Franklin Electric (FELE) CFO gets 6,440-share award, with 2,827 shares for taxes
Rhea-AI Filing Summary
Franklin Electric Vice President and CFO Jennifer Ann Wolfenbarger reported compensation-related stock activity involving the company’s common stock. On July 7, 2026, she received a grant or award of 6,440 shares of common stock at a reported value of $102.77 per share.
On the same date, 2,827 shares were disposed of as a tax-withholding transaction, where shares are delivered to cover tax liabilities rather than sold in the open market. After these transactions, she directly held 16,355 shares of common stock.
Her direct holdings include 4,646 restricted shares that vest in three equal installments beginning on February 19, 2026, 5,269 restricted shares that vest on July 7, 2027, and 3,613 shares owned outright. These transactions reflect equity-based compensation and related tax settlement rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 6,440 | $102.77 | $662K |
| Tax Withholding | common stock | 2,827 | $102.77 | $291K |
Footnotes (1)
- Vest of restricted stock awards. Includes 4,646 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 5,269 restricted shares that vest on 7/7/2027, and 3,613 shares owned outright.