BlackRock, Inc. Reduces Stake in Franklin Resources, Inc. (BEN) to 4.9%

BlackRock, Inc. filed a Schedule 13G/A on April 27, 2026, disclosing a reduction in its stake in Franklin Resources, Inc. (BEN). As of March 31, 2026, BlackRock beneficially owns 25,257,802 shares of common stock, representing a 4.9% ownership interest. This filing marks a decrease from previous levels, as the reporting person now holds less than 5% of the total outstanding common shares. Of the total shares held, BlackRock reported sole voting power over 24,070,923 shares and sole dispositive power over all 25,257,802 shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer. Various subsidiaries of BlackRock are listed as having beneficial ownership, but no single person's interest exceeds 5%. The filing was signed by Spencer Fleming, Managing Director, and follows the disaggregation guidelines of SEC Release No. 34-39538.