Franklin Electric (FELE) director reports new stock awards
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
SENGSTACK GREGG C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 366 | $99.62 | $36K |
| Tax Withholding | common stock | 164 | $99.62 | $16K |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
Holdings After Transaction:
common stock — 109,892 shares (Direct);
common stock — 29,687 shares (Indirect, By Sengstack Family Foundation)
Footnotes (1)
- Vest of restricted stock awards. 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. 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. 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. 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. 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.
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.
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.