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Franklin Electric (FELE) HR chief forfeits 4,544 restricted shares on departure

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
Disposition to issuer financial
"The filing classifies the event as a transaction code D, described as "Disposition to issuer"."
restricted shares financial
"A footnote explains that the transaction involved "Restricted shares forfeited due to officer's departure from company.""
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
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.
SEC Form 4
FORM 4UNITED 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
X
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*
WILLIAMS DANIELA MARIA

(Last)(First)(Middle)
9255 COVERDALE ROAD

(Street)
FORT WAYNE INDIANA 46809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP AND CHIEF HR OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
common stock04/24/2026D4,544(1)D$00D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Restricted shares forfeited due to officer's departure from company.
Remarks:
DANIELA M. WILLIAMS04/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Franklin Electric (FELE) shares were disposed of in this filing?

The Form 4 reports a disposition of 4,544 shares of Franklin Electric common stock. These were restricted shares forfeited to the issuer rather than sold in the market, and they are no longer counted as directly held by the reporting officer after the transaction.

Was the Franklin Electric (FELE) insider transaction a market sale of shares?

No, the transaction was not a market sale. The filing classifies it as a “Disposition to issuer” at $0.00 per share, reflecting restricted shares forfeited back to Franklin Electric due to the officer’s departure, rather than shares sold to public investors.

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.