Franklin Electric CAO exercises options, sells 8,547 shares
Franklin Electric Co. Inc.’s Chief Administrative Officer Jonathan M. Grandon reported an exercise-and-sell transaction in company stock.
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Rhea-AI Filing Summary
Franklin Electric Co. Inc.’s Chief Administrative Officer Jonathan M. Grandon reported an exercise-and-sell transaction in company stock. On June 9, 2026, he exercised options to acquire 8,547 shares of common stock at $42.20 per share and sold 8,547 common shares in an open-market sale at an average price of $103.403 per share. Following these transactions, he directly holds 7,509 common shares, including 3,168 restricted shares that vest in three equal installments beginning on February 19, 2026, 1,698 restricted shares vesting on February 20, 2028, 1,715 restricted shares vesting on February 22, 2027, and 928 shares owned outright.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | option | 8,547 | $42.20 | $361K |
| Exercise | common stock | 8,547 | $42.20 | $361K |
| Sale | common stock | 8,547 | $103.403 | $884K |
Footnotes (2)
- F1. Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 928 shares owned outright.
- F2. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of 2/23/2017.
Key Figures
Key Terms
open-market sale financial
derivative security financial
exercise price financial
net-sell financial
FAQ
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What insider transaction did Franklin Electric (FELE) report for Jonathan M. Grandon?
What restricted stock awards does Jonathan M. Grandon have from Franklin Electric (FELE)?
What happened to Jonathan M. Grandon’s Franklin Electric (FELE) stock options in this Form 4?
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