Director Alok Maskara receives 2,592 Franklin Electric (FELE) shares

Rhea-AI Filing Summary

Maskara Alok reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric Co. Inc. director Alok Maskara received a stock grant as board compensation. He was awarded 2,592 shares of common stock that vest immediately as payment for his 2026 Board of Director retainer, stock award, and committee fees. Following this grant, he directly owns 16,439 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Maskara Alok

Role null

Type	Security	Shares	Price	Value
Grant/Award	common stock	2,592	$0.00	--

Holdings After Transaction: common stock — 16,439 shares (Direct, null)

Footnotes (1)

1. Shares vest immediately as payment for the 2026 Board of Director retainer, stock award and committee chair/member fees. Mr. Maskara elected to receive all payments in common stock. Includes 16,439 shares owned outright.

Key Figures

Shares granted: 2,592 shares Grant price per share: $0.00 per share Total shares after grant: 16,439 shares +2 more

5 metrics

Shares granted 2,592 shares Common stock grant on 2026-05-08 as director compensation

Grant price per share $0.00 per share Stated transaction price for the stock award

Total shares after grant 16,439 shares Direct holdings following the 2,592-share award

Transaction code A Classified as grant, award, or other acquisition

Transaction direction acquire Non-derivative acquisition of common stock

Key Terms

Grant, award, or other acquisition, Board of Director retainer, common stock, vest immediately

4 terms

Grant, award, or other acquisition financial

"transaction code description is "Grant, award, or other acquisition""

Board of Director retainer financial

"payment for the 2026 Board of Director retainer, stock award and fees"

common stock financial

"security_title": "common stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

vest immediately financial

"Shares vest immediately as payment for the 2026 Board of Director retainer"

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^*

Maskara Alok

(Last) (First) (Middle)

9255 COVERDALE RD

(Street)

FORT WAYNE INDIANA 46809

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/08/2026		A		2,592(1)	A	$0	16,439(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. Shares vest immediately as payment for the 2026 Board of Director retainer, stock award and committee chair/member fees. Mr. Maskara elected to receive all payments in common stock.

2. Includes 16,439 shares owned outright.

Remarks:

	Jonathan M. Grandon, power of attorney for Alok Maskara	05/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Franklin Electric (FELE) report for Alok Maskara?

Franklin Electric reported that director Alok Maskara received 2,592 shares of common stock as a grant. The shares were issued as compensation for his 2026 board retainer, stock award, and committee fees, rather than through an open-market purchase.

How many Franklin Electric (FELE) shares did Alok Maskara receive and at what price?

Alok Maskara received 2,592 shares of Franklin Electric common stock at a stated price of $0.00 per share. This reflects a compensation grant, not a market trade, covering his 2026 board retainer, stock award, and committee-related fees in stock form.

Do the granted Franklin Electric (FELE) shares to Alok Maskara vest immediately?

Yes, the 2,592 Franklin Electric shares granted to Alok Maskara vest immediately. The grant serves as payment for his 2026 Board of Director retainer, stock award, and committee chair or member fees, providing him with fully vested stock right away as director compensation.

How many Franklin Electric (FELE) shares does Alok Maskara own after this grant?

After the grant, Alok Maskara owns 16,439 Franklin Electric common shares directly. This total includes the newly granted 2,592 shares, which were issued as fully vested compensation for his 2026 board retainer, stock award, and related committee service fees.

Is Alok Maskara’s Franklin Electric (FELE) transaction a market buy or a compensation grant?

The transaction is a compensation grant, not a market buy. The Form 4 identifies it as a grant or award acquisition, with 2,592 shares issued at $0.00 per share in lieu of cash for his 2026 board retainer and committee-related fees.