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Franklin Electric (FELE) CAO awarded shares, some withheld for tax

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Franklin Electric’s Chief Administrative Officer Jonathan M. Grandon reported equity compensation activity in company common stock. On February 16, 2026, he acquired 1,555 shares at $108.94 per share through a grant or award tied to restricted stock vesting.

On the same date, 627 shares were disposed of to cover tax withholding, also at $108.94 per share. After these transactions, Grandon directly held 7,544 shares, including 1,698 restricted shares vesting on 2/20/2028, 1,715 restricted shares vesting on 2/22/2027, and 4,131 shares owned outright.

Positive

  • None.

Negative

  • None.
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*
Grandon Jonathan M.

(Last) (First) (Middle)
FRANKLIN ELECTRIC CO., INC.
9255 COVERDALE ROAD

(Street)
FORT WAYNE IN 46809

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Administrative Officer
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 1,555(1) A $108.94 8,171 D
common stock 02/16/2026 F 627 D $108.94 7,544(2) D
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 shares.
2. Includes 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 4,131 shares owned outright.
Remarks:
Jonathan M. Grandon 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 stock transactions did Franklin Electric (FELE) report for Jonathan M. Grandon?

Franklin Electric’s Chief Administrative Officer Jonathan M. Grandon received a grant of 1,555 common shares at $108.94 and had 627 shares withheld to cover taxes. These transactions were reported as a grant/award acquisition and a tax-withholding disposition on February 16, 2026.

How many Franklin Electric (FELE) shares does Jonathan M. Grandon hold after the reported Form 4?

After the transactions, Jonathan M. Grandon directly holds 7,544 Franklin Electric shares. This total includes 1,698 restricted shares vesting on 2/20/2028, 1,715 restricted shares vesting on 2/22/2027, and 4,131 shares owned outright, as disclosed in the Form 4 footnotes.

What was the purpose of the 627-share disposition reported for Franklin Electric (FELE) insider Jonathan M. Grandon?

The 627-share disposition was for tax withholding related to the equity award. It is coded as an F transaction, meaning payment of exercise price or tax liability by delivering securities, and occurred at $108.94 per share on February 16, 2026.

How is the 1,555-share transaction for Franklin Electric (FELE) classified on the Form 4?

The 1,555-share transaction is classified with code A, described as a grant, award, or other acquisition. Footnotes indicate it relates to the vesting of restricted stock shares, with the price reported as $108.94 per share on February 16, 2026.

What future vesting restricted shares does Franklin Electric (FELE) insider Jonathan M. Grandon hold?

Jonathan M. Grandon holds 1,698 restricted shares scheduled to vest on 2/20/2028 and 1,715 restricted shares scheduled to vest on 2/22/2027. These are in addition to 4,131 shares owned outright, all included in his 7,544 total direct holdings.
Franklin Elec Inc

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4.05B
38.19M
Specialty Industrial Machinery
Motors & Generators
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United States
FORT WAYNE