STOCK TITAN

Franklin Electric (FELE) CAO exercises options and sells 8,547 common shares

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

Rhea-AI Filing Summary

Franklin Electric Co. Inc.’s Chief Administrative Officer Jonathan M. Grandon reported an exercise-and-sell transaction in company stock. On June 9, 2026, he exercised options to acquire 8,547 shares of common stock at $42.20 per share and sold 8,547 common shares in an open-market sale at an average price of $103.403 per share. Following these transactions, he directly holds 7,509 common shares, including 3,168 restricted shares that vest in three equal installments beginning on February 19, 2026, 1,698 restricted shares vesting on February 20, 2028, 1,715 restricted shares vesting on February 22, 2027, and 928 shares owned outright.

Positive

  • None.

Negative

  • None.
Insider Grandon Jonathan M.
Role Chief Administrative Officer
Sold 8,547 shs ($884K)
Type Security Shares Price Value
Exercise option 8,547 $42.20 $361K
Exercise common stock 8,547 $42.20 $361K
Sale common stock 8,547 $103.403 $884K
Holdings After Transaction: option — 0 shares (Direct, null); common stock — 16,056 shares (Direct, null)
Footnotes (1)
  1. Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 928 shares owned outright. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of 2/23/2017.
Shares sold 8,547 shares Common stock sold in open-market transaction on June 9, 2026
Sale price $103.403 per share Average price for 8,547 common shares sold
Options exercised 8,547 shares Common shares acquired via option exercise on June 9, 2026
Exercise price $42.20 per share Exercise price of options converted into common stock
Shares held after 7,509 shares Total common shares directly owned following the transactions
Restricted shares (3,168) 3,168 shares Restricted stock vesting in three equal installments from February 19, 2026
Restricted shares (1,698) 1,698 shares Restricted stock vesting on February 20, 2028
Restricted shares (1,715) 1,715 shares Restricted stock vesting on February 22, 2027
open-market sale financial
"sold 8,547 common shares in an open-market sale at an average price"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
restricted shares financial
"Includes 3,168 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.
exercise price financial
"exercised options to acquire 8,547 shares of common stock at $42.20 per share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
net-sell financial
"transactionSummary includes "netBuySellDirection": "net-sell""
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Learn about SEC filing dates
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*
Grandon Jonathan M.

(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)
Chief Administrative Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
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 stock06/09/2026M8,547A$42.216,056D
common stock06/09/2026S8,547D$103.4037,509(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
option$42.206/09/2026M8,547 (2)02/23/2027common stock8,547$42.20D
Explanation of Responses:
1. Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 928 shares owned outright.
2. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of 2/23/2017.
Remarks:
Jonathan M. Grandon06/10/2026
** 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 for Jonathan M. Grandon?

Franklin Electric reported that Chief Administrative Officer Jonathan M. Grandon exercised options for 8,547 common shares and sold 8,547 common shares in an open-market sale on June 9, 2026, as disclosed in a Form 4 insider filing.

At what prices did Jonathan M. Grandon exercise options and sell Franklin Electric (FELE) shares?

Jonathan M. Grandon exercised stock options at an exercise price of $42.20 per share and sold 8,547 Franklin Electric common shares at an average price of $103.403 per share, according to the Form 4 filing’s reported transaction details.

How many Franklin Electric (FELE) shares does Jonathan M. Grandon hold after the reported Form 4 transactions?

After the reported exercise and sale, Jonathan M. Grandon directly holds 7,509 Franklin Electric common shares, including restricted shares scheduled to vest over several future dates and 928 shares that are already owned outright.

What restricted stock awards does Jonathan M. Grandon have from Franklin Electric (FELE)?

Jonathan M. Grandon holds 3,168 restricted shares vesting in three equal installments starting February 19, 2026, 1,698 restricted shares vesting February 20, 2028, and 1,715 restricted shares vesting February 22, 2027, in addition to his already-owned common shares.

What happened to Jonathan M. Grandon’s Franklin Electric (FELE) stock options in this Form 4?

The filing shows options on 8,547 underlying Franklin Electric shares, exercisable at $42.20 and expiring February 23, 2027, were fully exercised, leaving zero options remaining from that specific grant after the June 9, 2026 transaction.