STOCK TITAN

[Form 4] Franklin Electric Co Inc Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Gregg C. Sengstack, a director of Franklin Electric Co., Inc. (FELE), was credited with 4.56 stock units under the company's Nonemployee Directors' Deferred Compensation Plan on 08/21/2025. The units represent dividends that would have been paid on deferred shares and were credited at a price of $95.76 per share. After the crediting, the filing reports 1,650.8 shares/stock units beneficially owned following the transaction. Under the Plan, distribution of deferred compensation may be taken in Franklin common stock or cash when Mr. Sengstack retires, leaves the board, or elects payment per Plan terms.

Gregg C. Sengstack, membro del consiglio di amministrazione di Franklin Electric Co., Inc. (FELE), è stato accreditato di 4,56 unità azionarie ai sensi del Nonemployee Directors' Deferred Compensation Plan della società il 08/21/2025. Le unità rappresentano i dividendi che sarebbero stati corrisposti su azioni differite e sono state accreditate a un prezzo di 95,76 USD per azione. Dopo l'accredito, il documento riporta la detenzione beneficiaria di 1.650,8 azioni/unità azionarie a seguito della transazione. In base al Piano, la distribuzione della retribuzione differita può essere effettuata in azioni ordinarie Franklin o in contanti quando il sig. Sengstack si ritira, lascia il consiglio o opta per il pagamento secondo i termini del Piano.

Gregg C. Sengstack, director de Franklin Electric Co., Inc. (FELE), fue acreditado con 4,56 unidades de acciones bajo el Nonemployee Directors' Deferred Compensation Plan de la compañía el 08/21/2025. Las unidades representan dividendos que se habrían pagado sobre acciones diferidas y fueron acreditadas a un precio de 95,76 USD por acción. Tras el abono, la presentación informa la posesión beneficiaria de 1.650,8 acciones/unidades de acciones como resultado de la transacción. Según el Plan, la distribución de la compensación diferida puede hacerse en acciones ordinarias de Franklin o en efectivo cuando el Sr. Sengstack se jubile, abandone la junta o elija el pago conforme a los términos del Plan.

Franklin Electric Co., Inc.(FELE) 이사회 이사인 Gregg C. Sengstack는 2025-08-21에 회사의 Nonemployee Directors' Deferred Compensation Plan에 따라 4.56주(주 단위)가 적립되었습니다. 이 단위는 이연 주식에 지급되었을 배당금을 나타내며 주당 95.76달러의 가격으로 적립되었습니다. 적립 후 해당 보고서에는 거래 이후 1,650.8주의 주식/주 단위가 수혜적으로 보유 중인 것으로 기재되어 있습니다. 플랜에 따르면 이연 보수의 분배는 Sengstack 씨가 은퇴하거나 이사회에서 물러나거나 플랜 조건에 따라 지급을 선택할 때 Franklin 보통주 또는 현금으로 이루어질 수 있습니다.

Gregg C. Sengstack, administrateur de Franklin Electric Co., Inc. (FELE), s'est vu créditer 4,56 unités d'actions au titre du Nonemployee Directors' Deferred Compensation Plan de la société le 08/21/2025. Les unités représentent des dividendes qui auraient été payés sur des actions différées et ont été créditées à un prix de 95,76 USD par action. Après l'imputation, le dossier indique une détention bénéficiaire de 1 650,8 actions/unités d'actions à la suite de la transaction. En vertu du Plan, la distribution de la rémunération différée peut être effectuée en actions ordinaires Franklin ou en espèces lorsque M. Sengstack prend sa retraite, quitte le conseil ou choisit le paiement conformément aux conditions du Plan.

Gregg C. Sengstack, Director von Franklin Electric Co., Inc. (FELE), wurden am 08/21/2025 im Rahmen des Nonemployee Directors' Deferred Compensation Plan des Unternehmens 4,56 Aktieneinheiten gutgeschrieben. Die Einheiten stellen Dividenden dar, die auf aufgeschobene Aktien gezahlt worden wären, und wurden zu einem Preis von 95,76 USD pro Aktie gutgeschrieben. Nach der Gutschrift meldet die Einreichung einen wirtschaftlichen Besitz von 1.650,8 Aktien/Aktieneinheiten nach der Transaktion. Gemäß dem Plan kann die Auszahlung der aufgeschobenen Vergütung in Franklin-Stammaktien oder in bar erfolgen, wenn Herr Sengstack in den Ruhestand geht, dem Vorstand verlässt oder nach den Bedingungen des Plans die Auszahlung wählt.

Positive
  • Disclosure complies with Section 16 reporting, providing transparency about director compensation
  • Deferred compensation remains tied to company equity, aligning director interests with shareholders
Negative
  • None.

Insights

TL;DR: Director received a small dividend-equivalent credit to deferred stock units; routine governance disclosure with limited market impact.

The Form 4 discloses a routine crediting of 4.56 stock units to a director’s deferred compensation account pursuant to the Nonemployee Directors' Deferred Compensation Plan. The transaction is non-cash and reflects dividend equivalents rather than a market purchase or sale. The filing confirms the director’s relationship to the issuer and the mechanics for eventual distribution in stock or cash. This is a standard disclosure consistent with long-standing director compensation arrangements and does not indicate a change in control, a cash outlay, or an open-market trade.

TL;DR: Small, non-derivative credit of stock units recorded; immaterial to company capitalization or insider stake.

The reported credit of 4.56 stock units at an indicated price of $95.76 results from dividend-equivalent accruals under the deferred compensation plan. The Form 4 also reports total beneficial ownership of 1,650.8 shares/units after the credit. Because this transaction is an administrative plan credit (not a purchase or sale), it is unlikely to affect share supply or signal management trading intent. Disclosure is appropriate and complies with Section 16 reporting requirements.

