Franklin Electric director granted 112.66 stock units

Franklin Electric director Renee J. Peterson acquired 112.66 stock units as a deferred compensation credit.

Rhea-AI Filing Summary

Franklin Electric director Renee J. Peterson acquired 112.66 stock units as a deferred compensation credit. These units were credited on February 19, 2026 for dividends that would have been paid on previously deferred Franklin Electric common shares under the Nonemployee Directors' Deferred Compensation Plan. The units increase her total deferred balance to 38,219.05 stock units. The award remains deferred until she retires or otherwise leaves the Board, when she may elect to receive the value in Franklin Electric common stock or in cash, according to the plan terms.

Insider Trade Summary

Grant/Award: 112.66 shares

Grant/Award 1 txn

Insider PETERSON RENEE J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock units	112.66	$94.71	$11K

Holdings After Transaction: stock units — 38,219.05 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. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer 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 February 19, 2026, Ms. Peterson was credited with 112.66 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.

FAQ

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

What insider transaction did Franklin Electric (FELE) report for Renee J. Peterson?

Franklin Electric reported that director Renee J. Peterson acquired 112.66 stock units as a deferred compensation credit. The units reflect dividends on previously deferred stock awards and are held in the company’s Nonemployee Directors' Deferred Compensation Plan until she retires or leaves the Board.

How many Franklin Electric (FELE) stock units does Renee J. Peterson hold after this Form 4?

After this transaction, Renee J. Peterson holds 38,219.05 stock units in her deferred compensation account. These units represent deferred director compensation and related dividend equivalents, which may be settled later in Franklin Electric common stock or in cash under the plan.

What is the nature of the 112.66 stock units credited to the Franklin Electric (FELE) director?

The 112.66 stock units are dividend-equivalent credits on previously deferred Franklin Electric common stock. Instead of receiving cash dividends currently, Peterson’s deferred account was increased by stock units that mirror those dividends under the Nonemployee Directors' Deferred Compensation Plan.

When will the Franklin Electric (FELE) director receive the value of these deferred stock units?

The value of these stock units will be distributed when Renee J. Peterson retires, otherwise leaves the Board, or elects payment as permitted under the plan. At that time, she may choose to receive Franklin Electric common stock or cash, consistent with the plan’s terms.

Is the 112.66-unit Franklin Electric (FELE) transaction a market purchase or sale?

No, the 112.66 stock unit transaction is not a market purchase or sale. It is a grant-type acquisition, reflecting dividend-equivalent credits within a deferred compensation plan, rather than an open-market trade in Franklin Electric common shares.

What plan governs the Franklin Electric (FELE) director’s deferred stock units?

The deferred stock units are governed by Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan, originally approved on February 11, 2000 and amended and restated on May 6, 2020. The plan allows directors to defer stock awards, retainers, and related dividend equivalents.

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Accepted by SEC EDGAR 02/23/2026 - 01:31 PM 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^*

PETERSON RENEE J

(Last) (First) (Middle)

7025 W GREENBRIAR DRIVE

(Street)

GLENDALE AZ 85308

(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)
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

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)	02/19/2026		A		112.66		(1)	(1)	common stock	112.66	$94.71	38,219.05	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. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer 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 February 19, 2026, Ms. Peterson was credited with 112.66 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson 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 Renee J. Peterson	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.