Franklin Electric (FELE) VP receives 1,542-share restricted stock award

Rhea-AI Filing Summary

Franklin Electric executive Brent L. Spikes, VP of Global Manufacturing Operations, reported an acquisition of 1,542 shares of common stock as a grant or award on February 19, 2026 at $94.71 per share. These are restricted stock units that vest in three equal installments of one-third each year, starting on the first anniversary of February 19, 2026.

After this award, his directly held equity includes 1,542 restricted stock units vesting over three years, 837 restricted stock units vesting on February 20, 2028, 826 restricted stock units vesting on February 22, 2027, and 2,196 shares owned outright. He also reports additional indirect holdings noted as 401(k) shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider SPIKES BRENT L

Role VP, Global Manufacturing Ops

Type	Security	Shares	Price	Value
Grant/Award	common stock	1,542	$94.71	$146K
holding	common stock	--	--	--

Holdings After Transaction: common stock — 5,401 shares (Direct); common stock — 4,377.15 shares (Indirect, 401(k) Shares)

Footnotes (1)

1. The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026. Includes 1,542 restricted stock units that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 837 restricted stock units that vest on 2/20/2028, 826 restricted stock units that vest on 2/22/2027, and 2,196 shares owned outright.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

SPIKES BRENT L

(Last) (First) (Middle)

FRANKLIN ELECTRIC CO., INC.

9255 COVERDALE RD

(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)
	VP, Global Manufacturing Ops

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		A		1,542(1)	A	$94.71	5,401(2)	D
common stock								4,377.15	I	401(k) Shares

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 1,542 restricted stock units that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 837 restricted stock units that vest on 2/20/2028, 826 restricted stock units that vest on 2/22/2027, and 2,196 shares owned outright.

Remarks:

	Brent L. Spikes	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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Franklin Electric (FELE) report for Brent L. Spikes?

Franklin Electric VP Brent L. Spikes reported receiving a grant of 1,542 shares of common stock on February 19, 2026. The award is classified as a grant or other acquisition and is priced at $94.71 per share, according to the Form 4 filing.

How do Brent L. Spikes’ new restricted stock units in FELE vest over time?

The 1,542 restricted stock units vest in three equal installments of one-third each year. Vesting begins on the first anniversary of February 19, 2026, providing a multi-year equity incentive tied to ongoing service and performance with Franklin Electric.

What is Brent L. Spikes’ total direct Franklin Electric equity after this Form 4?

After the grant, his direct holdings reflect 1,542 restricted stock units vesting over three years, 837 restricted stock units vesting on February 20, 2028, 826 restricted stock units vesting on February 22, 2027, and 2,196 shares owned outright, as detailed in the footnotes.

Does Brent L. Spikes have indirect ownership of Franklin Electric (FELE) shares?

Yes. In addition to his direct holdings, the Form 4 lists indirect ownership categorized as 401(k) shares. This indicates some Franklin Electric common stock is held for his benefit within a 401(k) retirement plan structure.

What role does Brent L. Spikes hold at Franklin Electric (FELE) in this Form 4?

Brent L. Spikes is identified as an officer of Franklin Electric, serving as Vice President, Global Manufacturing Operations. The reported grant of restricted stock units aligns his compensation more closely with the company’s long-term equity performance.

Is the February 19, 2026 FELE insider transaction a purchase or an award?

The transaction is reported as a grant or award acquisition, not an open-market purchase. It is coded as a grant-type transaction, where the company awards 1,542 restricted stock units to Brent L. Spikes as part of his compensation.