davis delancey w 4
4 · FRANKLIN ELECTRIC CO INC · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Franklin Electric (FELE) President Davis Delancey Sells 1,900 Shares
What Happened
- Davis Delancey, President (Headwater Companies), reported an open-market/private sale of 1,900 shares of Franklin Electric (FELE) on 2026-05-26 at $100.00 per share, for a total value of $190,000. The Form 4 was filed on 2026-05-27. This was a sale (transaction code S).
Key Details
- Transaction date and price: 2026-05-26, sold 1,900 shares at $100.00/share.
- Transaction type: Sale (open market or private sale).
- Shares beneficially owned after the transaction (per footnote): 10,402 total, comprised of 4,803 shares owned outright plus restricted stock/RSUs (2,661 restricted shares vesting in equal 1/3 annual installments beginning 2/19/2027, 1,499 RSUs vesting 2/22/2027, and 1,439 RSUs vesting 2/20/2028).
- Notable footnote: Holdings include multiple restricted share/RSU tranches with different vesting dates as listed above.
- No 10b5-1 plan, tax-withholding, or lateness flag was disclosed in the summary information provided.
Context
- Insider sales are common and can be for many personal or financial reasons; they do not by themselves indicate management’s view of the company’s prospects. Purchases tend to be more informative as bullish signals.
Insider Transaction Report
Form 4
davis delancey w
President, Headwater Companies
Transactions
- Sale
common stock
[F1]2026-05-26$100.00/sh−1,900$190,000→ 10,402 total
Footnotes (1)
- [F1]Includes 2,661 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,439 restricted stock units that vest on 2/20/2028, 1,499 restricted stock units that vest on 2/22/2027, and 4,803 shares owned outright.
Signature
Delancey W. Davis|2026-05-27