STOCK TITAN

FELE Form 4: Director Sengstack credited 4.8 stock units at $91.08

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

Rhea-AI Filing Summary

Franklin Electric (FELE) director Gregg C. Sengstack reported a routine equity compensation adjustment on a Form 4. On November 20, 2025, he was credited with 4.80 stock units linked to Franklin Electric common stock under the company’s Nonemployee Directors' Deferred Compensation Plan, representing dividends that would have been paid on previously deferred shares.

The Form 4 shows these 4.80 derivative stock units were acquired at a reference price of $91.08 per unit, bringing Mr. Sengstack’s total beneficial ownership in this deferred stock unit account to 1,655.6 stock units, held directly. Issuance of the underlying shares is deferred until he retires, leaves the Board, or takes payment as allowed under the plan, at which time he may elect to receive Franklin Electric common stock or cash.

Positive

  • None.

Negative

  • None.
Insider SENGSTACK GREGG C
Role Director
Type Security Shares Price Value
Grant/Award stock units 4.8 $91.08 $437.18
Holdings After Transaction: stock units — 1,655.6 shares (Direct)
Footnotes (1)
  1. [object Object]
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)
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 4.8 (1) (1) common stock 4.8 $91.08 1,655.6 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. Sengstack elected to receive his 2025 stock award 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. Sengstack was credited with 4.80 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Sengstack 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 Gregg C. Sengstack 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 did Franklin Electric (FELE) disclose in this Form 4 filing?

The filing reports that director Gregg C. Sengstack was credited with 4.80 stock units on November 20, 2025 under Franklin Electric’s Nonemployee Directors' Deferred Compensation Plan.

How many Franklin Electric stock units does the reporting person now beneficially own?

After the reported transaction, Mr. Sengstack beneficially owns 1,655.6 stock units tied to Franklin Electric common stock, held in a deferred compensation account.

What is the nature of the derivative securities reported for FELE?

The derivative securities are stock units that track Franklin Electric common stock and were credited as dividend equivalents on deferred director stock awards under the company’s Nonemployee Directors' Deferred Compensation Plan.

At what price were the new Franklin Electric stock units recorded?

The 4.80 stock units were recorded at a reference price of $91.08 per unit as shown in the derivative securities table.