Franklin Electric director adds 4.52 stock units
FRANKLIN ELECTRIC CO INC (FELE) director Gregg C. Sengstack reported an acquisition of 4.5200 stock units on August 20, 2026 under the Nonemployee Directors' Deferred Compensation Plan.
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Rhea-AI Filing Summary
FRANKLIN ELECTRIC CO INC (FELE) director Gregg C. Sengstack reported an acquisition of 4.5200 stock units on August 20, 2026 under the Nonemployee Directors' Deferred Compensation Plan. These units represent dividends on previously deferred 2025 stock awards and increase his directly held deferred stock units to 1669.8200. The underlying value is linked to Franklin Electric common stock at a reference price of $103.2600 per unit, with actual share or cash distribution deferred until he retires, leaves the Board, or otherwise elects distribution under the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units F1 | 4.52 | $103.26 | $466.74 |
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, 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 20, 2026, Mr. Sengstack was credited with 4.52 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.
Key Figures
Key Terms
Nonemployee Directors' Deferred Compensation Plan financial
Stock Units financial
deferred compensation financial
dividends financial
FAQ
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What insider transaction did FELE director Gregg C. Sengstack report?
How many FELE stock units does Gregg C. Sengstack hold after this transaction?
What price per unit is associated with the reported FELE stock units?
Was this FELE insider transaction made under a Rule 10b5-1 trading plan?
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