Franklin Resources insider activity
What the executives and directors of Franklin Resources actually did with their own shares, decoded from their SEC Form 4 filings. Each figure says the stretch of time it covers.
$2.1M
net open-market flow, 12 m
2 open-market buys, 12 m
–
of sale value on 10b5-1 plans, 12 m
305 days since an insider bought, whole record
The tape: three years of insider trades
Open-market buy
Discretionary sale
Planned sale (10b5-1)
Reported-price path
Routine
Every marker sits at the 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 grey strip is the routine flow (grants, vestings, tax withholding and gifts) that a headline gets wrong by counting it as selling.
The 100 routine events on the chart, as a list
| Date | Insider | Shares |
|---|---|---|
| Aug 31, 2026 | JOHNSON GREGORY E | 11K |
| Aug 31, 2026 | JOHNSON JENNIFER M | 116K |
| Aug 31, 2026 | Murphy Terrence | 25K |
| Aug 31, 2026 | Merchant Thomas C | 9,807 |
| Aug 31, 2026 | Nicholls Matthew | 62K |
| Aug 31, 2026 | Gamba Daniel | 64K |
| Aug 31, 2026 | Oshita Lindsey Harumi | 2,598 |
| Jul 21, 2026 | JOHNSON JENNIFER M | 230K |
| Jul 21, 2026 | Murphy Terrence | 230K |
| Jul 21, 2026 | Nicholls Matthew | 230K |
| Jul 21, 2026 | Gamba Daniel | 230K |
| Feb 4, 2026 | Noto Anthony | 15K |
| Feb 3, 2026 | YANG GEOFFREY Y | 7,593 |
| Feb 3, 2026 | Byerwalter Mariann H | 7,593 |
| Feb 3, 2026 | Thiel John W | 7,593 |
| Jan 5, 2026 | JOHNSON JENNIFER M | 10K |
| Dec 26, 2025 | JOHNSON CHARLES B | 25K |
| Dec 26, 2025 | JOHNSON GREGORY E | 3,816 |
| Dec 26, 2025 | JOHNSON JENNIFER M | 7,632 |
| Dec 17, 2025 | JOHNSON CHARLES B | 3,816 |
| Dec 1, 2025 | JOHNSON GREGORY E | 8,460 |
| Dec 1, 2025 | JOHNSON JENNIFER M | 43K |
| Dec 1, 2025 | Merchant Thomas C | 8,091 |
| Dec 1, 2025 | Nicholls Matthew | 50K |
| Nov 4, 2025 | JOHNSON GREGORY E | 42K |
| Nov 4, 2025 | JOHNSON JENNIFER M | 415K |
| Nov 4, 2025 | Murphy Terrence | 47K |
| Nov 4, 2025 | Merchant Thomas C | 39K |
| Nov 4, 2025 | Nicholls Matthew | 201K |
| Oct 15, 2025 | Gamba Daniel | 443K |
| Oct 14, 2025 | Oshita Lindsey Harumi | 7,637 |
| Aug 31, 2025 | JOHNSON GREGORY E | 12K |
| Aug 31, 2025 | JOHNSON JENNIFER M | 120K |
| Aug 31, 2025 | Murphy Terrence | 19K |
| Aug 31, 2025 | Merchant Thomas C | 8,877 |
| Aug 31, 2025 | Spector Adam Benjamin | 29K |
| Aug 31, 2025 | Sethi Alok | 8,740 |
| Aug 31, 2025 | Nicholls Matthew | 64K |
| Aug 31, 2025 | Oshita Lindsey Harumi | 2,328 |
| May 12, 2025 | JOHNSON JENNIFER M | 1,738 |
| May 6, 2025 | JOHNSON JENNIFER M | 48K |
| Feb 4, 2025 | YANG GEOFFREY Y | 9,371 |
| Feb 4, 2025 | Byerwalter Mariann H | 9,371 |
| Feb 4, 2025 | Noto Anthony | 9,371 |
| Feb 4, 2025 | Thiel John W | 9,371 |
| Dec 11, 2024 | JOHNSON CHARLES B | 25K |
| Dec 11, 2024 | JOHNSON GREGORY E | 3,975 |
| Dec 11, 2024 | JOHNSON JENNIFER M | 7,950 |
| Dec 3, 2024 | JOHNSON CHARLES B | 7,950 |
| Dec 1, 2024 | JOHNSON JENNIFER M | 35K |
| Dec 1, 2024 | JOHNSON GREGORY E | 4,862 |
| Dec 1, 2024 | Merchant Thomas C | 3,866 |
| Dec 1, 2024 | Spector Adam Benjamin | 51K |
| Dec 1, 2024 | Nicholls Matthew | 31K |
| Nov 5, 2024 | JOHNSON GREGORY E | 37K |
| Nov 5, 2024 | JOHNSON JENNIFER M | 325K |
| Nov 5, 2024 | Murphy Terrence | 59K |
| Nov 5, 2024 | Merchant Thomas C | 28K |
| Nov 5, 2024 | Spector Adam Benjamin | 77K |
| Nov 5, 2024 | Sethi Alok | 35K |
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.
