Thomas C Merchant Franklin Resources Inc (BEN) insider trading activity

Thomas C Merchant is EVP, General Counsel of FRANKLIN RESOURCES INC. Currently has a direct ownership of 92,612 shares of BEN, which is worth approximately $2.05 Million. The most recent transaction as insider was on Dec 01, 2025, when has been sold 8,091 shares (Common Stock, par value $.10) at a price of $22.54 per share, resulting in proceeds of $182,371. This information was disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC).

Shares Held (Direct Ownership) 92.6K

50.54% 3M change

31.55% 12M change

Total Value Held $2.05 Million

Thomas C Merchant Transaction History

Date	Transaction	Value	Shares Traded	Shares Held
Dec 01 2025	SELL Payment of exercise price or tax liability	$182,371 $22.54 p/Share	8,091 Reduced 8.03%	92,612 Common Stock, par valu...
Nov 04 2025	BUY Grant, award, or other acquisition	$885,121 $22.59 p/Share	39,182 Added 28.01%	100,703 Common Stock, par valu...
Aug 31 2025	SELL Payment of exercise price or tax liability	$227,783 $25.66 p/Share	8,877 Reduced 12.61%	61,521 Common Stock, par valu...
Dec 01 2024	SELL Payment of exercise price or tax liability	$87,990 $22.76 p/Share	3,866 Reduced 5.21%	70,398 Common Stock, par valu...
Nov 05 2024	BUY Grant, award, or other acquisition	$592,654 $20.95 p/Share	28,289 Added 27.58%	74,264 Common Stock, par valu...
Aug 31 2024	SELL Payment of exercise price or tax liability	$127,572 $20.24 p/Share	6,303 Reduced 12.06%	45,975 Common Stock, par valu...
Dec 01 2023	SELL Payment of exercise price or tax liability	$53,771 $25.63 p/Share	2,098 Reduced 3.86%	52,278 Common Stock, par valu...

Nov 02 2023	BUY Grant, award, or other acquisition	$504,977 $23.53 p/Share	21,461 Added 28.3%	54,376 Common Stock, par valu...
Aug 31 2023	SELL Payment of exercise price or tax liability	$118,057 $26.74 p/Share	4,415 Reduced 11.83%	32,915 Common Stock, par valu...
Nov 03 2022	BUY Grant, award, or other acquisition	$400,017 $22.42 p/Share	17,842 Added 32.34%	37,330 Common Stock, par valu...
Aug 31 2022	SELL Payment of exercise price or tax liability	$63,480 $26.07 p/Share	2,435 Reduced 11.11%	19,488 Common Stock, par valu...

TCM

Thomas C Merchant

EVP, General Counsel

San Mateo, CA

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