Franklin Resources Inc. Increases Stake in Andersen Group Inc. to 8.9% Following Internal Realignment

Franklin Resources, Inc. (FRI) filed a Schedule 13G/A on April 29, 2026, reporting a 8.9% ownership stake in Andersen Group Inc. (ANDG), totaling 1,130,323 shares of Class A common stock. This filing reflects an increase in reported holdings compared to the previous period where 0 shares were reported. The reporting group includes Franklin Resources, Inc., Charles B. Johnson, Rupert H. Johnson, Jr., and Franklin Advisers, Inc. Notably, Franklin Advisers, Inc. holds sole voting and dispositive power over 1,071,494 shares. The filing also clarifies an internal realignment effective March 31, 2026, where Franklin Mutual Advisers, Inc. (FMA) and Brandywine Global Investment Management, LLC (BGIM) ceased reporting on a disaggregated basis and are now aggregated with FRI's holdings. Additionally, the Franklin Small Cap Growth Fund is identified as having a 7.5% interest in the class of securities. The securities were acquired in the ordinary course of business and not for the purpose of influencing control of the issuer.