Franklin Electric (FELE) exec receives 2,513-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LEVINE GREG MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Franklin Electric executive Greg Michael Levine, VP & President, Global Water, received a grant of 2,513 shares of common stock at $94.71 per share. The award vests in three equal installments of one-third each year, beginning on the first anniversary of 2/19/2026. Following this grant, he directly holds 7,261 shares, including restricted shares with various future vesting dates and 1,982 shares owned outright.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LEVINE GREG MICHAEL
Role
VP & President, Global Water
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 2,513 | $94.71 | $238K |
Holdings After Transaction:
common stock — 7,261 shares (Direct)
Footnotes (1)
- The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026. Includes 2,513 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,398 restricted shares that vest on 2/22/2027, 1,368 restricted shares that vest on 2/20/2028, and 1,982 shares owned outright.
FAQ
What insider transaction did FELE executive Greg Michael Levine report?
Greg Michael Levine reported receiving a grant of 2,513 Franklin Electric common shares. The grant is classified as a stock award acquisition, not an open-market purchase, and reflects part of his equity-based compensation as VP & President, Global Water.
At what price was Greg Michael Levine’s FELE stock award valued?
The 2,513-share award was valued at $94.71 per share. This price is used for reporting purposes in the grant and helps quantify the size of the equity compensation granted to the Franklin Electric executive on the transaction date.