Key facts
- This page summarizes Gregg C. Sengstack's Form 4 filing for FRANKLIN ELECTRIC CO INC (FELE).
- 4 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Feb 2023, 16:08.
Gregg C. Sengstack - 16 Feb 2023 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)
- Reporting relationship
- Chairperson and CEO
- Issuer ticker
- FELE
- Reported as of
- 16 Feb 2023
- Net transaction value
- +$3,777,525
- SEC form
- 4
- Accepted by SEC
- 21 Feb 2023, 16:08:52 UTC
- Prior SEC filing
- 05 Oct 2022
- Next SEC filing
- 03 Mar 2023
- Source filing
- View source filing
- Reporting owner signature
- Gregg C. Sengstack
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Gregg C. Sengstack filed Form 4 for FRANKLIN ELECTRIC CO INC (FELE) on 21 Feb 2023.
Change
- Previous filing in this sequence was filed on 05 Oct 2022.
- Current net transaction value: +$3,777,525.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FELE
transaction
common stock
Award
- Transaction value
- $0
- Shares
- +11,069
- Change %
- +6.7%
- Price
- $0.000000
- Shares after
- 175,066
- Date
- 16 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
FELE
transaction
common stock
Award
- Transaction value
- $1,598,312
- Shares
- +16,580
- Change %
- +10%
- Price
- $96.40
- Shares after
- 175,066
- Date
- 20 Feb 2023
- Ownership
- Direct
- Footnotes
- F2
FELE
transaction
common stock
Tax liability
- Transaction value
- $706,998
- Shares
- -7,334
- Change %
- -4.2%
- Price
- $96.40
- Shares after
- 167,732
- Date
- 20 Feb 2023
- Ownership
- Direct
- Footnotes
- F3
FELE
holding
common stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 160,000
- Date
- 16 Feb 2023
- Ownership
- By Reporting Person's Trust
- Footnotes
- F4
FELE
holding
common stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 115,000
- Date
- 16 Feb 2023
- Ownership
- By Spouse's Trust
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FELE
transaction
Derivative
option
Award
- Transaction value
- $2,886,210
- Shares
- +30,426
- Change %
- Price
- $94.86
- Shares after
- 30,426
- Date
- 16 Feb 2023
- Ownership
- Direct
- Underlying class
- common stock
- Underlying amount
- 30,426
- Exercise price
- $94.86
- Footnotes
- F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Restricted stock units vest 3 years after the 2/16/2023 grant date.
Footnote F2
Vest of restricted stock units.
Footnote F3
Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, 13,946 restricted stock units that vest on 2/18/2024, and 128,414 owned outright.
Footnote F4
Represents shares held of record by the Gregg Sengstack 2020 Dynasty Trust, for which the reporting person's spouse is the trustee and over which the reporting person does not have sole voting and investment power.
Footnote F5
Represents shares held of record by the Dianne Sengstack 2020 Dynasty Trust, for which the reporting person is the trustee and over which the reporting person has sole voting and investment power.
Footnote F6
The options become exercisable in three equal installments of 1/3 each year, beginning on the first anniversary of 2/16/2023.