Franklin Electric (FELE) HR chief granted 1,351 restricted shares with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILLIAMS DANIELA MARIA reported acquisition or exercise transactions in this Form 4 filing.
Franklin Electric Co. Inc. VP and Chief HR Officer Daniela Maria Williams received a grant of 1,351 shares of common stock as an equity award. The award is priced at $94.71 per share and vests in three equal annual installments starting on the first anniversary of 2/19/2026.
After this grant, Williams directly holds 4,544 shares of common stock, including multiple restricted share tranches scheduled to vest on 7/7/2026, 7/7/2027, and 7/7/2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILLIAMS DANIELA MARIA
Role
VP AND CHIEF HR OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | common stock | 1,351 | $94.71 | $128K |
Holdings After Transaction:
common stock — 4,544 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 1,351 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,064 restricted shares that vest on 7/7/2026, 1,064 restricted shares that vest on 7/7/2027 and 1,065 restricted shares that vest on 7/7/2028.
FAQ
What insider transaction did FELE executive Daniela Maria Williams report?
Daniela Maria Williams reported an acquisition of 1,351 Franklin Electric common shares as an equity award. The grant is coded as a "Grant, award, or other acquisition" and reflects stock-based compensation rather than an open-market purchase or sale.
At what price was the Franklin Electric (FELE) stock award granted?
The 1,351-share award to Daniela Maria Williams was granted at $94.71 per share. This price is used for reporting the value of the equity compensation and does not indicate that she bought shares on the open market.
What is the vesting schedule for the new FELE restricted stock award?
The 1,351-share award vests in three equal annual installments starting on 2/19/2026. Each year, one-third of the restricted shares becomes fully vested, aligning the executive’s compensation with longer-term company performance and retention.