Gregg C. Sengstack, membro del consiglio di amministrazione di Franklin Electric Co., Inc. (FELE), è stato accreditato di 4,56 unità azionarie ai sensi del Nonemployee Directors' Deferred Compensation Plan della società il 08/21/2025. Le unità rappresentano i dividendi che sarebbero stati corrisposti su azioni differite e sono state accreditate a un prezzo di 95,76 USD per azione. Dopo l'accredito, il documento riporta la detenzione beneficiaria di 1.650,8 azioni/unità azionarie a seguito della transazione. In base al Piano, la distribuzione della retribuzione differita può essere effettuata in azioni ordinarie Franklin o in contanti quando il sig. Sengstack si ritira, lascia il consiglio o opta per il pagamento secondo i termini del Piano.

Gregg C. Sengstack, director de Franklin Electric Co., Inc. (FELE), fue acreditado con 4,56 unidades de acciones bajo el Nonemployee Directors' Deferred Compensation Plan de la compañía el 08/21/2025. Las unidades representan dividendos que se habrían pagado sobre acciones diferidas y fueron acreditadas a un precio de 95,76 USD por acción. Tras el abono, la presentación informa la posesión beneficiaria de 1.650,8 acciones/unidades de acciones como resultado de la transacción. Según el Plan, la distribución de la compensación diferida puede hacerse en acciones ordinarias de Franklin o en efectivo cuando el Sr. Sengstack se jubile, abandone la junta o elija el pago conforme a los términos del Plan.

Franklin Electric Co., Inc.(FELE) 이사회 이사인 Gregg C. Sengstack는 2025-08-21에 회사의 Nonemployee Directors' Deferred Compensation Plan에 따라 4.56주(주 단위)가 적립되었습니다. 이 단위는 이연 주식에 지급되었을 배당금을 나타내며 주당 95.76달러의 가격으로 적립되었습니다. 적립 후 해당 보고서에는 거래 이후 1,650.8주의 주식/주 단위가 수혜적으로 보유 중인 것으로 기재되어 있습니다. 플랜에 따르면 이연 보수의 분배는 Sengstack 씨가 은퇴하거나 이사회에서 물러나거나 플랜 조건에 따라 지급을 선택할 때 Franklin 보통주 또는 현금으로 이루어질 수 있습니다.

Gregg C. Sengstack, administrateur de Franklin Electric Co., Inc. (FELE), s'est vu créditer 4,56 unités d'actions au titre du Nonemployee Directors' Deferred Compensation Plan de la société le 08/21/2025. Les unités représentent des dividendes qui auraient été payés sur des actions différées et ont été créditées à un prix de 95,76 USD par action. Après l'imputation, le dossier indique une détention bénéficiaire de 1 650,8 actions/unités d'actions à la suite de la transaction. En vertu du Plan, la distribution de la rémunération différée peut être effectuée en actions ordinaires Franklin ou en espèces lorsque M. Sengstack prend sa retraite, quitte le conseil ou choisit le paiement conformément aux conditions du Plan.

Gregg C. Sengstack, Director von Franklin Electric Co., Inc. (FELE), wurden am 08/21/2025 im Rahmen des Nonemployee Directors' Deferred Compensation Plan des Unternehmens 4,56 Aktieneinheiten gutgeschrieben. Die Einheiten stellen Dividenden dar, die auf aufgeschobene Aktien gezahlt worden wären, und wurden zu einem Preis von 95,76 USD pro Aktie gutgeschrieben. Nach der Gutschrift meldet die Einreichung einen wirtschaftlichen Besitz von 1.650,8 Aktien/Aktieneinheiten nach der Transaktion. Gemäß dem Plan kann die Auszahlung der aufgeschobenen Vergütung in Franklin-Stammaktien oder in bar erfolgen, wenn Herr Sengstack in den Ruhestand geht, dem Vorstand verlässt oder nach den Bedingungen des Plans die Auszahlung wählt.

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*
SENGSTACK GREGG C

(Last) (First) (Middle)
738 LATITUDE CIRCLE

(Street)
CHATTANOOGA TN 37402

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025
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
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
stock units (1) 08/21/2025 A 4.56 (1) (1) common stock 4.56 $95.76 1,650.8 D
Explanation of Responses:
1. 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, Mr. Sengstack elected to receive his 2025 stock award in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he 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 21, 2025, Mr. Sengstack was credited with 4.56 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Sengstack may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.
Remarks:
Jonathan M. Grandon, power of attorney for Gregg C. Sengstack 08/22/2025
** 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 transaction did Gregg C. Sengstack report on the FELE Form 4?

The Form 4 reports that Mr. Sengstack was credited with 4.56 stock units under the Nonemployee Directors' Deferred Compensation Plan on 08/21/2025.

How many shares/units does Gregg C. Sengstack beneficially own after the transaction (FELE)?

The filing reports 1,650.8 shares/stock units beneficially owned following the reported transaction.

What is the stated price per share/unit for the credited stock units?

The Form 4 shows a price of $95.76 associated with the stock units credited.

Under what plan were the stock units credited?

They were credited pursuant to the Nonemployee Directors' Deferred Compensation Plan, as amended and restated, under which dividend equivalents may be deferred as stock units.

When can the deferred stock units be distributed to Mr. Sengstack?

At distribution, Mr. Sengstack may elect to receive deferred compensation in Franklin common stock or cash when he retires, leaves the Board, or elects payment per the Plan terms.
Franklin Elec Inc

NASDAQ:FELE

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4.26B
38.13M
14.22%
87.26%
1.47%
Specialty Industrial Machinery
Motors & Generators
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United States
FORT WAYNE