STOCK TITAN

Franklin Electric (FELE) awards CAO 3,168 shares at $94.71

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Grandon Jonathan M. reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric Chief Administrative Officer Jonathan M. Grandon received an equity award of 3,168 shares of common stock on February 19, 2026, valued at $94.71 per share for reporting purposes. The award vests in three equal annual installments beginning on the first anniversary of February 19, 2026.

After this grant, Grandon holds 10,712 shares, including 3,168 restricted shares with this new vesting schedule, 1,698 restricted shares that vest on February 20, 2028, 1,715 restricted shares that vest on February 22, 2027, and 4,131 shares owned outright.

Positive

  • None.

Negative

  • None.
Insider Grandon Jonathan M.
Role Chief Administrative Officer
Type Security Shares Price Value
Grant/Award common stock 3,168 $94.71 $300K
Holdings After Transaction: common stock — 10,712 shares (Direct)
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 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 4,131 shares owned outright.
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*
Grandon Jonathan M.

(Last) (First) (Middle)
FRANKLIN ELECTRIC CO., INC.
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)
Chief Administrative Officer
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 3,168(1) A $94.71 10,712(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 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 4,131 shares owned outright.
Remarks:
Jonathan M. Grandon 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 did Franklin Electric (FELE) report in this Form 4 for Jonathan M. Grandon?

Franklin Electric reported that Chief Administrative Officer Jonathan M. Grandon received a grant of 3,168 shares of common stock on February 19, 2026 at a reported price of $94.71 per share, increasing his total direct holdings to 10,712 shares.

Is the 3,168-share award to Franklin Electric’s CAO immediately vested?

No, the 3,168-share award is not immediately vested. It vests in three equal installments of one-third each year, starting on the first anniversary of February 19, 2026, meaning the shares become fully vested over a three-year period.

How many Franklin Electric (FELE) shares does Jonathan M. Grandon own after this transaction?

After the grant, Jonathan M. Grandon holds 10,712 Franklin Electric shares. This includes 3,168 new restricted shares, other restricted tranches vesting in 2027 and 2028, and 4,131 shares already owned outright according to the Form 4 footnote disclosure.

What types of Franklin Electric shares make up Jonathan M. Grandon’s holdings?

His holdings include 3,168 newly granted restricted shares vesting over three years, 1,698 restricted shares vesting on February 20, 2028, 1,715 restricted shares vesting on February 22, 2027, and 4,131 common shares owned outright, all held directly as reported.

Does this Franklin Electric Form 4 show a stock purchase or a stock grant?

The Form 4 shows a stock grant, not an open-market purchase. The transaction code is “A,” described as a grant, award, or other acquisition, reflecting 3,168 shares of Franklin Electric common stock awarded to Chief Administrative Officer Jonathan M. Grandon.

How is the vesting schedule structured for the new Franklin Electric restricted shares?

The 3,168 new restricted shares vest in three equal installments. One-third vests on the first anniversary of February 19, 2026, with additional one-third portions vesting on each of the following two anniversaries, subject to the award’s continued-vesting conditions.