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Franklin Electric (FELE) director granted 1,459 shares for 2026 board service

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Filing Sentiment
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Form Type
4

Rhea-AI Filing Summary

PETERSON RENEE J reported acquisition or exercise transactions in this Form 4 filing.

FRANKLIN ELECTRIC CO INC director Renee J. Peterson received a stock award of 1,459 shares of common stock. The shares vested immediately as payment for her 2026 Board of Director stock award, which she elected to receive in stock rather than cash. Following this grant, she directly owns 5,171 common shares.

Positive

  • None.

Negative

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Insider PETERSON RENEE J
Role null
Type Security Shares Price Value
Grant/Award common stock 1,459 $0.00 --
Holdings After Transaction: common stock — 5,171 shares (Direct, null)
Footnotes (1)
  1. Shares vest immediately as payment for the 2026 Board of Director stock award, which Ms. Peterson elected to receive in common stock. Includes 5,171 shares owned outright.
Stock award shares 1,459 shares Grant of common stock for 2026 Board of Director award
Award price per share $0.0000 per share Reported transaction price for the 1,459-share grant
Shares owned after grant 5,171 shares Total direct common stock holdings following the transaction
Transaction code A Grant, award, or other acquisition of common stock
Transaction date 2026-05-08 Date the 1,459-share stock award was granted and vested
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
common stock financial
"security_title: common stock reported for the 1,459-share award"
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.
Board of Director stock award financial
"Shares vest immediately as payment for the 2026 Board of Director stock award"
vest immediately financial
"Shares vest immediately as payment for the 2026 Board of Director stock award"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
PETERSON RENEE J
(Last)(First)(Middle)
9255 COVERDALE RD
(Street)
FORT WAYNE INDIANA 46809
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
common stock05/08/2026A1,459(1)A$05,171(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares vest immediately as payment for the 2026 Board of Director stock award, which Ms. Peterson elected to receive in common stock.
2. Includes 5,171 shares owned outright.
Remarks:
Jonathan M. Grandon, power of attorney for Renee J. Peterson05/12/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Franklin Electric (FELE) director Renee Peterson report on this Form 4?

Renee J. Peterson reported receiving 1,459 shares of Franklin Electric common stock. The award represents her 2026 Board of Director stock compensation, taken in shares instead of cash, and vested immediately upon grant according to the filing’s footnotes.

How many Franklin Electric (FELE) shares does Renee Peterson hold after this grant?

After the 1,459-share stock award, Renee J. Peterson holds 5,171 Franklin Electric common shares directly. The footnotes clarify that these 5,171 shares are owned outright, reflecting her total reported direct ownership following the transaction.

Was Renee Peterson’s Franklin Electric (FELE) stock award an open-market purchase?

No. The Form 4 classifies the transaction as a grant or award, not an open-market purchase. The 1,459 shares were issued as compensation for her 2026 Board service and vested immediately, with no cash price per share reported in the filing.

What is the transaction code used in Renee Peterson’s Franklin Electric (FELE) Form 4?

The Form 4 uses transaction code “A,” indicating a grant, award, or other acquisition of stock. This code confirms the 1,459 Franklin Electric shares were compensation-related rather than a discretionary market trade by the director.

Did Renee Peterson choose to receive her Franklin Electric (FELE) board compensation in stock?

Yes. A footnote states the shares vest immediately as payment for the 2026 Board of Director stock award, which Ms. Peterson elected to receive in common stock. This indicates she chose stock instead of another compensation form.