Franklin Electric (FELE) CEO buys stock and gains restricted share grant

Rhea-AI Filing Summary

Franklin Electric CEO Joseph A. Ruzynski increased his direct stake in the company. On 2/19/2026 he made an open-market purchase of 500 shares of common stock at an average price of $93.3399 per share. The same day, he also acquired 17,738 restricted shares as a grant that vests in three equal annual installments beginning on the first anniversary of 2/19/2026, bringing his direct holdings to 40,460 shares.

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

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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^*

Ruzynski Joseph A.

(Last) (First) (Middle)

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)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		P		500	A	$93.3399	22,722	D
common stock	02/19/2026		A		17,738(1)	A	$94.71	40,460(2)	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. The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026.

2. Includes 17,738 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 8,255 restricted shares that vest on 2/20/2028, 13,967 restricted shares that vest on 7/1/2027, and 500 shares owned outright.

Remarks:

	Joseph A. Ruzynski	02/23/2026
	** 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.
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FAQ

What insider transactions did Franklin Electric (FELE) CEO Joseph Ruzynski report?

Franklin Electric CEO Joseph A. Ruzynski reported two transactions on 2/19/2026. He bought 500 common shares in the open market and also received a grant of 17,738 restricted shares that vest over time, increasing his direct ownership in the company.

How many Franklin Electric (FELE) shares did the CEO buy and at what price?

Joseph A. Ruzynski purchased 500 shares of Franklin Electric common stock. The open-market transaction was executed at an average price of $93.3399 per share on 2/19/2026, modestly increasing his directly owned, fully vested share position in the company.

What share award did the Franklin Electric (FELE) CEO receive on 2/19/2026?

On 2/19/2026, the CEO received a grant of 17,738 restricted shares of Franklin Electric common stock. These shares were valued at $94.71 per share for reporting purposes and represent an equity-based award rather than an open-market purchase.

How do the CEO’s restricted Franklin Electric (FELE) shares vest?

The 17,738 restricted shares granted to the CEO vest in three equal installments of one-third each year. Vesting begins on the first anniversary of 2/19/2026, meaning the award becomes fully vested over a three-year period, subject to the stated schedule.

What is Joseph Ruzynski’s total Franklin Electric (FELE) share ownership after these transactions?

After the reported 2/19/2026 transactions, Joseph A. Ruzynski directly owns 40,460 Franklin Electric common shares. This total includes the newly granted 17,738 restricted shares, other previously granted restricted shares described in the footnotes, and 500 shares owned outright.

What does the Form 4 indicate about the nature of the CEO’s Franklin Electric (FELE) transactions?

The Form 4 shows a mixed activity pattern: an open-market purchase coded “P” for 500 shares and an equity grant coded “A” for 17,738 restricted shares. Both transactions are reported as directly owned by the CEO.