The chart, in numbers
| Flow | Shares |
|---|---|
| Granted | 2.2M |
| Bought on market | 100K |
| Withheld for tax | 399K |
| Gifts | 36K |
| Kept | 1.8M |
Skin in the game
Directly held shares as reported after each trade, indexed to 100 at the start of the window, up to 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.
The chart, in numbers
| Insider | Start of the window | Latest reported | Indexed, start = 100 |
|---|---|---|---|
| JOHNSON CHARLES B | 88M | 90M | 102.9 |
| JOHNSON JENNIFER M | 1.9M | 3.4M | 180.2 |
| JOHNSON GREGORY E | 2.3M | 2.7M | 116.3 |
| Gamba Daniel | 443K | 609K | 137.4 |
Who holds what
the 14 largest holdings of 15| Insider | Role | Shares held | Buys 12 m | Sales 12 m | 12 m | Last trade |
|---|---|---|---|---|---|---|
| JOHNSON CHARLES B Last trade Nov 20, 2025 | 10% owner | 91M | $2.1M | – | net buying over the year: 1 month buying, 0 months selling | Nov 20, 2025 |
| JOHNSON JENNIFER M Chief Executive Officer Last trade Aug 28, 2024 | CEO | 4.0M | – | – | Aug 28, 2024 | |
| JOHNSON GREGORY E Executive Chairman Last trade Dec 19, 2017 | Officer | 2.9M | – | – | Dec 19, 2017 | |
| Nicholls Matthew Co-President, CFO & COO | CFO | 717K | – | – | – | |
| Gamba Daniel Co-President, Chief Commercial | Officer | 609K | – | – | – | |
| Spector Adam Benjamin EVP, Head Global Distribution | Officer | 593K | – | – | – | |
| Murphy Terrence Co-President, Public Markets | Officer | 391K | – | – | – | |
| Shaneyfelt Gwen L Chief Accounting Officer Last trade Nov 16, 2021 | Officer | 100K | – | – | Nov 16, 2021 | |
| Sethi Alok Reg. S-K Executive Officer Last trade Dec 14, 2023 | Officer | 91K | – | – | Dec 14, 2023 | |
| Merchant Thomas C EVP, General Counsel | Officer | 83K | – | – | – | |
| YANG GEOFFREY Y | Director | 74K | – | – | – | |
| Noto Anthony | Director | 47K | – | – | – | |
| Byerwalter Mariann H Last trade Oct 10, 2023 | Director | 44K | – | – | Oct 10, 2023 | |
| Thiel John W | Director | 41K | – | – | – |
Open-market trade log
the 60 most recent of 600| Date | Insider | Type | Shares | Price | Value | Since trade | Filed |
|---|---|---|---|---|---|---|---|
| Nov 20, 2025 | JOHNSON CHARLES B (10% owner) 50K shares $21.20 +1.4% since trade filed Nov 21, 2025 | Open-market buy | 50K | $21.20 | $1.1M | +1.4% | Nov 21, 2025 |
| Nov 18, 2025 | JOHNSON CHARLES B (10% owner) 50K shares $21.49 +0.0% since trade filed Nov 19, 2025 | Open-market buy | 50K | $21.49 | $1.1M | +0.0% | Nov 19, 2025 |
| Apr 4, 2025 | JOHNSON CHARLES B (10% owner) 420 shares $17.72 +21.3% since trade filed Apr 7, 2025 | Open-market buy | 420 | $17.72 | $7K | +21.3% | Apr 7, 2025 |
| Apr 4, 2025 | JOHNSON CHARLES B (10% owner) 420 shares $17.57 +22.3% since trade filed Apr 7, 2025 | Discretionary sale | 420 | $17.57 | $7K | +22.3% | Apr 7, 2025 |
| Mar 4, 2025 | JOHNSON CHARLES B (10% owner) 100K shares $19.57 +9.8% since trade filed Mar 5, 2025 | Open-market buy | 100K | $19.57 | $2.0M | +9.8% | Mar 5, 2025 |
