FELE director Peterson now holds 39,453.46 deferred stock units
Rhea-AI Filing Summary
Franklin Electric Co., Inc. (FELE) director deferred stock compensation update. Director Renee J. Peterson reported a new credit of 114.46 stock units under the company’s Nonemployee Directors' Deferred Compensation Plan on 11/20/2025. These stock units represent dividends that would have been paid on previously deferred Franklin Electric common shares.
Following this transaction, Ms. Peterson beneficially owned 39,453.46 derivative stock units on a direct basis. Under the plan, she has elected to defer receipt of her 2015–2024 stock awards, meeting fees, and retainer, with distribution to occur when she retires, leaves the Board, or otherwise elects distribution in line with plan terms. At that time, she may choose to receive her deferred compensation in Franklin Electric common stock or in cash.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | stock units | 114.46 | $91.08 | $10K |
Footnotes (1)
- F1. Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Peterson elected to receive her 2015-2024 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On November 20, 2025, Ms. Peterson was credited with 114.46 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.
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