Franklin Electric (FELE) VP reports stock grant and tax-share disposal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Electric Co Inc executive Brent L. Spikes, VP Global Manufacturing Operations, reported equity compensation activity in company common stock. On February 16, 2026, he acquired 725 shares at $108.94 per share as a grant or award tied to the vesting of restricted stock. On the same date, 343 shares were disposed of through a tax-withholding transaction at $108.94 per share, leaving 3,859 shares owned directly after these entries. Footnotes state this total includes 837 restricted stock units vesting on February 20, 2028, 826 restricted stock units vesting on February 22, 2027, and 2,196 shares owned outright.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SPIKES BRENT L
Role
VP, Global Manufacturing Ops
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 725 | $108.94 | $79K |
| Tax Withholding | common stock | 343 | $108.94 | $37K |
Holdings After Transaction:
common stock — 4,202 shares (Direct)
Footnotes (1)
- Vest of restricted stock shares. Includes 837 restricted stock units that vest on 2/20/2028, 826 restricted stock units that vest on 2/22/2027, and 2,196 shares owned outright.
FAQ
What insider transactions did FELE executive Brent Spikes report?
Brent L. Spikes reported an equity award and a related tax-withholding share disposition. He received 725 Franklin Electric common shares and 343 shares were disposed of to cover tax obligations, both dated February 16, 2026, at $108.94 per share.
Was the FELE insider transaction a stock purchase or a compensation grant?
The filing describes a compensation-related grant, not an open-market stock purchase. Spikes acquired 725 shares as a grant or award tied to restricted stock vesting, with no indication these were bought in the open market.
What future vesting restricted stock units does Brent Spikes hold in FELE?
Spikes holds restricted stock units scheduled to vest over the next two years. Footnotes list 837 units vesting on February 20, 2028, and 826 units vesting on February 22, 2027, in addition to shares he already owns outright.
What role does Brent Spikes hold at Franklin Electric (FELE)?
Brent L. Spikes serves as Vice President, Global Manufacturing Operations at Franklin Electric Co Inc. His Form 4 filing reflects equity compensation and tax-withholding activity related to his role as a senior executive at the company.