[Form 4] FRANKLIN ELECTRIC CO INC Insider Trading Activity

Rhea-AI Filing Summary

Franklin Electric Co., Inc. director transaction: Director Mark A. Carano reported receiving 4.93 stock units on November 20, 2025 under the company’s Nonemployee Directors' Deferred Compensation Plan. These units represent dividends that would have been paid on previously deferred shares from his 2025 stock award and are credited as stock units rather than current shares.

Each unit is tied to Franklin Electric common stock at a reference price of $91.08, and this reporting shows that Mr. Carano now beneficially owns a total of 1,699.26 stock units directly. Under the plan, distribution is deferred until he retires, leaves the Board, or otherwise elects payment as allowed, and he may then choose to receive his deferred compensation either in Franklin Electric shares or in cash.

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^*

Carano Mark A

(Last) (First) (Middle)

C/O SPX TECHNOLOGIES INC.

6325 ARDREY KELL ROAD, SUITE 400

(Street)

CHARLOTTE NC 28277

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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

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

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

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)	11/20/2025		A		4.93		(1)	(1)	common stock	4.93	$91.08	1,699.26	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. Carano elected to receive his 2025 stock award 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 November 20, 2025, Mr. Carano was credited with 4.93 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Carano 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 Mark A. Carano	11/24/2025
	** 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.

FAQ

What did Franklin Electric (FELE) report in this Form 4 filing?

The filing reports that director Mark A. Carano was credited with 4.93 stock units on November 20, 2025 under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan.

How many deferred stock units does the FELE director beneficially own after this transaction?

Following the reported transaction, director Mark A. Carano beneficially owns 1,699.26 stock units directly under the deferred compensation arrangement.

What is the basis price for the new stock units in the Franklin Electric Form 4?

The 4.93 stock units credited to the director are tied to Franklin Electric common stock at a reference price of $91.08 per unit.

Why did the Franklin Electric director receive 4.93 stock units instead of cash?

Under the Nonemployee Directors' Deferred Compensation Plan, Mr. Carano elected to receive his 2025 stock award in Franklin Electric common stock with issuance deferred; dividends that would have been paid on those deferred shares are credited as stock units instead of current cash.

When will the Franklin Electric director receive the shares or cash for these deferred stock units?

According to the plan terms, issuance of the underlying Franklin Electric shares or cash is deferred until Mr. Carano retires, leaves the Board of Directors, or otherwise elects payment as permitted by the plan.

Can the Franklin Electric director choose between stock and cash at distribution?

Yes. At the time of distribution under the plan, Mr. Carano may elect to receive his deferred compensation either in shares of Franklin Electric common stock or in cash.