Franklin Resources grants CEO, top executives USD 15 million special retention equity awards
BEN•Separate carried-interest allocations
Separate carried-interest allocations were granted to Johnson and Executive Chairman Gregory E. Johnson, tied to future carry from selected private-market funds.
Performance units and restricted stock units
The PSUs use a three-year performance period for fiscal 2027-2029, vesting Dec. 1, 2029, with a payout range of 0% to 187.5%.
The RSUs carry five-year cliff vesting, converting to shares Aug. 31, 2031, and the awards generally forfeit on termination.
Franklin Resources grants special retention equity awards
Franklin Resources granted one-time special retention equity awards effective July 21, 2026 to CEO Jennifer M. Johnson and three co-presidents.
Each award was valued at about USD 15 million, split evenly between PSUs and RSUs.
