Director at Franklin Electric (FELE) reports stock grant and tax withholding

Rhea-AI Filing Summary

Franklin Electric director Gregg C. Sengstack reported equity-related transactions in company common stock. On February 16, 2026, he acquired 11,069 shares as a grant or award at $108.94 per share, reflecting the vesting of restricted stock units.

On the same date, 4,410 shares were disposed of in a tax-withholding transaction at $108.94 per share rather than an open-market sale. After these transactions, Sengstack directly owned 105,318 shares, which the footnotes explain include restricted shares, restricted stock units, and shares owned outright.

The filing also lists indirect holdings: 29,687 shares held by the Sengstack Family Foundation where he has sole voting and dispositive power; 160,000 shares in a dynasty trust where he does not have sole voting and investment power; and additional spouse-related trusts totaling 171,900 shares where he serves as trustee with sole voting and investment power.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider SENGSTACK GREGG C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	common stock	11,069	$108.94	$1.21M
Tax Withholding	common stock	4,410	$108.94	$480K
holding	common stock	--	--	--
holding	common stock	--	--	--
holding	common stock	--	--	--
holding	common stock	--	--	--

Holdings After Transaction: common stock — 109,728 shares (Direct); common stock — 29,687 shares (Indirect, By Sengstack Family Foundation)

Footnotes (1)

1. Vest of restricted stock units. Includes 5,128 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, and 88,754 shares owned outright. Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the Dianne Sengstack 2025 Special Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and dispositive power.

Form 4 Insider Transactions: What Each Field Means →

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

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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)
02/16/2026

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	02/16/2026		A		11,069(1)	A	$108.94	109,728	D
common stock	02/16/2026		F		4,410	D	$108.94	105,318(2)	D
common stock								29,687	I	By Sengstack Family Foundation(3)
common stock								160,000	I	By Reporting Person's Trust(4)
common stock								115,000	I	By Spouse's Trust(5)
common stock								56,900	I	By Spouse's Special Trust #1(6)

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. Vest of restricted stock units.

2. Includes 5,128 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, and 88,754 shares owned outright.

3. Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.

4. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.

5. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.

6. Represents shares held of record by the Dianne Sengstack 2025 Special Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and dispositive power.

Remarks:

	Jonathan M. Grandon, power of attorney for Gregg C. Sengstack	02/18/2026
	** 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 transactions did Gregg C. Sengstack report at FELE?

Gregg C. Sengstack reported an equity award and a tax withholding. He received 11,069 shares of Franklin Electric common stock and had 4,410 shares withheld to cover taxes, both valued at $108.94 per share on February 16, 2026.

How many Franklin Electric shares does Gregg C. Sengstack now hold directly?

After the reported transactions, Sengstack directly holds 105,318 shares. This direct position includes restricted shares, restricted stock units scheduled to vest in the future, and shares owned outright, as described in the accompanying footnotes to the insider filing.

Was Gregg C. Sengstack’s share disposition at FELE an open-market sale?

No, the reported disposition was for tax withholding. The 4,410 Franklin Electric shares were delivered to satisfy tax liabilities related to the equity award, according to the Form 4 code F description, rather than being sold on the open market.

What indirect Franklin Electric holdings are associated with Gregg C. Sengstack?

The filing lists several indirect positions in Franklin Electric shares. These include the Sengstack Family Foundation and multiple trusts, some where Sengstack has sole voting and investment power and one dynasty trust where he does not have sole voting or investment authority.

How many Franklin Electric shares are held by the Sengstack Family Foundation?

The Sengstack Family Foundation holds 29,687 Franklin Electric shares. The filing states that Gregg C. Sengstack is the foundation’s president and has sole voting and dispositive power over these shares, making this an important part of his indirect ownership profile.

What do the FELE spouse-related trusts hold for Gregg C. Sengstack’s benefit?

Spouse-related trusts together hold over 280,000 Franklin Electric shares. One dynasty trust with 160,000 shares is overseen by his spouse as trustee, while other spouse trusts totaling 171,900 shares list Sengstack as trustee with sole voting and investment authority.