Franklin Electric executive receives share award

Franklin Electric Co. Inc. reported that Jay J. Walsh, President of Franklin Fueling, received an award of 2,078 shares of common stock on April 8, 2026 in connection with the vesting of performance share units.

Rhea-AI Filing Summary

Franklin Electric Co. Inc. reported that Jay J. Walsh, President of Franklin Fueling, received an award of 2,078 shares of common stock on April 8, 2026 in connection with the vesting of performance share units. On the same date, 894 shares of common stock were withheld to cover tax obligations related to this vesting. After these transactions, Walsh directly owned 21,283 shares of common stock. His holdings also include 2,112 restricted stock units that vest in three equal annual installments beginning on February 19, 2026, 1,120 restricted stock units that vest on February 20, 2028, 1,156 restricted stock units that vest on February 22, 2027, and 16,895 shares owned outright.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Walsh Jay J

Role President, Franklin Fueling

Type	Security	Shares	Price	Value
Grant/Award	common stock	2,078	$99.33	$206K
Exercise Price or Tax Liability	common stock	894	$99.33	$89K

Holdings After Transaction: common stock — 21,283 shares (Direct)

Footnotes (2)

1. F1. Vest of Performance Share Units.
2. F2. Includes 2,112 restricted stock units that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,120 restricted stock units that vest on 2/20/2028, 1,156 restricted stock units that vest on 2/22/2027, and 16,895 shares owned outright.

Key Figures

Awarded shares: 2,078 shares Tax-withheld shares: 894 shares Price per share: $99.33 per share +5 more

8 metrics

Awarded shares 2,078 shares Common stock granted on April 8, 2026 from performance share unit vesting

Tax-withheld shares 894 shares Shares withheld on April 8, 2026 to cover tax obligations

Price per share $99.33 per share Reporting price used for both award and tax-withholding entries

Shares owned after transactions 21,283 shares Total common shares directly owned by Walsh following April 8, 2026 entries

RSUs vesting annually 2,112 units Restricted stock units vesting in three equal installments starting February 19, 2026

RSUs vesting 2028 1,120 units Restricted stock units scheduled to vest on February 20, 2028

RSUs vesting 2027 1,156 units Restricted stock units scheduled to vest on February 22, 2027

Shares owned outright 16,895 shares Common shares owned outright by Walsh as referenced in the footnote

Key Terms

Performance Share Units, restricted stock units, tax-withholding disposition

3 terms

Performance Share Units financial

"Vest of Performance Share Units."

Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.

restricted stock units financial

"Includes 2,112 restricted stock units that vest in equal installments of 1/3 each year"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did FELE executive Jay J. Walsh report?

Jay J. Walsh reported receiving 2,078 shares of Franklin Electric common stock from a performance share unit vesting, with 894 shares withheld for taxes. Following these transactions, he directly owned 21,283 shares, plus several tranches of unvested restricted stock units.

Was the FELE insider transaction a market buy or sell?

The transactions were compensation-related, not open-market trades. Walsh received 2,078 shares as an award and 894 shares were disposed of to cover tax liabilities. No open-market purchases or sales were reported in this Form 4 filing.

How many Franklin Electric shares does Jay J. Walsh hold after this Form 4?

After the reported transactions, Walsh directly held 21,283 shares of Franklin Electric common stock. In addition, he has multiple restricted stock unit grants outstanding that are scheduled to vest on specified future dates, increasing his potential future share ownership.

What restricted stock units does the FELE executive have outstanding?

Walsh holds 2,112 restricted stock units vesting in three equal annual installments starting February 19, 2026. He also holds 1,120 restricted stock units vesting on February 20, 2028 and 1,156 restricted stock units vesting on February 22, 2027, alongside shares already owned outright.

What does the tax-withholding transaction mean in this FELE Form 4?

The 894-share disposition reflects shares withheld to satisfy tax obligations from the vesting event, not an open-market sale. This type F transaction indicates the company used a portion of newly delivered shares to cover Walsh’s tax liability associated with the equity award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/10/2026 - 03:29 PM EDT Learn about SEC filing dates

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^*

Walsh Jay J

(Last) (First) (Middle)

FRANKLIN ELECTRIC CO., INC.

9255 COVERDALE ROAD

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Franklin Fueling

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
common stock	04/08/2026		A		2,078(1)	A	$99.33	22,177	D
common stock	04/08/2026		F		894	D	$99.33	21,283(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Vest of Performance Share Units.

2. Includes 2,112 restricted stock units that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,120 restricted stock units that vest on 2/20/2028, 1,156 restricted stock units that vest on 2/22/2027, and 16,895 shares owned outright.

Remarks:

	Jay J. Walsh	04/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)