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  4. [Form 4] FRANKLIN ELECTRIC CO INC Insider Trading Activity

Executive at Franklin Electric (FELE) receives stock award and tax withholding

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

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.

Positive

  • None.

Negative

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Insider Walsh Jay J
Role President, Franklin Fueling
Type Security Shares Price Value
Grant/Award common stock 2,078 $99.33 $206K
Tax Withholding common stock 894 $99.33 $89K
Holdings After Transaction: common stock — 22,177 shares (Direct)
Footnotes (1)
  1. Vest of Performance Share Units. 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.
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
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.
Form 4 Insider Transactions: What Each Field Means →
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*
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)
Director10% Owner
XOfficer (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)
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 stock04/08/2026A2,078(1)A$99.3322,177D
common stock04/08/2026F894D$99.3321,283(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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. Walsh04/10/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

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.