Franklin Electric (FELE) VP reports stock grant and tax withholding disposition

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.

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^*

LEVINE GREG MICHAEL

(Last) (First) (Middle)

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)
	VP & President, Global Water

3. Date of Earliest Transaction (Month/Day/Year)
02/16/2026

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	02/16/2026		A		2,187(1)	A	$108.94	5,769	D
common stock	02/16/2026		F		1,021	D	$108.94	4,748(2)	D

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. Vest of restricted stock shares.

2. 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.

Remarks:

	Greg M. Levine	02/18/2026
	** 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 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.

How many Franklin Electric (FELE) shares does Greg Michael Levine own after these transactions?

Following the reported award and tax-withholding disposition, Greg Michael Levine directly owns 4,748 shares of Franklin Electric common stock. Footnotes indicate this includes restricted shares scheduled to vest in 2027 and 2028, along with 1,982 shares currently owned outright.

What do the tax-withholding shares on Greg Michael Levine’s FELE Form 4 represent?

The 1,021 shares reported with code F represent a tax-withholding disposition. This means shares were delivered to cover exercise price or tax liabilities tied to the equity award, rather than an elective open-market sale initiated for investment or portfolio reasons.

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.