| Sep 11, 2024 | JOHNSON CHARLES B (10% owner) 100K shares $19.08 +12.6% since trade filed Sep 13, 2024 | Open-market buy | 100K | $19.08 | $1.9M | +12.6% | Sep 13, 2024 |
| Aug 29, 2024 | JOHNSON CHARLES B (10% owner) 100K shares $19.84 +8.3% since trade filed Aug 30, 2024 | Open-market buy | 100K | $19.84 | $2.0M | +8.3% | Aug 30, 2024 |
| Aug 28, 2024 | JOHNSON JENNIFER M (CEO) 13K shares $19.66 +9.3% since trade filed Aug 30, 2024 | Open-market buy | 13K | $19.66 | $250K | +9.3% | Aug 30, 2024 |
| Aug 23, 2024 | JOHNSON JENNIFER M (CEO) 19K shares $20.95 +2.6% since trade filed Aug 26, 2024 | Open-market buy | 19K | $20.95 | $396K | +2.6% | Aug 26, 2024 |
| Jun 21, 2024 | JOHNSON CHARLES B (10% owner) 200K shares $22.80 −5.8% since trade filed Jun 24, 2024 | Open-market buy | 200K | $22.80 | $4.6M | −5.8% | Jun 24, 2024 |
| Jun 18, 2024 | JOHNSON CHARLES B (10% owner) 100K shares $22.29 −3.6% since trade filed Jun 20, 2024 | Open-market buy | 100K | $22.29 | $2.2M | −3.6% | Jun 20, 2024 |
| Dec 14, 2023 | Sethi Alok (Officer) 22K shares $29.27 −26.6% since trade filed Dec 14, 2023 | Discretionary sale | 22K | $29.27 | $644K | −26.6% | Dec 14, 2023 |
| Dec 5, 2023 | Sethi Alok (Officer) 25K shares $25.38 −15.3% since trade filed Dec 5, 2023 | Discretionary sale | 25K | $25.38 | $635K | −15.3% | Dec 5, 2023 |
| Oct 10, 2023 | Byerwalter Mariann H (Director) 6,011 shares $24.01 −10.5% since trade filed Oct 10, 2023 | Planned sale (10b5-1) | 6,011 | $24.01 | $144K | −10.5% | Oct 10, 2023 |
| Feb 1, 2023 | Sethi Alok (Officer) 30K shares $31.09 −30.9% since trade filed Feb 1, 2023 | Discretionary sale | 30K | $31.09 | $917K | −30.9% | Feb 1, 2023 |
| Aug 16, 2022 | JOHNSON JENNIFER M (CEO) 55K shares $28.75 −25.3% since trade filed Aug 18, 2022 | Discretionary sale | 55K | $28.75 | $1.6M | −25.3% | Aug 18, 2022 |
| Aug 12, 2022 | Plafker Jed A. (Officer) 19K shares $29.02 −26.0% since trade filed Aug 15, 2022 | Discretionary sale | 19K | $29.02 | $556K | −26.0% | Aug 15, 2022 |
| Jun 15, 2022 | Byerwalter Mariann H (Director) 3,135 shares $23.37 −8.0% since trade filed Jun 16, 2022 | Discretionary sale | 3,135 | $23.37 | $73K | −8.0% | Jun 16, 2022 |
| Nov 16, 2021 | Shaneyfelt Gwen L (Officer) 10K shares $35.82 −40.0% since trade filed Nov 16, 2021 | Discretionary sale | 10K | $35.82 | $358K | −40.0% | Nov 16, 2021 |
| Nov 5, 2021 | Plafker Jed A. (Officer) 22K shares $35.86 −40.1% since trade filed Nov 8, 2021 | Discretionary sale | 22K | $35.86 | $778K | −40.1% | Nov 8, 2021 |
| Aug 19, 2021 | JOHNSON JENNIFER M (CEO) 53K shares $30.37 filed Aug 19, 2021 | Discretionary sale | 53K | $30.37 | $1.6M | – | Aug 19, 2021 |
| Aug 11, 2021 | Shaneyfelt Gwen L (Officer) 5,000 shares $33.51 filed Aug 11, 2021 | Discretionary sale | 5,000 | $33.51 | $168K | – | Aug 11, 2021 |
