Franklin Electric (FELE) CAO receives stock award, with shares withheld for tax

Rhea-AI Filing Summary

Franklin Electric Chief Administrative Officer Jonathan M. Grandon received an equity award of 2,803 shares of common stock at $99.33 per share upon vesting of Performance Share Units. To cover taxes, 1,018 shares were withheld, leaving a net 1,785 shares added to his holdings.

After these transactions, Grandon directly holds 12,497 common shares. This includes 3,168 restricted shares that vest in three equal annual installments beginning on 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 5,916 shares owned outright.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Grandon Jonathan M.

Role Chief Administrative Officer

Type	Security	Shares	Price	Value
Grant/Award	common stock	2,803	$99.33	$278K
Tax Withholding	common stock	1,018	$99.33	$101K

Holdings After Transaction: common stock — 13,515 shares (Direct)

Footnotes (1)

1. Vest of Performance Share Units. Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 5,916 shares owned outright.

Key Figures

Equity award shares: 2,803 shares Tax withholding shares: 1,018 shares Reference share price: $99.33 per share +5 more

8 metrics

Equity award shares 2,803 shares Common stock granted via Performance Share Units on 2026-04-08

Tax withholding shares 1,018 shares Shares withheld to cover tax liability at $99.33 per share

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

Shares held after transactions 12,497 shares Total direct Franklin Electric common shares following Form 4

Restricted shares vesting annually 3,168 shares Vest in three equal installments starting 2/19/2026

Restricted shares vesting 2/20/2028 1,698 shares Time-based restricted stock award

Restricted shares vesting 2/22/2027 1,715 shares Time-based restricted stock award

Outright owned shares 5,916 shares Common shares owned outright by Jonathan Grandon

Key Terms

Performance Share Units, restricted shares, tax-withholding disposition, Grant, award, or other acquisition

4 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 shares financial

"Includes 3,168 restricted shares that vest in equal installments"

Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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^*

Grandon Jonathan M.

(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)
	Chief Administrative Officer

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		2,803(1)	A	$99.33	13,515	D
common stock	04/08/2026		F		1,018	D	$99.33	12,497(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 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 5,916 shares owned outright.

Remarks:

	Jonathan M. Grandon	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)

FAQ

What insider transaction did Franklin Electric (FELE) report for Jonathan M. Grandon?

Franklin Electric reported that Chief Administrative Officer Jonathan M. Grandon received a stock award of 2,803 common shares. The award came from vesting Performance Share Units and represents compensation rather than an open-market purchase of stock.

How many Franklin Electric shares were withheld for Jonathan Grandon’s taxes?

A total of 1,018 Franklin Electric common shares were withheld to satisfy tax obligations. This tax-withholding disposition used the same reference price of $99.33 per share as the equity award credited to Jonathan Grandon on the transaction date.

What are Jonathan Grandon’s total Franklin Electric share holdings after this Form 4?

After the reported transactions, Jonathan Grandon directly holds 12,497 Franklin Electric common shares. This total combines restricted stock awards with future vesting dates and 5,916 shares that he already owns outright as of the filing.

How are Jonathan Grandon’s restricted Franklin Electric shares scheduled to vest?

Jonathan Grandon holds 3,168 restricted shares vesting in three equal annual installments starting 2/19/2026. He also has 1,698 restricted shares vesting on 2/20/2028 and 1,715 restricted shares vesting on 2/22/2027, alongside his already-owned common shares.

Was Jonathan Grandon’s Franklin Electric stock award an open-market purchase?

No, the transaction was coded as an award (code A), meaning Grandon received 2,803 shares as a grant or compensation. It reflects vesting of Performance Share Units, not an open-market buy, and includes a related tax-withholding share disposition.