Franklin Electric director adds 139.98 stock units

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.

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.

Insider Trade Summary

Grant/Award: 139.98 shares

Grant/Award 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 contracts (Direct)

Footnotes (1)

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

When will Jennifer L. Sherman receive the FELE shares or cash related to these stock units?

Distribution of Jennifer L. Sherman’s deferred stock units occurs upon her retirement, departure from the Board, or other timing elected under the Plan. At distribution, she may elect to receive Franklin Electric common stock or cash, according to the Plan’s terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 03:23 PM EDT Accepted by SEC EDGAR 08/24/2026 - 03:22 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SHERMAN JENNIFER L

(Last) (First) (Middle)

9255 COVERDALE RD

(Street)

FORT WAYNE INDIANA 46809

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
stock units	(1)	08/20/2026		A		139.98		(1)	(1)	common stock	139.98	$103.26	51,762.91	D

Explanation of Responses:

1. 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.

Remarks:

	Jonathan M. Grandon, power of attorney for Jennifer L Sherman	08/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)