Franklin Electric director adds 14.52 stock units

FRANKLIN ELECTRIC CO INC (FELE) reported that director Chris Villavarayan acquired 14.52 stock units linked to Franklin Electric common stock on August 20, 2026.

Rhea-AI Filing Summary

FRANKLIN ELECTRIC CO INC (FELE) reported that director Chris Villavarayan acquired 14.52 stock units linked to Franklin Electric common stock on August 20, 2026. These units were credited as dividend equivalents on previously deferred director compensation under the company’s Nonemployee Directors' Deferred Compensation Plan, bringing his directly held stock units to 5,370.01. Distribution of these deferred amounts will occur per plan terms, either in shares of common stock or in cash.

Insider Trade Summary

Grant/Award: 14.52 shares

Grant/Award 1 txn

Insider Villavarayan Chris

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock units F1	14.52	$103.26	$1K

Holdings After Transaction: stock units — 5,370.01 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, Mr. Villavarayan elected to receive his 2025-2026 stock award, meeting fees, and retainer in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he 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, Mr. Villavarayan was credited with 14.52 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Villavarayan may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

Key Figures

Stock units acquired: 14.52 stock units Reference price per stock unit: $103.26 per stock unit Total stock units after transaction: 5,370.01 stock units +2 more

5 metrics

Stock units acquired 14.52 stock units Dividend-equivalent credit on deferred director compensation on August 20, 2026

Reference price per stock unit $103.26 per stock unit Valuation used for the 14.52 stock units credited on August 20, 2026

Total stock units after transaction 5,370.01 stock units Direct holdings of stock units by Chris Villavarayan following the August 20, 2026 credit

Plan approval date February 11, 2000 Original Board approval date of the Nonemployee Directors' Deferred Compensation Plan

Plan amendment and restatement date May 6, 2020 Date the Nonemployee Directors' Deferred Compensation Plan was amended and restated

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

"Mr. Villavarayan was credited with 14.52 Stock Units for dividends that would have been paid"

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

"elected to receive his 2025-2026 stock award, meeting fees, and retainer in common stock, issuance of such shares deferred"

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 Chris Villavarayan report?

Chris Villavarayan reported an acquisition of 14.52 stock units tied to Franklin Electric common stock on August 20, 2026, credited as dividend equivalents on his deferred director compensation under the company’s Nonemployee Directors' Deferred Compensation Plan.

At what reference price were the new FELE stock units valued?

The 14.52 stock units credited to Chris Villavarayan were valued at a reference price of $103.26 per stock unit, as disclosed in the Form 4 insider filing.

How many FELE stock units does Chris Villavarayan hold after this transaction?

After receiving the dividend-equivalent credit of 14.52 stock units, Chris Villavarayan holds a total of 5,370.01 stock units directly, under Franklin Electric’s deferred compensation arrangements for nonemployee directors.

Why did Chris Villavarayan receive additional FELE stock units?

He received 14.52 stock units on August 20, 2026 as compensation for dividends that would have been paid on his deferred Franklin Electric shares, consistent with the Nonemployee Directors' Deferred Compensation Plan.

When will Chris Villavarayan receive his FELE deferred compensation shares or cash?

Under the Nonemployee Directors' Deferred Compensation Plan, distribution occurs when he retires, otherwise leaves the Board, or at times he has elected under the plan, and he may then choose to receive Franklin Electric common stock or cash.

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

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Available on EDGAR 08/24/2026 - 03:06 PM EDT Accepted by SEC EDGAR 08/24/2026 - 03:06 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^*

Villavarayan Chris

(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		14.52		(1)	(1)	common stock	14.52	$103.26	5,370.01	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, Mr. Villavarayan elected to receive his 2025-2026 stock award, meeting fees, and retainer in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he 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, Mr. Villavarayan was credited with 14.52 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Villavarayan may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

Remarks:

	Jonathan M. Grandon, power of attorney for Chris Villavarayan	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)