FRANKLIN ELECTRIC CO INC 8-K

What Happened
Franklin Electric Co., Inc. (FELE) filed an 8-K on May 11, 2026 reporting the results of its annual shareholders meeting held May 8, 2026. Of 44,165,235 shares entitled to vote, 41,159,908 shares (93.19%) were represented. Shareholders elected two directors, ratified Deloitte & Touche LLP as the company's independent registered public accounting firm for fiscal 2026, and approved advisory votes on executive compensation and the frequency of future advisory votes.

Key Details

• Meeting date: May 8, 2026; 41,159,908 shares represented (93.19% of 44,165,235 eligible).
• Directors elected for terms expiring at the 2029 annual meeting:
  • Victor D. Grizzle — For: 34,681,750; Against: 3,548,987; Abstentions: 1,322,488; Broker non-votes: 1,606,683.
  • Alok Maskara — For: 36,788,630; Against: 2,738,831; Abstentions: 25,764; Broker non-votes: 1,606,683.
• Auditor ratification: Deloitte & Touche LLP approved — For: 37,632,083; Against: 3,432,327; Abstentions: 95,498.
• Advisory votes: Executive compensation approved (non-binding) — For: 37,480,520; Against: 1,927,347; Abstentions: 145,358; Broker non-votes: 1,606,683. Frequency vote results — 1 year: 36,105,057; 2 year: 2,370,020; 3 year: 965,687; Abstentions: 112,461; Broker non-votes: 1,606,683.
• Report signed by Jennifer A. Wolfenbarger, Vice President & CFO.

Why It Matters
These voting outcomes finalize the company’s board composition and confirm its independent auditor for 2026—both governance items important to shareholders. The advisory (non‑binding) approval of executive compensation and preference for annual advisory votes signal shareholder sentiment on pay and governance frequency. High shareholder participation (93.19%) and the presence of broker non‑votes on certain items are relevant context for interpreting vote margins.