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Franklin Electric Insider Sale: 10,036 FELE Shares Disposed on 08/13/2025

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Jonathan M. Grandon, a reporting person at Franklin Electric Co., Inc. (FELE) disclosed a sale of company common stock on 08/13/2025. The Form 4 shows a sale (Code S) of 10,036 shares at a price of $98.0339 per share, leaving 8,171 shares beneficially owned after the transaction. The filing breaks down the remaining holdings as 1,698 restricted shares vesting 02/20/2028, 1,715 restricted shares vesting 02/22/2027, 1,555 restricted shares vesting 02/16/2026, and 3,203 shares owned outright. The Form 4 is signed by Jonathan M. Grandon on 08/15/2025.

Positive

  • Form 4 filed with full transaction details, including price, quantity, and post-transaction holdings
  • Remaining ownership includes restricted shares with explicit vesting dates (2026, 2027, 2028), indicating continued equity retention

Negative

  • Insider sale of 10,036 shares reported, which reduces the reporting person's direct ownership
  • Post-transaction beneficial ownership is 8,171 shares, a materially smaller disclosed holding than pre-sale

Insights

TL;DR: Insider sale of 10,036 FELE shares at $98.0339 reduces beneficial ownership to 8,171 shares.

The sale reported on Form 4 is a straightforward disposition by a named officer. The transaction size and price are explicitly stated; no derivative transactions or additional cashless exercises are reported. The remaining position is primarily restricted stock with staggered vesting through 2028, indicating continued planned retention of some equity. From a market-impact perspective, this single disclosed sale is factual and does not, by itself, convey company performance or regulatory concerns.

TL;DR: Officer disclosure is compliant; sale reduces direct holdings but restricted shares remain subject to multi-year vesting.

The Form 4 provides required Section 16 reporting details: reporting person identity, relationship (officer), transaction date, code, quantity, price, and post-transaction beneficial ownership with vesting schedule. The filing appears complete and signed, showing adherence to reporting obligations. The staggered vesting of restricted shares suggests ongoing alignment with long-term compensation arrangements, while the sale indicates partial liquidity by the reporting officer.

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*
Grandon Jonathan M.

(Last) (First) (Middle)
FRANKLIN ELECTRIC CO., INC.
9255 COVERDALE ROAD

(Street)
FORT WAYNE IN 46809

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Administrative Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025
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
common stock 08/13/2025 S 10,036 D $98.0339 8,171(1) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Includes 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, 1,555 restricted shares that vest on 2/16/2026, and 3,203 shares owned outright.
Remarks:
Jonathan M. Grandon 08/15/2025
** 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 FELE reporting person Jonathan M. Grandon disclose?

He disclosed a sale of 10,036 common shares on 08/13/2025 reported on Form 4.

At what price were the FELE shares sold on the Form 4?

The shares were sold at a price of $98.0339 per share.

How many FELE shares does Jonathan M. Grandon beneficially own after the reported transaction?

He beneficially owns 8,171 shares following the sale.

Does the Form 4 list any restricted shares and vesting dates for FELE holdings?

Yes. The Form 4 lists 1,555 shares vesting 02/16/2026, 1,715 shares vesting 02/22/2027, and 1,698 shares vesting 02/20/2028, plus 3,203 shares owned outright.

When was the Form 4 signed by the reporting person?

The Form 4 is signed by Jonathan M. Grandon on 08/15/2025.
Franklin Elec Inc

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4.42B
38.19M
14.22%
87.54%
1.44%
Specialty Industrial Machinery
Motors & Generators
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United States
FORT WAYNE