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