| Jun 15, 2021 | Byerwalter Mariann H (Director) 2,400 shares $33.91 filed Jun 16, 2021 | Discretionary sale | 2,400 | $33.91 | $81K | – | Jun 16, 2021 |
| May 12, 2021 | Shaneyfelt Gwen L (Officer) 5,000 shares $33.25 filed May 14, 2021 | Discretionary sale | 5,000 | $33.25 | $166K | – | May 14, 2021 |
| Mar 24, 2021 | Plafker Jed A. (Officer) 21K shares $28.67 filed Mar 25, 2021 | Discretionary sale | 21K | $28.67 | $596K | – | Mar 25, 2021 |
| Mar 18, 2021 | Shaneyfelt Gwen L (Officer) 5,000 shares $30.32 filed Mar 19, 2021 | Discretionary sale | 5,000 | $30.32 | $152K | – | Mar 19, 2021 |
| Mar 2, 2021 | Sethi Alok (Officer) 40K shares $27.09 filed Mar 3, 2021 | Discretionary sale | 40K | $27.09 | $1.1M | – | Mar 3, 2021 |
| Feb 12, 2021 | (Officer) 10K shares $27.64 filed Feb 16, 2021 | Discretionary sale | 10K | $27.64 | $276K | – | Feb 16, 2021 |
| Dec 15, 2020 | Byerwalter Mariann H (Director) 1,826 shares $23.97 filed Dec 16, 2020 | Discretionary sale | 1,826 | $23.97 | $44K | – | Dec 16, 2020 |
| Nov 27, 2020 | Byerwalter Mariann H (Director) 1,827 shares $22.16 filed Nov 30, 2020 | Discretionary sale | 1,827 | $22.16 | $40K | – | Nov 30, 2020 |
| Aug 17, 2020 | Byerwalter Mariann H (Director) 1,827 shares $21.90 filed Aug 18, 2020 | Discretionary sale | 1,827 | $21.90 | $40K | – | Aug 18, 2020 |
| Jun 1, 2020 | Tyle Craig Steven (Officer) 5,000 shares $18.96 filed Jun 2, 2020 | Discretionary sale | 5,000 | $18.96 | $95K | – | Jun 2, 2020 |
| Mar 2, 2020 | Tyle Craig Steven (Officer) 5,000 shares $21.95 filed Mar 3, 2020 | Discretionary sale | 5,000 | $21.95 | $110K | – | Mar 3, 2020 |
| Dec 26, 2019 | JOHNSON RUPERT H JR (Officer) 400K shares $26.26 filed Dec 30, 2019 | Discretionary sale | 400K | $26.26 | $11M | – | Dec 30, 2019 |
| Dec 2, 2019 | Tyle Craig Steven (Officer) 5,000 shares $27.57 filed Dec 2, 2019 | Discretionary sale | 5,000 | $27.57 | $138K | – | Dec 2, 2019 |
| Sep 3, 2019 | Tyle Craig Steven (Officer) 5,000 shares $26.01 filed Sep 4, 2019 | Discretionary sale | 5,000 | $26.01 | $130K | – | Sep 4, 2019 |
| Jun 3, 2019 | Tyle Craig Steven (Officer) 11K shares $32.04 filed Jun 5, 2019 | Discretionary sale | 11K | $32.04 | $350K | – | Jun 5, 2019 |
| Mar 1, 2019 | Tyle Craig Steven (Officer) 11K shares $32.82 filed Mar 4, 2019 | Discretionary sale | 11K | $32.82 | $350K | – | Mar 4, 2019 |
| Dec 3, 2018 | Tyle Craig Steven (Officer) 10K shares $34.26 filed Dec 3, 2018 | Discretionary sale | 10K | $34.26 | $350K | – | Dec 3, 2018 |
| Nov 23, 2018 | JOHNSON RUPERT H JR (Officer) 193K shares $32.42 filed Nov 27, 2018 | Discretionary sale | 193K | $32.42 | $6.3M | – | Nov 27, 2018 |
| Nov 23, 2018 | JOHNSON RUPERT H JR (Officer) 323K shares $32.42 filed Nov 27, 2018 | Discretionary sale | 323K | $32.42 | $10M | – | Nov 27, 2018 |
| Sep 21, 2018 | Plafker Jed A. (Officer) 4,820 shares $32.85 filed Sep 24, 2018 | Discretionary sale | 4,820 | $32.85 | $158K | – | Sep 24, 2018 |
