Franklin Electric (FELE) CFO receives 4,646-share equity award vesting through 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Electric vice president and CFO Jennifer Ann Wolfenbarger reported an equity award of 4,646 shares of common stock on February 19, 2026. The filing shows this as a grant or award acquisition at a reference price of $94.71 per share, increasing her directly held stake to 16,355 shares. The newly granted restricted shares vest in three equal installments of one‑third each year, beginning on the first anniversary of February 19, 2026. Her total holdings include the 4,646 new restricted shares, plus 6,440 restricted shares that vest on July 7, 2026 and 5,269 restricted shares that vest on July 7, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WOLFENBARGER JENNIFER ANN
Role
VICE PRESIDENT AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 4,646 | $94.71 | $440K |
Holdings After Transaction:
common stock — 16,355 shares (Direct)
Footnotes (1)
- The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026. Includes 4,646 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 6,440 restricted shares that vest on 7/7/2026, and 5,269 restricted shares that vest on 7/7/2027.
FAQ
What did Franklin Electric (FELE) report in this Form 4 filing?
Franklin Electric reported that its vice president and CFO, Jennifer Ann Wolfenbarger, received a grant of 4,646 shares of common stock. The award is classified as a grant or award acquisition, reflecting additional equity-based compensation rather than an open-market purchase.
What other restricted stock awards does the Franklin Electric (FELE) CFO hold?
In addition to the 4,646 new restricted shares, the CFO holds 6,440 restricted shares vesting on July 7, 2026, and 5,269 restricted shares vesting on July 7, 2027. All of these positions contribute to the 16,355 total directly held shares reported.
Was this Franklin Electric (FELE) insider transaction a market purchase or sale?
The transaction was not a market purchase or sale; it is categorized as a grant, award, or other acquisition. The shares were awarded as equity compensation, rather than being bought or sold on the open market, according to the Form 4 classification.