valued at $1.6 million, which will vest subject to the a
- $3.362 m — loyment, he will receive (i) a bonus of $3.362 million, comprised of (A) a cash bonus of
- $1.681 million — llion, comprised of (A) a cash bonus of $1.681 million payable within 30 days of Mr. Gamba's s
- $9.1 million — (ii) a restricted stock grant valued at $9.1 million in consideration of the deferred compen
- $200,000 — relocation expenses estimated at up to $200,000, and generally will be able to particip
Filing Documents
- ben-20250908.htm (8-K) — 27KB
- exhibit991pressreleaseof.htm (EX-99) — 7KB
- exhibit991pressreleaseof001.jpg (GRAPHIC) — 308KB
- exhibit991pressreleaseof002.jpg (GRAPHIC) — 121KB
- 0000038777-25-000189.txt ( ) — 744KB
- ben-20250908.xsd (EX-101.SCH) — 2KB
- ben-20250908_lab.xml (EX-101.LAB) — 21KB
- ben-20250908_pre.xml (EX-101.PRE) — 12KB
- ben-20250908_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The exhibits listed on the Exhibit Index are incorporated herein by reference. 2 Exhibit Index Exhibit No. Description 99.1 Press Release of Franklin Resources, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRANKLIN RESOURCES, INC. Date: September 8, 2025 /s/ Thomas C. Merchant Thomas C. Merchant Executive Vice President and General Counsel 4