STOCK TITAN

Franklin Electric (FELE) executive sells 1,900 shares at $100 each

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

Rhea-AI Filing Summary

Franklin Electric Co. Inc. executive Delancey W. Davis, President of Headwater Companies, reported an open-market sale of 1,900 shares of common stock at $100.00 per share on May 26, 2026. After this transaction, he directly holds 10,402 shares.

The reported holdings include 2,661 restricted shares that vest in three equal annual installments beginning on February 19, 2026, 1,439 restricted stock units that vest on February 20, 2028, 1,499 restricted stock units that vest on February 22, 2027, and 4,803 shares owned outright.

Positive

  • None.

Negative

  • None.
Insider davis delancey w
Role President, Headwater Companies
Sold 1,900 shs ($190K)
Type Security Shares Price Value
Sale common stock 1,900 $100.00 $190K
Holdings After Transaction: common stock — 10,402 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,900 shares Open-market sale of common stock on May 26, 2026
Sale price $100.00 per share Price for 1,900 common shares sold
Shares held after sale 10,402 shares Direct ownership following the reported transaction
Restricted shares 2,661 shares Vest in three equal annual installments beginning February 19, 2026
RSUs vesting 2028 1,439 units Restricted stock units vesting on February 20, 2028
RSUs vesting 2027 1,499 units Restricted stock units vesting on February 22, 2027
Outright owned shares 4,803 shares Shares owned outright as described in footnote
restricted shares financial
"Includes 2,661 restricted shares that vest in equal installments of 1/3 each year"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
restricted stock units financial
"1,439 restricted stock units that vest on 2/20/2028, 1,499 restricted stock units that vest on 2/22/2027"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: "open-market sale" for the 1,900 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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 INDIANA 46809

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FRANKLIN ELECTRIC CO INC [ FELE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Headwater Companies
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
common stock05/26/2026S1,900D$10010,402(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 4,803 shares owned outright.
Remarks:
Delancey W. Davis05/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Franklin Electric (FELE) report in this Form 4?

Franklin Electric reported that executive Delancey W. Davis completed an open-market sale of 1,900 shares of common stock at $100.00 per share on May 26, 2026, as disclosed in the Form 4 insider trading filing.

Who is the Franklin Electric (FELE) insider involved in this sale?

The insider is Delancey W. Davis, who serves as President of Headwater Companies at Franklin Electric. He reported a direct, open-market sale of 1,900 common shares, according to the Form 4 filing’s transaction details.

How many Franklin Electric (FELE) shares does the insider hold after the transaction?

After selling 1,900 shares, Delancey W. Davis directly holds 10,402 Franklin Electric common shares. This total includes restricted shares, restricted stock units scheduled to vest on future dates, and 4,803 shares owned outright.

What vesting schedule applies to the insider’s Franklin Electric (FELE) restricted shares?

The Form 4 states that 2,661 restricted shares vest in three equal annual installments, beginning on the first anniversary of February 19, 2026, giving a staged release of these shares over three years from that date.

What future vesting dates are disclosed for Franklin Electric (FELE) restricted stock units?

The filing notes 1,439 restricted stock units vesting on February 20, 2028, and 1,499 restricted stock units vesting on February 22, 2027. These future vesting dates indicate when those units convert into Franklin Electric common shares.

Was the Franklin Electric (FELE) insider sale classified as an open-market transaction?

Yes. The transaction code is “S” with a description stating it is a sale in an open market or private transaction, and the normalized action field characterizes it specifically as an open-market sale of Franklin Electric common stock.