FELE insider report: Gregg Sengstack records vesting, trust holdings detailed

Rhea-AI Filing Summary

Gregg C. Sengstack, a director of Franklin Electric Co., reported changes in his beneficial ownership on Form 4 dated 09/01/2025. The filing shows a vesting of restricted stock and two non-derivative transactions at a reported price of $97.86 per share on 09/01/2025: an acquisition of 366 shares and a disposition of 145 shares.

The filing reports two post-transaction beneficial ownership figures of 130,425 and 130,280 shares and lists indirect holdings including 160,000 shares in the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust, 9,032 shares held by the Sengstack Family Foundation, and 56,900 shares held indirectly by the spouse. Explanations state which trusts the reporting person controls or does not control and that some restricted shares vest over specified schedules.

Insights

Financial Analyst

TL;DR Insider reported small net activity and significant indirect holdings, reflecting ownership concentration in trusts and foundations.

The Form 4 documents a vesting event and two small non-derivative transactions at $97.86 per share on 09/01/2025: an acquisition of 366 shares and a disposition of 145 shares. Reported beneficial ownership figures after the transactions are 130,425 and 130,280 shares. The filing discloses substantial indirect positions: 160,000 shares in the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust, 9,032 shares in the Sengstack Family Foundation, and 56,900 shares held indirectly by the spouse. These are recorded with statements about voting and dispositive powers.

Corporate Governance Expert

TL;DR Filing documents routine vesting and trust-held positions with governance notes on voting and investment powers.

The report clarifies the nature of indirect ownership: the reporting person does not have sole voting and investment power over the Gregg Sengstack 2020 Dynasty Trust, is trustee with sole voting and investment power for the Dianne Sengstack 2020 Dynasty Trust, and is president with sole voting and dispositive power for the Sengstack Family Foundation. These distinctions are explicitly stated and relevant for assessments of control and related-party governance disclosures.

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

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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^*

SENGSTACK GREGG C

(Last) (First) (Middle)

738 LATITUDE CIRCLE

(Street)

CHATTANOOGA TN 37402

(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)
09/01/2025

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	09/01/2025		A		366(1)	A	$97.86	130,425	D
common stock	09/01/2025		F		145	D	$97.86	130,280(2)	D
common stock								160,000	I	By Reporting Person's Trust(3)
common stock								115,000	I	By Spouse's Trust(4)
common stock								9,032	I	By Sengstack Family Foundation(5)
common stock								56,900	I	By Spouse

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 6,958 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, and 100,817 shares owned outright.

3. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.

4. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.

5. Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.

Remarks:

	Jonathan M. Grandon, power of attorney for Gregg C. Sengstack	09/03/2025
	** 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.
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FAQ

What transactions did Gregg C. Sengstack report on Form 4 for FELE?

The filing reports a vesting of restricted stock and two non-derivative transactions on 09/01/2025: acquisition of 366 shares and disposition of 145 shares at $97.86 per share.

How many FELE shares does Gregg C. Sengstack beneficially own after the reported transactions?

The Form 4 lists post-transaction beneficial ownership figures of 130,425 and 130,280 shares as shown in the filing.

What indirect FELE holdings are disclosed by Gregg C. Sengstack?

The filing discloses 160,000 shares in the Gregg Sengstack 2020 Dynasty Trust, 115,000 in the Dianne Sengstack 2020 Dynasty Trust, 9,032 in the Sengstack Family Foundation, and 56,900 held indirectly by the spouse.

Does Gregg C. Sengstack have voting or investment power over the trusts disclosed?

Yes. The filing states he does not have sole voting and investment power over the Gregg Sengstack 2020 Dynasty Trust, he is trustee with sole voting and investment power for the Dianne Sengstack 2020 Dynasty Trust, and he is president with sole voting and dispositive power for the Sengstack Family Foundation.

When was the Form 4 signed and by whom?

The signature block shows Jonathan M. Grandon signing as power of attorney for Gregg C. Sengstack on 09/03/2025.