SENGSTACK GREGG C 4

4 · FRANKLIN ELECTRIC CO INC · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Franklin Electric (FELE) Director Gregg C. Sengstack Receives Award

What Happened

Gregg C. Sengstack, a director of Franklin Electric Co., Inc. (FELE), was credited with 4.89 Stock Units on Feb 19, 2026. The units are reported at a price of $94.71 per share, for a total value of approximately $463. This was an award/credit of deferred compensation (derivative stock units), not an open‑market purchase or sale.

Key Details

Transaction date: 2026-02-19; Filing date (accession): 2026-02-23.
Transaction type: Award/credit of Stock Units (derivative), code A.
Price/value reported: $94.71 per share; total ~$463.
Shares owned after transaction: Not specified in the provided filing excerpt.
Footnote: Per the Nonemployee Directors' Deferred Compensation Plan, Mr. Sengstack elected to receive his 2025 stock award deferred; on Feb 19, 2026 he was credited 4.89 Stock Units representing dividends that would have been paid on those deferred shares. At distribution he may elect to receive shares or cash.
Filing timeliness: The filing was dated four days after the transaction; the provided excerpt does not flag a late filing.

Context

These Stock Units are deferred compensation (a derivative credit) and represent a future right to receive shares or cash per the plan; they are routine director compensation and do not reflect an open‑market buy or sell. The dollar amount is small, so this transaction is primarily an administrative credit rather than a market signal.

Form 4

Period: 2026-02-19

Director

Transactions

Award
stock units
[F1]
2026-02-19$94.71/sh+4.89$463→ 1,660.49 total
→ common stock (4.89 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. Sengstack 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 February 19, 2026, Mr. Sengstack was credited with 4.89 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Sengstack may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

Signature

Jonathan M. Grandon, power of attorney for Gregg C. Sengstack|2026-02-23

1 file