Gregg C. Sengstack - Feb 18, 2024 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Chairperson and CEO
Signature: Gregg C Sengstack
Stock symbol: FELE
Transactions as of: Feb 18, 2024
Transactions value $: $780,379
Form type: 4
Date filed: 2/20/2024, 03:27 PM
Previous filing: Dec 7, 2023
Next filing: Feb 26, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FELE	common stock	Award	$1.4M	+13.9K	+9.54%	$100.28	160K	Feb 18, 2024	Direct	F1
transaction	FELE	common stock	Tax liability	-$618K	-6.16K	-3.85%	$100.28	154K	Feb 18, 2024	Direct	F2
holding	FELE	common stock						160K	Feb 18, 2024	By Reporting Person's Trust	F3
holding	FELE	common stock						115K	Feb 18, 2024	By Spouse's Trust	F4
holding	FELE	common stock						10.5K	Feb 18, 2024	By Sengstack Family Foundation	F5

Showing 1 to 5 of 5 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Vest of restricted stock units.
F2	Includes 11,069 restricted stock units that vest on 2/16/2026, 14,303 restricted stock units that vest on 2/24/2025, and 128,551 shares owned outright.
F3	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.
F4	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.
F5	Represents shares held of record by the Sengstack Family Foundation, for which the reporting person is the president and over which the reporting person has sole voting and dispositive power.