Franklin Templeton Inc: director Kim John Y received 1,030.769 shares

What happened

• Kim John Y, a director, received an award of 1,030.769 shares as a derivative acquisition at $32.50 per share for a total value of $33,500 on Oct 1, 2026. The transaction is reported as a derivative (award/grant).

Key details

• Transaction date and price: Oct 1, 2026 at $32.50 per share.
• Shares owned after the transaction: not reported in this Form 4.
• Relevant footnotes:
  • F1: Not applicable.
  • F2: Exercisable and expiration dates assume the director's separation from service occurs in the February following the director's 75th birthday.
  • F3: The award represents a hypothetical investment account calculation of deferred director's fees under the 2006 Director Deferred Compensation Plan, based on Franklin Resources Inc. stock performance (including reinvested dividends), payable in one payment following separation; the reporting person may transfer the account into alternative investments effective as of the first day of any calendar quarter.
• Form filed Oct 5, 2026 (transaction reported for Oct 1, 2026).

Why it may matter

• This was a derivative award under a deferred compensation plan (a hypothetical investment account calculation), not a market purchase or sale of shares.
• The filing does not show why the insider traded or why the company acted.