Franklin Resources granted one-time special retention equity awards to CEO Jennifer M. Johnson and three Co-Presidents, and allocated carried interest to CEO Jennifer M. Johnson and Executive Chairman Gregory E. Johnson.
| IndividualJennifer M. JohnsonDaniel GambaTerrence J. MurphyMatthew NichollsGregory E. Johnson | RoleChief Executive OfficerCo‑President and Chief Commercial OfficerCo‑President and Head of Public Market InvestmentsCo‑President, Chief Financial Officer and Chief Operating OfficerExecutive Chairman and Chairman of the Board | Type of ChangeGranted special retention equity award; allocated Carry IncentiveGranted special retention equity awardGranted special retention equity awardGranted special retention equity awardAllocated Carry Incentive | Effective DateJuly 21, 2026July 21, 2026July 21, 2026July 21, 2026July 21, 2026 | ReasonRetention of core leadership; align compensation with private markets performanceRetention of core leadershipRetention of core leadershipRetention of core leadershipAlign compensation to private markets and alternative strategy performance | Replacement InfoNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed | Background DetailsAward grant value ~USD $15M; 50% PSUs (3‑yr performance, payout 0–187.5%), 50% RSUs (5‑yr time‑based)Award grant value ~USD $15M; 50% PSUs (3‑yr performance), 50% RSUs (5‑yr time‑based)Award grant value ~USD $15M; 50% PSUs (3‑yr performance), 50% RSUs (5‑yr time‑based)Award grant value ~USD $15M; 50% PSUs (3‑yr performance), 50% RSUs (5‑yr time‑based)Carry Incentive: percentage of carry distributions from flagship private markets/alternative funds; 5‑yr vesting (1/3 in years 3–5); 100% at‑risk | Board/Committee Role ChangesNot disclosedNot disclosedNot disclosedNot disclosedNot disclosed |
Original SEC Filing:
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