Noto Anthony 4
Research Summary
AI-generated summary
Franklin Resources (BEN) Director Anthony Noto Receives 7,593-Share Award
What Happened Anthony Noto, a director of Franklin Resources, received an award of 7,593 shares on 2026-02-03. The shares were recorded at $27.00 each, for a total reported value of $205,011. This transaction is an acquisition via award/grant (reported code A).
Key Details
- Transaction date: 2026-02-03; Form filed: 2026-02-04 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares acquired: 7,593 at $27.00 per share; total value reported: $205,011.
- Shares owned after transaction: not disclosed in the provided summary—see the Form 4 for total beneficial ownership.
- Footnotes/conditions: None provided in the summary; the filing does not specify vesting or restriction details.
Context This was a compensation-related award to a board director rather than an open-market purchase or sale. Such grants are commonly part of director pay and may be subject to vesting or transfer restrictions; the Form 4 here only reports the acquisition and value, not any vesting schedule or further disposition.