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Franklin Electric (FELE) director reports new stock awards

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

Rhea-AI Filing Summary

Franklin Electric director Gregg C. Sengstack reported updates to his ownership of the company’s common stock. On February 1, 2026, he acquired 366 shares of common stock at $99.62 per share and had 109,892 shares directly owned afterward. A separate code F transaction on the same date shows 164 shares disposed of at $99.62, leaving 109,728 shares directly held.

He also reports indirect holdings, including 29,687 shares held by the Sengstack Family Foundation, where he has sole voting and dispositive power. Additional indirect positions are held through the Gregg Sengstack 2020 Dynasty Trust, the Dianne Sengstack 2020 Dynasty Trust, and the Dianne Sengstack 2025 Special Trust, with varying trustee roles and voting authority described in the footnotes.

Positive

  • None.

Negative

  • None.
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*
SENGSTACK GREGG C

(Last) (First) (Middle)
738 LATITUDE CIRCLE

(Street)
CHATTANOOGA TN 37402

(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)
02/01/2026
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
common stock 02/01/2026 A 366(1) A $99.62 109,892 D
common stock 02/01/2026 F 164 D $99.62 109,728(2) D
common stock 29,687 I By Sengstack Family Foundation(3)
common stock 160,000 I By Reporting Person's Trust(4)
common stock 115,000 I By Spouse's Trust(5)
common stock 56,900 I By Spouse's Special Trust #1(6)
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 restricted stock awards.
2. Includes 5,128 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, and 82,095 shares owned outright.
3. Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.
4. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
5. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
6. Represents shares held of record by the Dianne Sengstack 2025 Special Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and dispositive power.
Remarks:
Jonathan M. Grandon, power of attorney for Gregg C. Sengstack 02/03/2026
** 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.

FAQ

What insider transaction did Franklin Electric (FELE) report for Gregg C. Sengstack?

Gregg C. Sengstack reported acquiring 366 shares of Franklin Electric common stock on February 1, 2026 at $99.62 per share. A separate code F transaction the same day disposed of 164 shares at $99.62, updating his reported ownership balances.

How many Franklin Electric (FELE) shares does Gregg C. Sengstack own directly after this Form 4?

After the reported February 1, 2026 transactions, Gregg C. Sengstack directly holds 109,728 shares of Franklin Electric common stock. This figure reflects both the 366-share acquisition and the 164-share disposition reported in the filing’s non-derivative securities table.

What are the indirect Franklin Electric (FELE) holdings linked to Gregg C. Sengstack?

Indirect holdings include 29,687 shares via the Sengstack Family Foundation, 160,000 shares via the reporting person’s trust, 115,000 shares via the spouse’s trust, and 56,900 shares via the spouse’s special trust, each with specific trustee and voting-power details described in the footnotes.

What does the restricted stock footnote mean in the Franklin Electric (FELE) Form 4?

One footnote states the transaction reflects a vest of restricted stock awards. Another explains his direct holdings include 5,128 restricted shares vesting monthly through April 1, 2027 and restricted stock units vesting in 2026 and 2027, plus 82,095 shares owned outright.

What role does Gregg C. Sengstack hold at Franklin Electric (FELE)?

Gregg C. Sengstack is identified as a director of Franklin Electric. The Form 4 indicates the filing is by one reporting person and checks the “Director” box, while the officer and 10% owner boxes are not marked for this insider transaction report.

How much voting power does Gregg C. Sengstack have over trust and foundation FELE shares?

The filing states he has sole voting and dispositive power over Sengstack Family Foundation shares and certain spouse-related trusts. For the Gregg Sengstack 2020 Dynasty Trust, his spouse is trustee and he does not have sole voting and investment power, indicating differing control levels.
Franklin Elec Inc

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