Franklin Electric (FELE) director credited dividend stock units
Rhea-AI Filing Summary
FRANKLIN ELECTRIC CO INC (FELE) reported that director Jennifer L. Sherman acquired 139.98 stock units linked to Franklin Electric common stock on August 20, 2026. These units were credited as equivalent to dividends on previously deferred stock-based compensation under the company’s Nonemployee Directors' Deferred Compensation Plan, bringing her directly held deferred stock units to 51,762.91.
Positive
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Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SHERMAN JENNIFER L
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units F1 | 139.98 | $103.26 | $14K |
Holdings After Transaction:
stock units — 51,762.91 shares (Direct)
Footnotes (1)
- F1. Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Sherman elected to receive her 2014-2022 stock award, meeting fees, and retainer, 2023-2024 stock award, meeting fees, retainer and lead independent director fees and 2025-2026 stock award, meeting fees, retainer and chairperson fees of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On August 20, 2026, Ms. Sherman was credited with 139.98 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.
Key Figures
Stock units acquired: 139.98 stock units
Reference value per unit: $103.26 per stock unit
Total stock units after transaction: 51,762.91 stock units
3 metrics
Stock units acquired
139.98 stock units
Credited on August 20, 2026 for dividends on deferred shares
Reference value per unit
$103.26 per stock unit
Transaction value reported for the 139.98 stock units
Total stock units after transaction
51,762.91 stock units
Director’s directly owned deferred stock units following the August 20, 2026 credit
Key Terms
Nonemployee Directors' Deferred Compensation Plan, Stock Units, deferred compensation
3 terms
Nonemployee Directors' Deferred Compensation Plan financial
"Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board"
Stock Units financial
"On August 20, 2026, Ms. Sherman was credited with 139.98 Stock Units for dividends"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred compensation financial
"to receive her deferred compensation either in shares of Franklin common stock or in cash"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What insider transaction did FELE director Jennifer L. Sherman report?
Director Jennifer L. Sherman reported an acquisition of 139.98 stock units on August 20, 2026. The units represent dividends on previously deferred stock-based compensation under the Nonemployee Directors' Deferred Compensation Plan.
How many FELE stock units does Jennifer L. Sherman hold after this transaction?
After the August 20, 2026 credit, Jennifer L. Sherman holds 51,762.91 stock units tied to Franklin Electric common stock as directly owned deferred compensation under the company’s Nonemployee Directors' Deferred Compensation Plan.
What is the nature of the 139.98 FELE stock units credited to Jennifer L. Sherman?
The 139.98 stock units credited to Jennifer L. Sherman reflect dividends that would have been paid on her deferred stock-based compensation. They are recorded as stock units under the Nonemployee Directors' Deferred Compensation Plan rather than as currently issued common shares.
At what reference price were the new FELE stock units valued in this Form 4?
The 139.98 stock units were reported at a reference value of $103.26 per unit in the Form 4. This price is used for reporting purposes in connection with the credited stock units under the deferred compensation plan.
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