FELE director Victor Grizzle adds 7.21 deferred stock units

Rhea-AI Filing Summary

Franklin Electric Co., Inc. (FELE) director Victor Grizzle reported a routine change in his deferred equity holdings. On November 20, 2025, he was credited with 7.21 stock units under the company’s Nonemployee Directors' Deferred Compensation Plan as dividend equivalents on previously deferred shares.

Following this transaction, Mr. Grizzle beneficially owned 2,486.97 stock units, held directly. These units represent deferred compensation from his 2024 stock award, meeting fees, and retainer. Under the plan, when distribution occurs, he may elect to receive the value of these stock units either in Franklin Electric common stock or in cash.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Grizzle Victor

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock units	7.21	$91.08	$656.69

Holdings After Transaction: stock units — 2,486.97 shares (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. Grizzle elected to receive his 2024 stock award, meeting fees and retainer of 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. Grizzle was credited with 7.21 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Grizzle may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/24/2025 - 12:52 PM Learn about SEC filing dates

FAQ

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

The filing reports that director Victor Grizzle was credited with 7.21 stock units on November 20, 2025 under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan.

How many stock units does Victor Grizzle now beneficially own in FELE?

After the reported transaction, Victor Grizzle beneficially owned 2,486.97 stock units, held directly, as disclosed in Table II of the filing.

What is the purpose of the stock units credited to the FELE director?

The 7.21 stock units represent dividends that would have been paid on shares Mr. Grizzle deferred under the Nonemployee Directors' Deferred Compensation Plan related to his 2024 stock award, meeting fees, and retainer.

Can the FELE director receive cash instead of stock for these deferred stock units?

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

Was this Franklin Electric (FELE) transaction part of a Rule 10b5-1 trading plan?

The form includes a checkbox for transactions made under a Rule 10b5-1(c) contract or plan, but the provided content does not show that box as checked for this specific transaction.

What plan governs the director’s deferred stock units at Franklin Electric?

The stock units are issued under the Nonemployee Directors' Deferred Compensation Plan, which was approved on February 11, 2000 and amended and restated on May 6, 2020.

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^*

Grizzle Victor

(Last) (First) (Middle)

3000 RUBY CREST DRIVE

(Street)

MALVERN PA 19355

(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		7.21		(1)	(1)	common stock	7.21	$91.08	2,486.97	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. Grizzle elected to receive his 2024 stock award, meeting fees and retainer of 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. Grizzle was credited with 7.21 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Grizzle 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 Victor Grizzle	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.