Franklin Electric (FELE) director gains deferred stock units
Rhea-AI Filing Summary
FRANKLIN ELECTRIC CO INC (FELE) director Renee J. Peterson reported an acquisition of 103.94 stock units on August 20, 2026. These units represent dividend equivalents on previously deferred stock awards under the Nonemployee Directors' Deferred Compensation Plan and are payable in Franklin common stock or cash at distribution. Following this credit, she holds 38,433.68 stock units directly.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PETERSON RENEE J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units F1 | 103.94 | $103.26 | $11K |
Holdings After Transaction:
stock units — 38,433.68 shares (Direct)
Footnotes (1)
- F1. Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On August 20, 2026, Ms. Peterson was credited with 103.94 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.
Key Figures
Stock units acquired: 103.94 stock units
Reference price per stock unit: $103.26 per stock unit
Stock units following transaction: 38,433.68 stock units
+1 more
4 metrics
Stock units acquired
103.94 stock units
Grant/award acquisition on August 20, 2026 as dividend equivalents
Reference price per stock unit
$103.26 per stock unit
Value used for the August 20, 2026 stock unit credit
Stock units following transaction
38,433.68 stock units
Total stock units directly owned by Renee J. Peterson after the transaction
Underlying common stock shares
103.94 shares
Common stock underlying the stock units credited on August 20, 2026
Key Terms
Nonemployee Directors' Deferred Compensation Plan, Stock Units, deferred compensation
3 terms
Nonemployee Directors' Deferred Compensation Plan financial
"Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board"
Stock Units financial
"On August 20, 2026, Ms. Peterson was credited with 103.94 Stock Units for dividends"
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
deferred compensation financial
"receive her deferred compensation either in shares of Franklin common stock or in cash"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
FAQ
What insider transaction did FELE director Renee J. Peterson report?
Renee J. Peterson reported an acquisition of 103.94 stock units of Franklin Electric Co., Inc. on August 20, 2026. The units were credited as dividend equivalents on previously deferred stock awards under the company’s Nonemployee Directors' Deferred Compensation Plan.
How many FELE stock units does Renee J. Peterson hold after this transaction?
After the August 20, 2026 transaction, Renee J. Peterson holds 38,433.68 stock units of Franklin Electric Co., Inc. These are reported as directly owned and relate to her deferred compensation elections as a nonemployee director.
What is the nature of the stock units acquired by the FELE director?
The 103.94 stock units credited to Renee J. Peterson are dividend equivalents on deferred Franklin Electric common stock under the Nonemployee Directors' Deferred Compensation Plan. They represent compensation that will be settled later in shares of common stock or in cash, at her election under the plan.
At what reference price were the new FELE stock units recorded?
The 103.94 stock units credited to Renee J. Peterson were recorded at a reference value of $103.26 per unit. This price is used for reporting purposes for the deferred stock units under the Nonemployee Directors' Deferred Compensation Plan.
When can the FELE director receive the deferred stock units reported in this Form 4?
Under the Nonemployee Directors' Deferred Compensation Plan, Renee J. Peterson can receive the deferred compensation, including the 103.94 stock units, when she retires or otherwise leaves the Board, or at another time permitted by the plan. She may elect payment in Franklin common stock or in cash.
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