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[Form 4] FRANKLIN ELECTRIC CO INC Insider Trading Activity

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

Rhea-AI Filing Summary

Franklin Electric Co., Inc. (FELE) reported an insider equity transaction by director Jennifer L. Sherman on a Form 4. On November 20, 2025, Ms. Sherman was credited with 138.82 stock units under the company’s Nonemployee Directors' Deferred Compensation Plan, representing dividends that would have been paid on previously deferred stock-based compensation. These stock units track the value of Franklin Electric common stock and are payable after she retires, leaves the Board, or otherwise elects distribution under the plan, in either Franklin Electric common shares or cash. Following this transaction, Ms. Sherman beneficially owned 47,849.43 stock units, held as a direct derivative interest.

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*
SHERMAN JENNIFER L

(Last) (First) (Middle)
1333 BUTTERFIELD ROAD
SUITE 500

(Street)
DOWNERS GROVE IL 60515

(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 138.82 (1) (1) common stock 138.82 $91.08 47,849.43 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, Ms. Sherman elected to receive her 2014-2022 stock award, meeting fees, and retainer, 2023-2024 stock award, meeting fees, retainer and lead independent director fees and 2025 stock award, meeting fees, retainer and chairperson fees of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she 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, Ms. Sherman was credited with 138.82 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.
Remarks:
Jonathan M. Grandon, power of attorney for Jennifer L Sherman 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 insider transaction did Franklin Electric (FELE) report for Jennifer L. Sherman?

The company reported that director Jennifer L. Sherman was credited with 138.82 stock units on November 20, 2025 under a deferred compensation plan tied to Franklin Electric common stock.

What plan governs the stock units reported for the Franklin Electric (FELE) director?

The stock units are issued under the Nonemployee Directors' Deferred Compensation Plan, originally approved on February 11, 2000 and amended and restated on May 6, 2020.

How many Franklin Electric (FELE) stock units does Jennifer L. Sherman beneficially own after this Form 4?

After the reported transaction, Jennifer L. Sherman beneficially owned 47,849.43 stock units as a direct derivative position tied to Franklin Electric common stock.

What was the nature of the 138.82 stock units credited to the Franklin Electric (FELE) director?

The 138.82 stock units credited on November 20, 2025 represent dividends that would have been paid on Ms. Sherman’s previously deferred Franklin Electric shares under the plan.

When will the Franklin Electric (FELE) director receive the deferred stock units reported?

Distribution of Ms. Sherman’s deferred compensation occurs when she retires, otherwise leaves the Board, or elects payment per the plan, in Franklin Electric common stock or cash.

What compensation did Jennifer L. Sherman defer under Franklin Electric’s plan?

Ms. Sherman elected to defer her 2014-2025 stock awards, meeting fees, retainers, lead independent director fees, and chairperson fees into Franklin Electric common stock equivalents (stock units).

Franklin Elec Inc

NASDAQ:FELE

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FELE Stock Data

4.14B
38.17M
14.22%
87.54%
1.44%
Specialty Industrial Machinery
Motors & Generators
Link
United States
FORT WAYNE