SENGSTACK GREGG C 4

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.