Franklin Resources grants CEO, top executives USD 15 million special retention equity awards
Franklin Resources, Inc. BEN | 0.00 |
- Franklin Resources granted one-time special retention equity awards effective July 21, 2026 to CEO Jennifer M. Johnson, three co-presidents.
- Each award valued at about USD 15 million, split evenly between PSUs and RSUs.
- PSUs use a three-year performance period for fiscal 2027-2029, vesting Dec. 1, 2029; payout range 0% to 187.5%.
- RSUs carry five-year cliff vesting, converting to shares Aug. 31, 2031; awards generally forfeit on termination.
- Separate carried-interest allocations granted to Johnson, Executive Chairman Gregory E. Johnson, tied to future carry from selected private-market funds.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000038777-26-000194), on July 23, 2026, and is solely responsible for the information contained therein.
