Franklin Electric (FELE) awards CAO 3,168 shares at $94.71
Filing Impact
Filing Sentiment
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 Trade Summary
1 transaction reported
Mixed
1 txn
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)
- 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.
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.
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.