STOCK TITAN

Executive at Franklin Electric (FELE) granted 2,661 restricted shares

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

Rhea-AI Filing Summary

davis delancey w reported acquisition or exercise transactions in this Form 4 filing.

Franklin Electric reported that executive Delancey W. Davis, President of Headwater Companies, received a grant of 2,661 shares of common stock on February 19, 2026 at $94.71 per share. These awards vest in three equal installments starting on the first anniversary of that date.

After this award, Davis directly holds 10,940 common shares, including 2,661 restricted shares, 1,439 restricted stock units vesting on February 20, 2028, 1,499 restricted stock units vesting on February 22, 2027, and 5,341 shares owned outright. He also indirectly holds 128.73 shares through 401(k) holdings.

Positive

  • None.

Negative

  • None.
Insider davis delancey w
Role President, Headwater Companies
Type Security Shares Price Value
Grant/Award common stock 2,661 $94.71 $252K
holding common stock -- -- --
Holdings After Transaction: common stock — 10,940 shares (Direct); common stock — 128.73 shares (Indirect, 401K Shares)
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 2,661 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,439 restricted stock units that vest on 2/20/2028, 1,499 restricted stock units that vest on 2/22/2027, and 5,341 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*
davis delancey w

(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)
President, Headwater Companies
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 2,661(1) A $94.71 10,940(2) D
common stock 128.73 I 401K Shares
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 2,661 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,439 restricted stock units that vest on 2/20/2028, 1,499 restricted stock units that vest on 2/22/2027, and 5,341 shares owned outright.
Remarks:
Delancey W. Davis 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 insider transaction did Franklin Electric (FELE) report for Delancey W. Davis?

Franklin Electric reported that executive Delancey W. Davis received a grant of 2,661 shares of common stock on February 19, 2026. This is classified as an award or other acquisition, not an open-market purchase or sale, and represents routine equity compensation.

At what price was the 2,661-share award to Delancey W. Davis recorded at Franklin Electric (FELE)?

The 2,661-share award to Delancey W. Davis was recorded at a price of $94.71 per share. This value reflects the grant-date price used for the restricted stock award disclosed, rather than a cash transaction in the open market.

How do the 2,661 Franklin Electric (FELE) restricted shares granted to Davis vest?

The 2,661 restricted shares granted to Delancey W. Davis vest in three equal installments of one-third each year. Vesting begins on the first anniversary of February 19, 2026, meaning the award fully vests over a three-year period, subject to continued service conditions.

How many Franklin Electric (FELE) shares does Delancey W. Davis hold after this Form 4 transaction?

After the transaction, Delancey W. Davis directly holds 10,940 Franklin Electric common shares. This total includes restricted shares, restricted stock units scheduled to vest in 2027 and 2028, and 5,341 shares owned outright, plus 128.73 additional shares indirectly through 401(k) holdings.

What indirect Franklin Electric (FELE) holdings does Delancey W. Davis report?

Delancey W. Davis reports indirect ownership of 128.73 Franklin Electric common shares classified as 401(k) shares. This indirect position is separate from his directly held 10,940 shares and reflects retirement-plan holdings rather than individually held brokerage or certificate shares.