Franklin Electric (FELE) grants 2,112-share stock award to executive

Rhea-AI Filing Summary

Walsh Jay J reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric executive Jay J. Walsh received an equity award of 2,112 shares of common stock at $94.71 per share as a grant. The award vests in three equal annual installments beginning on 2/19/2026. After this grant, he holds 20,099 shares directly, including multiple restricted stock unit awards and 15,711 shares owned outright, plus 21.92 shares indirectly through 401(k) holdings.

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

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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^*

Walsh Jay J

(Last) (First) (Middle)

FRANKLIN ELECTRIC CO., INC.

9255 COVERDALE ROAD

(Street)

FORT WAYNE IN 46809

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Franklin Fueling

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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
common stock	02/19/2026		A		2,112(1)	A	$94.71	20,099(2)	D
common stock								21.92	I	401(k) Shares

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

Explanation of Responses:

1. The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026.

2. Includes 2,112 restricted stock units that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,120 restricted stock units that vest on 2/20/2028, 1,156 restricted stock units that vest on 2/22/2027, and 15,711 shares owned outright.

Remarks:

	Jay J. Walsh	02/23/2026
	** 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.

FAQ

What insider transaction did FELE executive Jay J. Walsh report?

Jay J. Walsh reported receiving a grant of 2,112 shares of Franklin Electric common stock. The award was granted at $94.71 per share and is structured as restricted stock units that vest over time, rather than an open-market stock purchase.

How do Jay J. Walsh’s new Franklin Electric (FELE) shares vest?

The 2,112-share award to Jay J. Walsh vests in three equal installments. Vesting begins on the first anniversary of February 19, 2026, with one-third vesting each year, aligning long-term incentives with continued service and company performance.

How many FELE shares does Jay J. Walsh own after this grant?

After the grant, Jay J. Walsh directly holds 20,099 shares of Franklin Electric. This total includes several restricted stock unit awards and 15,711 shares owned outright, plus an additional 21.92 shares held indirectly through 401(k) plan holdings.

Is Jay J. Walsh’s FELE transaction a stock purchase or a grant?

The transaction is a grant of restricted stock units, not an open-market purchase. It is reported with code A, meaning a grant, award, or other acquisition, and is part of his compensation as President of Franklin Fueling at Franklin Electric.

What indirect Franklin Electric (FELE) holdings does Jay J. Walsh report?

Jay J. Walsh reports indirect ownership of 21.92 Franklin Electric shares through "401(k) Shares." This reflects shares held in a retirement plan, separate from his 20,099 directly held shares that include restricted stock units and shares owned outright.