Director at Franklin Electric (FELE) credited dividend-equivalent stock units

Rhea-AI Filing Summary

Franklin Electric director Jennifer L. Sherman reported an acquisition of 141.46 stock units on February 19, 2026. These units reflect dividends that would have been paid on previously deferred stock awards and fees under the company’s Nonemployee Directors' Deferred Compensation Plan.

After this credit, her directly held stock units total 47,990.89. Under the plan, issuance of the underlying Franklin Electric common shares is deferred until she retires, otherwise leaves the board, or takes distributions per the plan, which may be in shares or cash.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider SHERMAN JENNIFER L

Role Director

Type	Security	Shares	Price	Value
Grant/Award	stock units	141.46	$94.71	$13K

Holdings After Transaction: stock units — 47,990.89 shares (Direct)

Footnotes (1)

1. [object Object]

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

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^*

SHERMAN JENNIFER L

(Last) (First) (Middle)

1333 BUTTERFIELD ROAD

SUITE 500

(Street)

DOWNERS GROVE IL 60515

(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)
02/19/2026

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

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)	02/19/2026		A		141.46		(1)	(1)	common stock	141.46	$94.71	47,990.89	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, Ms. Sherman elected to receive her 2014-2022 stock award, meeting fees, and retainer, 2023-2024 stock award, meeting fees, retainer and lead independent director fees and 2025 stock award, meeting fees, retainer and chairperson fees of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she 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 February 19, 2026, Ms. Sherman was credited with 141.46 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.

Remarks:

	Jonathan M. Grandon, power of attorney for Jennifer L Sherman	02/23/2026
	** 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 transaction did Franklin Electric (FELE) report for Jennifer L. Sherman?

Franklin Electric reported that director Jennifer L. Sherman acquired 141.46 stock units on February 19, 2026. The units represent dividend equivalents on previously deferred stock-based compensation and are credited under the company’s Nonemployee Directors' Deferred Compensation Plan.

How many Franklin Electric (FELE) stock units does Jennifer L. Sherman hold after this Form 4?

After this transaction, Jennifer L. Sherman holds 47,990.89 stock units directly. These units reflect deferred stock awards, fees, and dividend equivalents credited over multiple years under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan.

What is the nature of the 141.46 stock units reported for Franklin Electric (FELE)?

The 141.46 stock units are dividend equivalents credited to Jennifer L. Sherman. They correspond to dividends that would have been paid on Franklin Electric common shares previously deferred as stock awards, fees, and retainers under the directors’ deferred compensation plan.

When will Jennifer L. Sherman receive the Franklin Electric (FELE) shares or cash from these stock units?

Payment of these stock units is deferred until Jennifer L. Sherman retires, otherwise leaves the board, or elects distribution under plan terms. At distribution, she may choose to receive Franklin Electric common stock or cash, consistent with the Nonemployee Directors' Deferred Compensation Plan.

What plan governs Jennifer L. Sherman’s deferred stock units at Franklin Electric (FELE)?

Her deferred stock units are governed by Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan. The plan, approved in 2000 and amended in 2020, allows directors to defer stock awards and fees into stock units with distributions in shares or cash later.

Does the Form 4 indicate an open-market purchase or sale for Franklin Electric (FELE)?

No open-market trade is indicated; the Form 4 shows a grant-type acquisition coded as “A.” The 141.46 stock units were credited as dividend equivalents under the deferred compensation plan, rather than being bought or sold on the open market.