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[Form 4] FRANKLIN ELECTRIC CO INC Insider Trading Activity

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

Rhea-AI Filing Summary

Franklin Electric Co., Inc. (FELE)Thomas R. VerHage under a deferred compensation arrangement. On November 20, 2025, he was credited with 175.62 stock units, reflecting dividends that would have been paid on previously deferred Franklin Electric common stock awards and fees. These stock units are issued under the company’s Nonemployee Directors' Deferred Compensation Plan, which allows Mr. VerHage to defer stock awards, meeting fees, retainers, and lead independent director fees.

Following this transaction, Mr. VerHage beneficially owns 60,535.36 derivative securities in the form of stock units on a direct basis. Under the plan, when his deferred compensation is distributed after he retires, leaves the board, or at another time allowed by the plan, he may choose to receive payment in either Franklin Electric common stock or cash.

Positive

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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*
VERHAGE THOMAS R

(Last) (First) (Middle)
6513 CROWN COLONY PLACE #101

(Street)
NAPLES FL 34108

(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)
11/20/2025
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
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
stock units (1) 11/20/2025 A 175.62 (1) (1) common stock 175.62 $91.08 60,535.36 D
Explanation of Responses:
1. Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Mr. VerHage elected to receive his 2011-2020 and 2023-2024 stock award, meeting fees and retainer and his 2021-2022 stock award, meeting fees, retainer and lead independent director fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until he retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On November 20, 2025, Mr. VerHage was credited with 175.62 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. VerHage may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.
Remarks:
Jonathan M. Grandon, power of attorney for Thomas R. VerHage 11/24/2025
** 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.
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.

FAQ

What insider transaction did Franklin Electric (FELE) report for Thomas R. VerHage?

The company reported that director Thomas R. VerHage was credited with 175.62 stock units on November 20, 2025 under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan.

What are the 175.62 stock units reported for FELE’s director?

The 175.62 stock units represent dividend equivalents that would have been paid on Mr. VerHage’s deferred Franklin Electric common stock awards and fees, accumulated under the deferred compensation plan.

How many derivative securities does the FELE director own after this transaction?

After the reported transaction, Mr. VerHage beneficially owns 60,535.36 derivative securities in the form of stock units, held on a direct basis.

What is the deferred compensation plan mentioned in the Franklin Electric (FELE) Form 4?

The plan is the Nonemployee Directors' Deferred Compensation Plan, approved on February 11, 2000 and amended and restated on May 6, 2020, allowing directors to receive stock awards, fees, and retainers as deferred stock units.

When will the FELE director receive the value of his deferred stock units?

Under the plan, Mr. VerHage’s deferred stock units are distributed when he retires, otherwise leaves the Board of Directors, or at another time permitted by the plan’s terms.

Will the Franklin Electric (FELE) director receive stock or cash from these deferred units?

At distribution, Mr. VerHage may elect, pursuant to the plan, to receive his deferred compensation either in shares of Franklin Electric common stock or in cash.

What was the reference price per stock unit in the FELE Form 4?

The Form 4 shows a price of $91.08 associated with the 175.62 stock units credited on November 20, 2025.

Franklin Elec Inc

NASDAQ:FELE

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FELE Stock Data

4.14B
38.17M
14.22%
87.54%
1.44%
Specialty Industrial Machinery
Motors & Generators
Link
United States
FORT WAYNE