Franklin Electric (FELE) director credited stock units under deferred plan

Rhea-AI Filing Summary

SENGSTACK GREGG C reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric Co., Inc. director Gregg C. Sengstack reported an award of 4.89 stock units tied to deferred compensation. These stock units were credited on February 19, 2026 for dividends that would have been paid on previously deferred stock awards, at a reference price of $94.71 per unit.

Following this grant, Mr. Sengstack directly holds 1,660.49 stock units. Under the Nonemployee Directors' Deferred Compensation Plan, the underlying compensation will be distributed after he retires or leaves the board, or as otherwise elected under the plan, in either Franklin Electric common stock or cash.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SENGSTACK GREGG C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock units	4.89	$94.71	$463.13

Holdings After Transaction: stock units — 1,660.49 shares (Direct)

Footnotes (1)

1. [object Object]

Form 4 Insider Transactions: What Each Field Means →

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^*

SENGSTACK GREGG C

(Last) (First) (Middle)

738 LATITUDE CIRCLE

(Street)

CHATTANOOGA TN 37402

(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		4.89		(1)	(1)	common stock	4.89	$94.71	1,660.49	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. Sengstack 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 February 19, 2026, Mr. Sengstack was credited with 4.89 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Sengstack 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 Gregg C. Sengstack	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 did Franklin Electric (FELE) director Gregg Sengstack report on this Form 4?

He reported an acquisition of 4.89 stock units as a grant under a deferred compensation plan. The units reflect dividends that would have been paid on deferred stock awards and increase his directly held stock units to 1,660.49 after the transaction.

Was Gregg Sengstack buying or selling Franklin Electric (FELE) shares in the market?

He was not trading in the open market; this was a grant or award acquisition. The 4.89 stock units represent dividend equivalents credited under the Nonemployee Directors' Deferred Compensation Plan, rather than a discretionary stock purchase or sale transaction.

What are the terms of the stock units reported by Franklin Electric (FELE) director Sengstack?

The 4.89 stock units were credited for dividends on deferred shares at a reference price of $94.71. Under the plan, distribution occurs after retirement, board departure, or a permitted election, and may be received either in Franklin common stock or in cash.

How many Franklin Electric (FELE) stock units does Gregg Sengstack hold after this Form 4 transaction?

After this award, he directly holds 1,660.49 stock units. These units are part of a deferred compensation arrangement for nonemployee directors, reflecting accumulated stock-based compensation and dividend equivalents that will be settled in stock or cash in the future.

What plan governs the stock units reported for Franklin Electric (FELE) director Gregg Sengstack?

The units are governed by the Nonemployee Directors' Deferred Compensation Plan, approved in 2000 and amended in 2020. Under this plan, Mr. Sengstack elected to receive his 2025 stock award in deferred Franklin Electric common stock, with dividends credited as additional stock units.