STOCK TITAN

Franklin Electric (FELE) director Victor Grizzle receives 2,526-share stock grant

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

Rhea-AI Filing Summary

Grizzle Victor reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric Co. Inc. director Victor Grizzle received a grant of 2,526 shares of common stock on May 8, 2026. The shares vest immediately as payment for his 2026 Board retainer, stock award, and committee chair/member fees, which he elected to take entirely in stock. Following this grant, he owns 17,096 shares outright.

Positive

  • None.

Negative

  • None.
Insider Grizzle Victor
Role null
Type Security Shares Price Value
Grant/Award common stock 2,526 $0.00 --
Holdings After Transaction: common stock — 17,096 shares (Direct, null)
Footnotes (1)
  1. Shares vest immediately as payment for the 2026 Board of Director retainer, stock award and committee chair/member fees. Mr. Grizzle elected to receive all payments in common stock. Includes 17,096 shares owned outright.
Shares granted 2,526 shares Board and committee compensation grant on May 8, 2026
Price per share $0.00 per share Compensation grant, not open-market purchase
Total shares after grant 17,096 shares Common stock owned outright following transaction
Transaction code A Grant, award, or other acquisition of common stock
Transaction direction acquire Non-derivative stock grant to director
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
retainer financial
"payment for the 2026 Board of Director retainer, stock award and committee fees"
committee chair/member fees financial
"stock award and committee chair/member fees. Mr. Grizzle elected to receive"
vest immediately financial
"Shares vest immediately as payment for the 2026 Board of Director retainer"
SEC Form 4
FORM 4UNITED 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*
Grizzle Victor

(Last)(First)(Middle)
9255 COVERDALE RD

(Street)
FORT WAYNE INDIANA 46809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
common stock05/08/2026A2,526(1)A$017,096(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares vest immediately as payment for the 2026 Board of Director retainer, stock award and committee chair/member fees. Mr. Grizzle elected to receive all payments in common stock.
2. Includes 17,096 shares owned outright.
Remarks:
Jonathan M. Grandon, power of attorney for Victor Grizzle05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Franklin Electric (FELE) director Victor Grizzle report on this Form 4?

Director Victor Grizzle reported receiving 2,526 shares of Franklin Electric common stock. The shares were granted as compensation for his 2026 Board retainer, stock award, and committee chair/member fees, and vest immediately according to the filing’s footnotes.

Was Victor Grizzle’s Franklin Electric Form 4 transaction an open-market purchase or a grant?

The Form 4 shows a share grant, not an open-market purchase. Code A indicates a grant, award, or other acquisition, and the price per share is listed as 0.0000, confirming it was compensation rather than a cash stock purchase.

How many Franklin Electric (FELE) shares did Victor Grizzle receive in this board compensation grant?

He received 2,526 shares of Franklin Electric common stock. The footnote explains these shares represent payment for his 2026 Board of Director retainer, stock award, and committee chair/member fees, which he chose to receive entirely in stock instead of cash.

How many Franklin Electric shares does Victor Grizzle hold after this Form 4 transaction?

After the grant, Victor Grizzle holds 17,096 shares of Franklin Electric common stock. The filing states this total includes shares owned outright following the 2,526-share stock compensation award for his 2026 Board and committee service.

Does the Franklin Electric Form 4 indicate when the granted shares to Victor Grizzle vest?

Yes. The footnote states the shares vest immediately. They are issued as payment for the 2026 Board of Director retainer, stock award, and committee chair/member fees, with Mr. Grizzle electing to receive all those payments in common stock.