Jennifer L. Sherman - 02 May 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role
Director
Signature
Jonathan M. Grandon, power of attorney for Jennifer L Sherman
Issuer symbol
FELE
Transactions as of
02 May 2025
Net transactions value
+$347,000
Form type
4
Filing time
06 May 2025, 13:18:00 UTC
Previous filing
09 Apr 2025
Next filing
27 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SHERMAN JENNIFER L Director 1415 W. 22ND STREET, SUITE 1100, OAK BROOKE Jonathan M. Grandon, power of attorney for Jennifer L Sherman 06 May 2025 0001282554

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FELE stock units Award $347,000 +3,928 +9% $88.35 47,433 02 May 2025 common stock 3,928 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Sherman elected to receive her 2025 Board of Directors retainer, stock award, chairperson fee and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares deferred until January 1, 2029 to be paid in a series of four annual installments. On May 2, 2025, Ms. Sherman was credited with 962.08 Stock Units for the annual retainer, 1,641.20 Stock Units for the annual stock award, 1,188.46 Stock Units for chairperson fees, and 135.82 Stock Units for committee chair/member fees. At distribution, Ms. Sherman may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.