GREGG C. SENGSTACK - 24 Feb 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Signature
Gregg C Sengstack
Issuer symbol
FELE
Transactions as of
24 Feb 2025
Transactions value $
$899,617
Form type
4
Filing time
26 Feb 2025, 14:12:44 UTC
Previous filing
21 Feb 2025
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FELE common stock Award $1.48M +14.3K +12.68% $103.81 127K 24 Feb 2025 Direct F1
transaction FELE common stock Tax liability -$585K -5.64K -4.44% $103.81 121K 24 Feb 2025 Direct F2
holding FELE common stock 160K 24 Feb 2025 By Reporting Person's Trust F3
holding FELE common stock 115K 24 Feb 2025 By Spouse's Trust F4
holding FELE common stock 9.03K 24 Feb 2025 By Sengstack Family Foundation F5
holding FELE common stock 56.9K 24 Feb 2025 By Spouse
* 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 11,436 restricted stock units that vest on 2/22/2027, 11,069 restricted stock units that vest on 2/16/2026, and 98,933 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.