GREGORY E. JOHNSON - 01 Dec 2023 Form 4 Insider Report for FRANKLIN RESOURCES INC (BEN)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BEN	Common Stock, par value $.10	Tax liability	-$471K	-18.4K	-0.76%	$25.63	2.41M	01 Dec 2023	Direct	F1, F2
holding	BEN	Common Stock, par value $.10						6.96K	01 Dec 2023	By 401(k)	F3
holding	BEN	Common Stock, par value $.10						2.57M	01 Dec 2023	By Business Limited Partnership	F4
holding	BEN	Common Stock, par value $.10						247K	01 Dec 2023	By Children or As Trustee For Children	F5
holding	BEN	Common Stock, par value $.10						24K	01 Dec 2023	By Spouse	F6
holding	BEN	Common Stock, par value $.10						396K	01 Dec 2023	By Venture Limited Partnership	F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Reflects payment of tax liability by withholding securities incident to the vesting of a security issued in accordance with Rule 16b-3.
F2	Of the amount of securities beneficially owned, 67,203 shares represent unvested restricted stock units.
F3	Reporting Person holds shares in the Franklin Templeton 401(k) Retirement Plan. Information is based on a plan statement as of October 13, 2023.
F4	Business limited partnership under control of Reporting Person.
F5	Shares held by Reporting Person's children or by Reporting Person as trustee for his children. Reporting Person disclaims beneficial ownership of such shares.
F6	Shares held by Reporting Person's spouse. Reporting Person disclaims beneficial ownership of such shares.
F7	Limited partnership under control of Reporting Person, and owned in part by irrevocable trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of the children's trusts.