| Sep 4, 2018 | Tyle Craig Steven (Officer) 11K shares $31.35 filed Sep 5, 2018 | Discretionary sale | 11K | $31.35 | $350K | – | Sep 5, 2018 |
| Dec 21, 2017 | Plafker Jed A. (Officer) 7,790 shares $43.92 filed Dec 21, 2017 | Discretionary sale | 7,790 | $43.92 | $342K | – | Dec 21, 2017 |
| Dec 19, 2017 | JOHNSON GREGORY E (CEO) 50K shares $43.58 filed Dec 20, 2017 | Discretionary sale | 50K | $43.58 | $2.2M | – | Dec 20, 2017 |
| Dec 1, 2017 | JOHNSON RUPERT H JR (Officer) 150K shares $42.95 filed Dec 4, 2017 | Discretionary sale | 150K | $42.95 | $6.4M | – | Dec 4, 2017 |
| Dec 1, 2017 | JOHNSON RUPERT H JR (Officer) 250K shares $42.95 filed Dec 4, 2017 | Discretionary sale | 250K | $42.95 | $11M | – | Dec 4, 2017 |
| Oct 30, 2017 | JOHNSON GREGORY E (CEO) 57K shares $42.83 filed Oct 31, 2017 | Discretionary sale | 57K | $42.83 | $2.4M | – | Oct 31, 2017 |
| Jun 22, 2017 | LEWIS KENNETH A (CFO) 17K shares $44.51 filed Jun 22, 2017 | Discretionary sale | 17K | $44.51 | $763K | – | Jun 22, 2017 |
| Mar 16, 2017 | JOHNSON JENNIFER M (COO) 17K shares $43.90 filed Mar 16, 2017 | Discretionary sale | 17K | $43.90 | $739K | – | Mar 16, 2017 |
| Feb 27, 2017 | JOHNSON GREGORY E (CEO) 25K shares $43.18 filed Feb 27, 2017 | Discretionary sale | 25K | $43.18 | $1.1M | – | Feb 27, 2017 |
| Dec 16, 2016 | LEWIS KENNETH A (CFO) 1,866 shares $39.25 filed Dec 19, 2016 | Discretionary sale | 1,866 | $39.25 | $73K | – | Dec 19, 2016 |
| Dec 8, 2016 | LEWIS KENNETH A (CFO) 4,230 shares $41.96 filed Dec 9, 2016 | Discretionary sale | 4,230 | $41.96 | $177K | – | Dec 9, 2016 |
| Nov 1, 2016 | JOHNSON RUPERT H JR (Officer) 300K shares $33.65 filed Nov 2, 2016 | Discretionary sale | 300K | $33.65 | $10M | – | Nov 2, 2016 |
| Aug 25, 2016 | JOHNSON JENNIFER M (Officer) 16K shares $35.99 filed Aug 26, 2016 | Discretionary sale | 16K | $35.99 | $572K | – | Aug 26, 2016 |
| Aug 24, 2016 | Tyle Craig Steven (Officer) 5,000 shares $36.18 filed Aug 25, 2016 | Discretionary sale | 5,000 | $36.18 | $181K | – | Aug 25, 2016 |
| Dec 22, 2015 | JOHNSON JENNIFER M (Officer) 210 shares $35.75 filed Dec 23, 2015 | Open-market buy | 210 | $35.75 | $8K | – | Dec 23, 2015 |
| Aug 26, 2015 | JOHNSON JENNIFER M (COO) 13K shares $39.49 filed Aug 27, 2015 | Discretionary sale | 13K | $39.49 | $513K | – | Aug 27, 2015 |
| May 19, 2015 | LUSK JOHN M (Officer) 15K shares $51.63 filed May 20, 2015 | Discretionary sale | 15K | $51.63 | $774K | – | May 20, 2015 |
| Feb 3, 2015 | LEWIS KENNETH A (CFO) 3,000 shares $53.05 filed Feb 3, 2015 | Discretionary sale | 3,000 | $53.05 | $159K | – | Feb 3, 2015 |
“Since trade” compares with the latest insider-implied price, not a market quote: these pages are built from filings alone. A role here is the one on that day's Form 4, so somebody promoted since appears under both titles.
Filing hygiene
180 Forms 4, 3 years
2 filed late
2 amendments
1.9 avg. days to file
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.