Executive at Franklin Electric (FELE) granted 2,661 restricted shares
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.
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.