Franklin Electric (FELE) director details option exercise and share sales
Rhea-AI Filing Summary
Franklin Electric director Gregg C. Sengstack reported multiple transactions in the company’s common stock. On 12/10/2025 he transferred 10,655 shares at $0 to the Sengstack Family Foundation, leaving 125,508 shares held directly and 19,687 shares held indirectly by the foundation. On 12/11/2025 he exercised options for 15,000 shares at $29.08, disposed of 8,673 shares at $95.5 under transaction code F, and transferred another 11,000 shares at $0 to the foundation.
Also on 12/11/2025, the Sengstack Family Foundation sold 1,000 shares at $97.3314, and Sengstack sold 10,779 shares at $97.032, ending with 110,056 shares held directly. Those 110,056 shares include 5,860 restricted shares that vest monthly through April 1, 2027, 11,436 restricted stock units vesting on 2/22/2027, 11,069 restricted stock units vesting on 2/16/2026, and 81,691 shares owned outright. Indirect holdings include 29,687 shares through the Sengstack Family Foundation, 160,000 shares through the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares through the Dianne Sengstack 2020 Dynasty Trust, and 56,900 shares through the Dianne Sengstack 2025 Special Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | option | 15,000 | $29.08 | $436K |
| Exercise | common stock | 15,000 | $29.08 | $436K |
| Tax Withholding | common stock | 8,673 | $95.50 | $828K |
| Other | common stock | 11,000 | $0.00 | -- |
| Other | common stock | 11,000 | $0.00 | -- |
| Sale | common stock | 1,000 | $97.3314 | $97K |
| Sale | common stock | 10,779 | $97.032 | $1.05M |
| Other | common stock | 10,655 | $0.00 | -- |
| Other | common stock | 10,655 | $0.00 | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
| holding | common stock | -- | -- | -- |
Footnotes (1)
- 10,655 shares were transferred from the reporting person to the Sengstack Family Foundation. No funds were exchanged and no sale of shares occurred in the transfer. Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power. 11,000 shares were transferred from the reporting person to the Sengstack Family Foundation. No funds were exchanged and no sale of shares occurred in the transfer. Includes 5,860 restricted shares that vest monthly in equal installments through April 1, 2027, 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, and 81,691 shares owned outright. Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power. Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power. Represents shares held of record by the Dianne Sengstack 2025 Special Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and dispositive power. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of the grant date.
FAQ
What insider stock transactions did Franklin Electric (FELE) director Gregg C. Sengstack report?
Sengstack reported transfers of shares to the Sengstack Family Foundation, an option exercise for 15,000 shares at $29.08, share disposals including 8,673 shares at $95.5, and open-market sales such as 10,779 shares at $97.032.
What transfers were made between Gregg C. Sengstack and the Sengstack Family Foundation?
On 12/10/2025, 10,655 shares were transferred at $0 from Sengstack to the Sengstack Family Foundation, and on 12/11/2025 another 11,000 shares were transferred at $0, with no funds exchanged and no sales occurring in these transfers.
What indirect Franklin Electric (FELE) holdings does Gregg C. Sengstack report?
Indirect holdings include 29,687 shares through the Sengstack Family Foundation, 160,000 shares through the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares through the Dianne Sengstack 2020 Dynasty Trust, and 56,900 shares through the Dianne Sengstack 2025 Special Trust.
What happened to Gregg C. Sengstack’s stock options reported in this filing?
An option to acquire 15,000 shares at an exercise price of $29.08 was exercised on 12/11/2025 under transaction code M, leaving 0 derivative securities of that grant beneficially owned afterward.