Franklin Elec Inc SEC Filings

Franklin Electric (FELE): Director Gregg C. Sengstack reported a non‑sale transfer of 56,900 shares on 11/05/2025, moved from his spouse to his spouse’s special trust. The filing states no funds were exchanged and no sale occurred.

Following the transaction, direct beneficial ownership is 129,990 shares, including 6,226 restricted shares vesting monthly through April 1, 2027, 11,436 RSUs vesting on 02/22/2027, 11,069 RSUs vesting on 02/16/2026, and 101,259 shares owned outright. Indirect holdings include 56,900 by the spouse’s special trust, 160,000 by the reporting person’s trust, 115,000 by the spouse’s trust, and 9,032 by the Sengstack Family Foundation.

Franklin Electric (FELE) director Gregg C. Sengstack reported routine insider activity. On 11/01/2025, he acquired 366 shares of common stock via a vest of restricted stock at $94.77 (code A) and disposed of 145 shares at $94.77 (code F). Following these transactions, he directly owns 129,990 shares.

Indirect holdings are disclosed as 160,000 shares by the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares by the Dianne Sengstack 2020 Dynasty Trust, 56,900 shares by spouse, and 9,032 shares by the Sengstack Family Foundation.

The filing notes that direct holdings include 6,226 restricted shares vesting monthly through April 1, 2027, 11,436 RSUs vesting on 2/22/2027, 11,069 RSUs vesting on 2/16/2026, and 101,259 shares owned outright.

Franklin Electric (FELE) reported higher sales but lower GAAP earnings due to a pension settlement. Q3 net sales were $581.7 million, up 9% on stronger volumes, pricing, and contributions from 2025 acquisitions. Operating income rose 16% to $85.1 million. A non‑cash pension settlement loss of $55.3 million reduced net income to $17.2 million and diluted EPS to $0.37.

Year to date, net sales reached $1.6 billion, up 6%, with net income of $109.1 million. Segment trends were broadly positive: Water Systems rose to $336.6 million in Q3 on acquisitions and demand; Energy Systems reached $80.0 million; Distribution increased to $197.3 million with margin improvement from prior cost actions.

The company issued $50.0 million and $75.0 million of 5.01% senior notes due 2032, using proceeds to repay variable‑rate debt. As of September 30, 2025, borrowings under the Credit Agreement were $66.3 million with $277.3 million of capacity available. Cash was $102.9 million, reflecting share repurchases and acquisitions. Shares outstanding were 44,510,381 as of October 24, 2025.

Franklin Electric Co., Inc. furnished quarterly presentation materials for its Q3 2025 earnings call under Item 7.01 (Regulation FD). The slides were posted to the company’s website and are provided as Exhibit 99.1, with the cover page XBRL tags included. The materials are expressly stated as furnished, not filed, and are incorporated by reference.

Franklin Electric Co., Inc. furnished a current report announcing third‑quarter 2025 results. The company issued a press release on October 28, 2025, which is attached as Exhibit 99.1 and incorporated by reference pursuant to Item 2.02. Additional exhibits include the cover page Inline XBRL tags (Exhibit 101) and the Inline XBRL cover page (Exhibit 104). The company’s common stock trades on the NASDAQ Global Select Market under the symbol FELE.

Victor Grizzle, a director of Franklin Electric Co., Inc. (FELE), reported transactions under Section 16 on 10/03/2025 showing the receipt of 2,474.53 common shares and the disposition of 0.53 fractional share settled in cash, leaving him with 12,084.53 shares beneficially owned (reported as 12,084 shares owned outright plus fractional units). The shares were issued under the Nonemployee Directors' Deferred Compensation Plan for his 2023 director retainer, fees and stock award; dividend reinvestment on those deferred shares was also included. The transactions were reported by power of attorney on 10/06/2025 and show an implicit per-share price of $96.32 for reporting purposes.

Gregg C. Sengstack, a director of Franklin Electric Co., reported transactions on Form 4 showing restricted stock vesting and minor open-market activity. On 10/01/2025 he had 366 vested restricted shares acquired at $95.28 and a disposition of 145 shares at $95.28, leaving 130,280 shares beneficially owned directly after the reported transactions. The filing discloses substantial indirect holdings: 160,000 shares held in the Gregg Sengstack 2020 Dynasty Trust (spouse is trustee), 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust (he is trustee), and 9,032 shares via the Sengstack Family Foundation, plus other restricted stock units that vest through 2027.

Franklin Electric disclosed that it issued unsecured notes and intends to use the proceeds to refinance existing indebtedness and to finance working capital. The notes were not registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption. The filing summarizes the material terms of the notes and incorporates the full note agreements filed as Exhibits 10.1 and 10.2 by reference.

Gregg C. Sengstack, a director of Franklin Electric Co., reported changes in his beneficial ownership on Form 4 dated 09/01/2025. The filing shows a vesting of restricted stock and two non-derivative transactions at a reported price of $97.86 per share on 09/01/2025: an acquisition of 366 shares and a disposition of 145 shares.

The filing reports two post-transaction beneficial ownership figures of 130,425 and 130,280 shares and lists indirect holdings including 160,000 shares in the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares in the Dianne Sengstack 2020 Dynasty Trust, 9,032 shares held by the Sengstack Family Foundation, and 56,900 shares held indirectly by the spouse. Explanations state which trusts the reporting person controls or does not control and that some restricted shares vest over specified schedules.