Franklin Electric CAO awarded 3,168 shares
Grandon Jonathan M. reported acquisition or exercise transactions in this Form 4 filing.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 3,168 | $94.71 | $300K |
Footnotes (2)
- F1. The awards vest in three equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026.
- F2. 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.
FAQ
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What did Franklin Electric (FELE) report in this Form 4 for Jonathan M. Grandon?
Does this Franklin Electric Form 4 show a stock purchase or a stock grant?
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