What the executives and directors of Franklin Resources actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| JOHNSON CHARLES B | 10% owner | 91.5M | $2.1M | — |
| JOHNSON JENNIFER M Chief Executive Officer | CEO | 4.2M | — | — |
| JOHNSON GREGORY E Executive Chairman | Officer | 2.9M | — | — |
| Nicholls Matthew Co-President, CFO & COO | CFO | 778.8K | — | — |
| Gamba Daniel Co-President, Chief Commercial | Officer | 672.7K | — | — |
| Spector Adam Benjamin EVP, Head Global Distribution | Officer | 593.3K | — | — |
| Murphy Terrence Co-President, Public Markets | Officer | 416K | — | — |
| Shaneyfelt Gwen L Chief Accounting Officer | Officer | 99.7K | — | — |
| Merchant Thomas C EVP, General Counsel | Officer | 92.6K | — | — |
| Sethi Alok Reg. S-K Executive Officer | Officer | 90.5K | — | — |
| YANG GEOFFREY Y | Director | 74.1K | — | — |
| Noto Anthony | Director | 47.2K | — | — |
| Byerwalter Mariann H | Director | 44K | — | — |
| Thiel John W | Director | 40.8K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-11-20 | JOHNSON CHARLES B (10% owner) | Open-market buy | 50K | $21.20 | $1.1M |
| 2025-11-18 | JOHNSON CHARLES B (10% owner) | Open-market buy | 50K | $21.49 | $1.1M |
| 2025-04-04 | JOHNSON CHARLES B (10% owner) | Open-market buy | 420 | $17.72 | $7K |
| 2025-04-04 | JOHNSON CHARLES B (10% owner) | Discretionary sale | 420 | $17.57 | $7K |
| 2025-03-04 | JOHNSON CHARLES B (10% owner) | Open-market buy | 100K | $19.57 | $2M |
| 2024-09-11 | JOHNSON CHARLES B (10% owner) | Open-market buy | 100K | $19.08 | $1.9M |
| 2024-08-29 | JOHNSON CHARLES B (10% owner) | Open-market buy | 100K | $19.84 | $2M |
| 2024-08-28 | JOHNSON JENNIFER M (CEO) | Open-market buy | 12.7K | $19.66 | $250K |
| 2024-08-23 | JOHNSON JENNIFER M (CEO) | Open-market buy | 18.9K | $20.95 | $396K |
| 2024-06-21 | JOHNSON CHARLES B (10% owner) | Open-market buy | 200K | $22.80 | $4.6M |
| 2024-06-18 | JOHNSON CHARLES B (10% owner) | Open-market buy | 100K | $22.29 | $2.2M |
| 2023-12-14 | Sethi Alok (Officer) | Discretionary sale | 22K | $29.27 | $644K |
| 2023-12-05 | Sethi Alok (Officer) | Discretionary sale | 25K | $25.38 | $635K |
| 2023-10-10 | Byerwalter Mariann H (Director) | Planned sale (10b5-1) | 6,011 | $24.01 | $144K |
| 2023-02-01 | Sethi Alok (Officer) | Discretionary sale | 29.5K | $31.09 | $917K |
| 2022-08-16 | JOHNSON JENNIFER M (CEO) | Discretionary sale | 55.2K | $28.75 | $1.6M |
| 2022-08-12 | Plafker Jed A. (Officer) | Discretionary sale | 19.2K | $29.02 | $556K |
| 2022-06-15 | Byerwalter Mariann H (Director) | Discretionary sale | 3,135 | $23.37 | $73K |
| 2021-11-16 | Shaneyfelt Gwen L (Officer) | Discretionary sale | 10K | $35.82 | $358K |
| 2021-11-05 | Plafker Jed A. (Officer) | Discretionary sale | 21.7K | $35.86 | $778K |
| 2021-08-19 | JOHNSON JENNIFER M (CEO) | Discretionary sale | 52.8K | $30.37 | $1.6M |
| 2021-08-11 | Shaneyfelt Gwen L (Officer) | Discretionary sale | 5,000 | $33.51 | $168K |
| 2021-06-15 | Byerwalter Mariann H (Director) | Discretionary sale | 2,400 | $33.91 | $81K |
| 2021-05-12 | Shaneyfelt Gwen L (Officer) | Discretionary sale | 5,000 | $33.25 | $166K |
| 2021-03-24 | Plafker Jed A. (Officer) | Discretionary sale | 20.8K | $28.67 | $596K |
