Franklin Electric (FELE) HR chief forfeits 4,544 restricted shares on departure
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Electric reported that VP and Chief HR Officer Daniela Maria Williams forfeited 4,544 shares of restricted common stock back to the company. The filing describes this as a disposition to the issuer connected to the officer’s departure. Following the forfeiture, she holds no directly owned common shares in this account.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILLIAMS DANIELA MARIA
Role
VP AND CHIEF HR OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | common stock | 4,544 | $0.00 | -- |
Holdings After Transaction:
common stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares forfeited: 4,544 shares
Price per share: $0.00 per share
Shares after transaction: 0 shares
3 metrics
Shares forfeited
4,544 shares
Restricted common stock disposed to issuer on 2026-04-24
Price per share
$0.00 per share
Reported transaction price for forfeited restricted shares
Shares after transaction
0 shares
Total directly held common shares following disposition
Key Terms
Disposition to issuer, restricted shares, Form 4
3 terms
Disposition to issuer financial
"The filing classifies the event as a transaction code D, described as "Disposition to issuer"."
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describes the officer’s disposition of common stock."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Franklin Electric (FELE) disclose in this Form 4?
Franklin Electric disclosed that executive Daniela Maria Williams forfeited 4,544 restricted common shares back to the company. The disposition was recorded at $0.00 per share and classified as a transfer to the issuer, not an open-market sale or purchase.
Who is Daniela Maria Williams in relation to Franklin Electric (FELE)?
Daniela Maria Williams is identified as an officer of Franklin Electric, serving as VP and Chief HR Officer. The Form 4 links her restricted share forfeiture directly to her departure from the company, indicating the transaction is tied to her employment status.
What does the Form 4 say about Daniela Maria Williams’ FELE holdings after the transaction?
After the reported disposition, the Form 4 shows total shares following the transaction as 0. This means the 4,544 restricted shares that were forfeited to Franklin Electric are no longer directly owned by her under this reporting line.