Franklin Electric (FELE) CAO sells 4,988 shares in April trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Franklin Electric Chief Administrative Officer Jonathan M. Grandon sold common stock in two open-market transactions. On April 30, 2026, he sold 3,284 shares at $99.715 per share and 1,704 shares at $100.610 per share. The filing shows he continues to hold a mix of restricted and unrestricted shares, including restricted shares scheduled to vest in installments beginning February 19, 2026, February 22, 2027, and February 20, 2028, plus shares owned outright.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,988 shares ($498,904)
Net Sell
2 txns
Insider
Grandon Jonathan M.
Role
Chief Administrative Officer
Sold
4,988 shs ($499K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common stock | 1,704 | $100.61 | $171K |
| Sale | common stock | 3,284 | $99.715 | $327K |
Holdings After Transaction:
common stock — 10,793 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
First sale: 3,284 shares at $99.715
Second sale: 1,704 shares at $100.610
Total shares sold: 4,988 shares
+4 more
7 metrics
First sale
3,284 shares at $99.715
Open-market sale of common stock on April 30, 2026
Second sale
1,704 shares at $100.610
Open-market sale of common stock on April 30, 2026
Total shares sold
4,988 shares
Combined April 30, 2026 open-market sales
Restricted shares vesting from 2026
3,168 shares
Vest in three equal annual installments starting February 19, 2026
Restricted shares vesting 2027
1,715 shares
Vest on February 22, 2027
Restricted shares vesting 2028
1,698 shares
Vest on February 20, 2028
Unrestricted holdings
928 shares
Shares owned outright as disclosed in the footnote
Key Terms
open-market sale, restricted shares, vest, common stock, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
vest financial
"restricted shares that vest in equal installments of 1/3 each year"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"security_title: "common stock" for both reported transactions"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" financial
"transaction_code: "S" indicating sale in open market or private transaction"
FAQ
What insider transaction did Franklin Electric (FELE) report for Jonathan M. Grandon?
Franklin Electric reported that Chief Administrative Officer Jonathan M. Grandon sold common stock in two open-market transactions. He sold 3,284 shares at $99.715 per share and 1,704 shares at $100.610 per share, all on April 30, 2026.
What type of transactions were reported in the Franklin Electric (FELE) Form 4 for Jonathan M. Grandon?
The Form 4 reports two non-derivative open-market sales of Franklin Electric common stock by Jonathan M. Grandon. Both transactions used transaction code “S,” indicating sales in the open market or private transactions, rather than option exercises, gifts, or tax-withholding events.
What restricted stock awards for Franklin Electric (FELE) does Jonathan M. Grandon hold?
Jonathan M. Grandon holds several restricted stock awards in Franklin Electric. These include 3,168 restricted shares vesting one-third each year starting February 19, 2026, 1,715 restricted shares vesting on February 22, 2027, and 1,698 restricted shares vesting on February 20, 2028, plus 928 unrestricted shares.