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AI brief of an SEC Form 8-K · Franklin Resources (BEN)

Franklin Resources shareholders approve more shares for two equity plans

Neutral Impact 2 of 5 shareholder Written later

At its February 3, 2026 annual meeting, Franklin Resources stockholders elected all 11 directors, ratified PricewaterhouseCoopers LLP as auditor for the fiscal year ending September 30, 2026, and approved amendments that add 5,000,000 shares to the 1998 Employee Stock Investment Plan and 25,000,000 shares to the 2002 Universal Stock Incentive Plan. The added share authority could increase the number of shares available for issuance, which may dilute existing holders.

Key points

  • Stockholders approved an additional 25,000,000 shares for the 2002 Universal Stock Incentive Plan, with 369,232,427 votes for and 55,107,898 against.
  • Stockholders approved an additional 5,000,000 shares for the 1998 Employee Stock Investment Plan, with 422,037,543 votes for and 2,307,785 against.
  • All 11 director nominees were elected; Geoffrey Y. Yang received the fewest votes for, at 404,085,486, against 20,299,241 against.
  • PricewaterhouseCoopers LLP was ratified with 450,634,460 votes for and 9,318,703 against.

The filing

CompanyFranklin Resources (BEN)
Form8-K, current report
Filed with the SECFeb 5, 2026, 10:47 AM ET
Accession number0000038777-26-000051

Items reported: 5.02 Director / Officer Change5.07 Shareholder Vote Results

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.