Franklin Elec Inc SEC Filings

Gregg C. Sengstack, a director of Franklin Electric Co., reported transactions on Form 4 showing restricted stock vesting and minor open-market activity. On 10/01/2025 he had 366 vested restricted shares acquired at $95.28 and a disposition of 145 shares at $95.28, leaving 130,280 shares beneficially owned directly after the reported transactions. The filing discloses substantial indirect holdings: 160,000 shares held in the Gregg Sengstack 2020 Dynasty Trust (spouse is trustee), 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust (he is trustee), and 9,032 shares via the Sengstack Family Foundation, plus other restricted stock units that vest through 2027.

Franklin Electric disclosed that it issued unsecured notes and intends to use the proceeds to refinance existing indebtedness and to finance working capital. The notes were not registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption. The filing summarizes the material terms of the notes and incorporates the full note agreements filed as Exhibits 10.1 and 10.2 by reference.

Gregg C. Sengstack, a director of Franklin Electric Co., reported changes in his beneficial ownership on Form 4 dated 09/01/2025. The filing shows a vesting of restricted stock and two non-derivative transactions at a reported price of $97.86 per share on 09/01/2025: an acquisition of 366 shares and a disposition of 145 shares.

The filing reports two post-transaction beneficial ownership figures of 130,425 and 130,280 shares and lists indirect holdings including 160,000 shares in the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust, 9,032 shares held by the Sengstack Family Foundation, and 56,900 shares held indirectly by the spouse. Explanations state which trusts the reporting person controls or does not control and that some restricted shares vest over specified schedules.

Thomas R. VerHage, a director of Franklin Electric Co., Inc. (FELE), was credited with 166.57 deferred stock units on August 21, 2025. The units represent dividend equivalents tied to prior director stock awards, meeting fees and retainers that Mr. VerHage elected to defer under the company's Nonemployee Directors' Deferred Compensation Plan.

The disclosure shows the stock-unit credit was recorded as an acquisition (A) of 166.57 stock units with an attributable value of $95.76 per unit, resulting in a reported beneficial ownership of 60,359.74 shares held directly. Under the Plan, at distribution the reporting person may elect to receive cash or shares.

Jennifer L. Sherman, a director of Franklin Electric Co., was credited with 131.67 stock units under the company's Nonemployee Directors' Deferred Compensation Plan on 08/21/2025. The Form 4 reports these units represent dividends that would have been paid on deferred shares tied to Ms. Sherman’s prior director awards, meeting fees and retainers for multiple years, and may be distributed as common stock or cash per the Plan. The filing shows an ownership total of 47,710.61 (beneficially owned following the transaction) and records an indicated per-share price of $95.76 associated with the reported units. The transaction reflects a routine crediting of deferred compensation to a director account rather than an open-market purchase or sale.

Renee J. Peterson, a director of Franklin Electric Co., was credited with 108.56 stock units on 08/21/2025 under the company's Nonemployee Directors' Deferred Compensation Plan for dividend equivalents. The filing reports that after the credited stock units the reporting person beneficially owns 39,339 shares of Franklin Electric common stock in a direct capacity. The stock units were recorded as deferred compensation and may be distributed in either shares or cash per the Plan's terms when distribution conditions are met.

Victor Grizzle, a director of Franklin Electric Co., Inc. (FELE), was credited with 13.67 Stock Units on 08/21/2025 under the company's Nonemployee Directors' Deferred Compensation Plan. The filing shows these units represent dividends that would have been paid on deferred shares for Mr. Grizzle's 2023-2024 stock award, meeting fees and retainer. At distribution, the plan allows Mr. Grizzle to elect payment in Franklin Electric common stock or cash. The Form 4 was executed by Jonathan M. Grandon as power of attorney and dated 08/22/2025.

Franklin Electric Co., Inc. director Chris Villavarayan was credited with 7.81 stock units on 08/21/2025 under the company's Nonemployee Directors' Deferred Compensation Plan. The filing shows the units were credited as dividend equivalents on deferred shares and are recorded at a price of $95.76 per unit, resulting in a beneficial ownership total of 2,829.12 stock units after the credit. The plan allows deferred compensation to be distributed either in Franklin common stock or cash when the director retires or leaves the board, and the filing was submitted by one reporting person with a power of attorney signature dated 08/22/2025.

Gregg C. Sengstack, a director of Franklin Electric Co., Inc. (FELE), was credited with 4.56 stock units under the company's Nonemployee Directors' Deferred Compensation Plan on 08/21/2025. The units represent dividends that would have been paid on deferred shares and were credited at a price of $95.76 per share. After the crediting, the filing reports 1,650.8 shares/stock units beneficially owned following the transaction. Under the Plan, distribution of deferred compensation may be taken in Franklin common stock or cash when Mr. Sengstack retires, leaves the board, or elects payment per Plan terms.