Franklin Electric (FELE) VP reports stock grant and tax withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Electric executive Greg Michael Levine reported a stock-based compensation event involving company common stock. He acquired 2,187 shares as a grant or award at $108.94 per share, and 1,021 shares were disposed of to cover tax obligations, leaving him with 4,748 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LEVINE GREG MICHAEL
Role
VP & President, Global Water
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 2,187 | $108.94 | $238K |
| Tax Withholding | common stock | 1,021 | $108.94 | $111K |
Holdings After Transaction:
common stock — 5,769 shares (Direct)
Footnotes (1)
- Vest of restricted stock shares. Includes 1,368 restricted shares that vest on 2/20/2028, 1,398 restricted shares that vest on 2/22/2027, and 1,982 shares owned outright.
FAQ
What insider transactions did FELE executive Greg Michael Levine report on this Form 4?
Greg Michael Levine reported receiving a grant of 2,187 shares of Franklin Electric common stock and a tax-related disposition of 1,021 shares, both dated February 16, 2026. After these transactions, he directly owned 4,748 shares of the company’s common stock.
Was the FELE Form 4 transaction a stock purchase or a compensation award?
The filing shows a grant or award acquisition of 2,187 common shares, not an open-market purchase. A second transaction reflects 1,021 shares disposed to satisfy tax obligations, consistent with equity compensation vesting rather than discretionary buying or selling in the market.
What type of security was involved in Greg Michael Levine’s FELE insider transactions?
Both transactions involved Franklin Electric common stock. One line records a grant or award of 2,187 shares, while the other records 1,021 shares used for tax withholding. Footnotes describe the vesting of restricted stock shares and the mix of restricted and outright-owned shares.