Franklin Electric (FELE) director adds to deferred stake
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.
Positive
- None.
Negative
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SENGSTACK GREGG C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units F1 | 4.52 | $103.26 | $466.74 |
Holdings After Transaction:
stock units — 1,669.82 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, 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
Stock units acquired: 4.5200 stock units
Price per stock unit: $103.2600 per unit
Total stock units after transaction: 1669.8200 stock units
+2 more
5 metrics
Stock units acquired
4.5200 stock units
Grant/award acquisition on August 20, 2026
Price per stock unit
$103.2600 per unit
Reference transaction price for credited stock units
Total stock units after transaction
1669.8200 stock units
Direct holdings following August 20, 2026 credit
Transaction date
August 20, 2026
Date stock units for dividends were credited
Underlying security
4.5200 shares of common stock
Underlying Franklin Electric common stock per stock unit
Key Terms
Nonemployee Directors' Deferred Compensation Plan, Stock Units, deferred compensation, dividends
4 terms
Nonemployee Directors' Deferred Compensation Plan financial
"Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved"
Stock Units financial
"On August 20, 2026, Mr. Sengstack was credited with 4.52 Stock Units for"
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
"to receive his deferred compensation either in shares of Franklin"
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.
dividends financial
"credited with 4.52 Stock Units for dividends that would have been"
Dividends are cash payments a company gives to its shareholders from profits or cash reserves, effectively sharing part of its earnings with owners. They matter to investors because they provide a steady income stream, act like an interest or rent payment on owning the stock, and signal management’s confidence in the business—factors that influence total return and share price. Regular or special dividends can change an investor’s income and reinvestment strategy.
FAQ
What insider transaction did FELE director Gregg C. Sengstack report?
Gregg C. Sengstack reported an acquisition of 4.5200 stock units on August 20, 2026 under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan, representing dividend equivalents on previously deferred 2025 stock awards.
How many FELE stock units does Gregg C. Sengstack hold after this transaction?
After this transaction, Gregg C. Sengstack holds a total of 1669.8200 stock units directly under the deferred compensation arrangement tied to Franklin Electric common stock.
What price per unit is associated with the reported FELE stock units?
The reported stock units are associated with a reference price of $103.2600 per unit, as shown in the Form 4 for the August 20, 2026 transaction.
Was this FELE insider transaction made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, and the footnote describes the transaction as part of the Nonemployee Directors' Deferred Compensation Plan, not a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