| 2021-03-18 | Shaneyfelt Gwen L (Officer) | Discretionary sale | 5,000 | $30.32 | $152K |
| 2021-03-02 | Sethi Alok (Officer) | Discretionary sale | 39.9K | $27.09 | $1.1M |
| 2021-02-12 | (Officer) | Discretionary sale | 10K | $27.64 | $276K |
| 2020-12-15 | Byerwalter Mariann H (Director) | Discretionary sale | 1,826 | $23.97 | $44K |
| 2020-11-27 | Byerwalter Mariann H (Director) | Discretionary sale | 1,827 | $22.16 | $40K |
| 2020-08-17 | Byerwalter Mariann H (Director) | Discretionary sale | 1,827 | $21.90 | $40K |
| 2020-06-01 | Tyle Craig Steven (Officer) | Discretionary sale | 5,000 | $18.96 | $95K |
| 2020-03-02 | Tyle Craig Steven (Officer) | Discretionary sale | 5,000 | $21.95 | $110K |
| 2019-12-26 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 400K | $26.26 | $10.5M |
| 2019-12-02 | Tyle Craig Steven (Officer) | Discretionary sale | 5,000 | $27.57 | $138K |
| 2019-09-03 | Tyle Craig Steven (Officer) | Discretionary sale | 5,000 | $26.01 | $130K |
| 2019-06-03 | Tyle Craig Steven (Officer) | Discretionary sale | 10.9K | $32.04 | $350K |
| 2019-03-01 | Tyle Craig Steven (Officer) | Discretionary sale | 10.7K | $32.82 | $350K |
| 2018-12-03 | Tyle Craig Steven (Officer) | Discretionary sale | 10.2K | $34.26 | $350K |
| 2018-11-23 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 193K | $32.42 | $6.3M |
| 2018-11-23 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 323K | $32.42 | $10.5M |
| 2018-09-21 | Plafker Jed A. (Officer) | Discretionary sale | 4,820 | $32.85 | $158K |
| 2018-09-04 | Tyle Craig Steven (Officer) | Discretionary sale | 11.2K | $31.35 | $350K |
| 2017-12-21 | Plafker Jed A. (Officer) | Discretionary sale | 7,790 | $43.92 | $342K |
| 2017-12-19 | JOHNSON GREGORY E (CEO) | Discretionary sale | 50K | $43.58 | $2.2M |
| 2017-12-01 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 150K | $42.95 | $6.4M |
| 2017-12-01 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 250K | $42.95 | $10.7M |
| 2017-10-30 | JOHNSON GREGORY E (CEO) | Discretionary sale | 56.8K | $42.83 | $2.4M |
| 2017-06-22 | LEWIS KENNETH A (CFO) | Discretionary sale | 17.1K | $44.51 | $763K |
| 2017-03-16 | JOHNSON JENNIFER M (COO) | Discretionary sale | 16.8K | $43.90 | $739K |
| 2017-02-27 | JOHNSON GREGORY E (CEO) | Discretionary sale | 25K | $43.18 | $1.1M |
| 2016-12-16 | LEWIS KENNETH A (CFO) | Discretionary sale | 1,866 | $39.25 | $73K |
| 2016-12-08 | LEWIS KENNETH A (CFO) | Discretionary sale | 4,230 | $41.96 | $177K |
| 2016-11-01 | JOHNSON RUPERT H JR (Officer) | Discretionary sale | 300K | $33.65 | $10.1M |
| 2016-08-25 | JOHNSON JENNIFER M (Officer) | Discretionary sale | 15.9K | $35.99 | $572K |
| 2016-08-24 | Tyle Craig Steven (Officer) | Discretionary sale | 5,000 | $36.18 | $181K |
| 2015-12-22 | JOHNSON JENNIFER M (Officer) | Open-market buy | 210 | $35.75 | $8K |
| 2015-08-26 | JOHNSON JENNIFER M (COO) | Discretionary sale | 13K | $39.49 | $513K |
| 2015-05-19 | LUSK JOHN M (Officer) | Discretionary sale | 15K | $51.63 | $774K |
| 2015-02-03 | LEWIS KENNETH A (CFO) | Discretionary sale | 3,000 | $53.05 | $159K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.