PETERSON RENEE J 4

What Happened

• Renee J. Peterson, a director of Franklin Electric Co., was granted 1,459 shares of common stock as a Board of Director stock award on 2026-05-08. The shares were awarded at no cash cost (reported price $0.00) and vested immediately as Ms. Peterson elected to receive the award in common stock.

Key Details

• Transaction date: 2026-05-08; Form 4 filed: 2026-05-12 (timely filing).
• Award type: A (grant/award); reported acquisition of 1,459 shares at $0.00 (value $0).
• Shares owned after the transaction: filing notes 5,171 shares owned outright and, with the 1,459-share award, implies total holdings of 6,630 shares.
• Footnote: award vested immediately as payment for the 2026 board stock award; Ms. Peterson elected stock instead of cash.

Context

• This was an award/compensation transaction, not an open-market purchase or sale; such awards are a routine form of director compensation and do not necessarily indicate a change in insider sentiment.
• No option exercises, sales, or 10b5-1 plans were reported in this filing.