FELE Form 144 files to sell 10,036 common shares on NASDAQ

Rhea-AI Filing Summary

Franklin Electric Co., Inc. (FELE) filed a Form 144 notifying a proposed sale of 10,036 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $983,868.22. The filing lists the planned sale date as 08/13/2025 on NASDAQ and shows 44,484,632 shares outstanding.

The 10,036 shares were acquired in multiple issuer awards and grants between 04/03/2020 and 02/24/2025, described as performance shares and restricted stock. The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.

Positive

• Brokered through Morgan Stanley Smith Barney LLC
• No securities sold in the past three months
• Securities were acquired as performance shares and restricted stock
• Planned sale is documented with aggregate market value of $983,868.22

Negative

• None.

Insights

Financial Analyst

TL;DR: Small, routine Form 144 sale notice: 10,036 FELE shares valued at $983,868.22 to be sold via Morgan Stanley on NASDAQ.

The filing reports a proposed sale of 10,036 common shares with an aggregate market value of $983,868.22 and lists 44,484,632 shares outstanding. The lots were acquired in issuer awards and restricted stock grants between 2020 and 2025. No sales were reported in the prior three months. From a market-impact perspective, the filing documents an intended sale but provides no indication of material company-specific developments or urgent liquidity events.

Corporate Governance Expert

TL;DR: Governance disclosure appears complete for a Rule 144 notice; acquisitions are grant-based and seller affirms lack of undisclosed material information.

The Form 144 identifies the broker (Morgan Stanley Smith Barney LLC) and details each acquisition lot by date and award type (performance shares and restricted stock). The filer signs the standard attestation regarding knowledge of material adverse information and indicates no recent sales. The notice aligns with routine insider liquidity activity and standard compliance steps under Rule 144.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	10036	983868.22	44484632	08/13/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/03/2020	Performance Shares	Issuer			1562	04/03/2020	Not Applicable
Common	02/21/2022	Restricted Stock	Issuer			1441	02/21/2022	Not Applicable
Common	04/28/2023	Performance Shares	Issuer			2579	04/28/2023	Not Applicable
Common	04/01/2022	Performance Shares	Issuer			1829	04/01/2022	Not Applicable
Common	03/18/2021	Performance Shares	Issuer			400	03/18/2021	Not Applicable
Common	02/24/2025	Restricted Stock	Issuer			1021	02/24/2025	Not Applicable
Common	02/18/2024	Restricted Stock	Issuer			1204	02/18/2024	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 for Franklin Electric (FELE) disclose?

The filing notifies a proposed sale of 10,036 common shares with an aggregate market value of $983,868.22 to be sold on 08/13/2025 on NASDAQ.

Who is the broker handling the proposed FELE sale?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, NY.

How were the FELE shares being sold acquired?

The shares were acquired from the issuer as performance shares and restricted stock on dates between 04/03/2020 and 02/24/2025.

Has the filer sold FELE securities in the past three months?

The filing states Nothing to Report for securities sold during the past three months.

How many FELE shares are outstanding per the filing?

The filing reports 44,484,632 shares outstanding.