STOCK TITAN

Franklin Electric (FELE) exec receives 2,513-share restricted stock award

Filing Impact
(High)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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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*
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)
02/19/2026
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
common stock 02/19/2026 A 2,513(1) A $94.71 7,261(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. The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026.
2. 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.
Remarks:
Greg M. Levine 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 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.

How do Greg Michael Levine’s new Franklin Electric shares vest?

The 2,513 restricted shares vest in three equal one-third installments. Vesting begins on the first anniversary of 2/19/2026, meaning portions of the grant become unrestricted over three years, aligning the executive’s compensation with longer-term company performance.

How many FELE shares does Greg Michael Levine hold after this award?

After the grant, Greg Michael Levine directly holds 7,261 Franklin Electric shares. This total includes restricted shares with future vesting dates and 1,982 shares owned outright, as disclosed in the ownership footnote accompanying the insider transaction report.

What restricted FELE share awards does Greg Michael Levine have outstanding?

His holdings include 2,513 restricted shares vesting in thirds starting after 2/19/2026, 1,398 restricted shares vesting on 2/22/2027, and 1,368 restricted shares vesting on 2/20/2028. These awards complement 1,982 Franklin Electric shares already owned outright.