Carano Mark A 4
4 · FRANKLIN ELECTRIC CO INC · Filed Aug 22, 2025
Insider Transaction Report
Form 4
Carano Mark A
Director
Transactions
- Award
stock units
2025-08-21$95.76/sh+4.68$448→ 1,694.33 total→ common stock (4.68 underlying)
Footnotes (1)
- [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, Mr. Carano elected to receive his 2025 stock award in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On August 21, 2025, Mr. Carano was credited with 4.68 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Carano may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.