Grandon Jonathan M. 4
4 · FRANKLIN ELECTRIC CO INC · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Franklin Electric (FELE) Chief Administrative Officer Jonathan Grandon Sells 4,988 Shares
What Happened
Jonathan M. Grandon, Chief Administrative Officer of Franklin Electric Co., sold a total of 4,988 shares in two open-market transactions on April 30, 2026. He sold 1,704 shares at $100.61 each for $171,439 and 3,284 shares at $99.72 each for $327,464, for combined proceeds of about $498,903. These were outright sales (not option exercises or awards).
Key Details
- Transaction dates and prices: 2026-04-30 — 1,704 shares @ $100.61; 3,284 shares @ $99.72.
- Total shares sold: 4,988; total proceeds: ~$498,903.
- Shares owned after transaction: 6,509 shares (see footnote breakdown below).
- Footnote F1: Holdings include 3,168 restricted shares vesting in equal 1/3 installments beginning 2/19/2027, 1,715 restricted shares vesting 2/22/2027, 1,698 restricted shares vesting 2/20/2028, and 928 shares owned outright.
- Filing: Report filed 2026-05-04 for trades on 2026-04-30 — appears to be filed more than two business days after the trades (may be outside the typical Form 4 filing window).
Context
These were open-market sales, which are common for insiders for liquidity or diversification and do not necessarily indicate a change in company outlook. The insider still holds a mix of restricted shares with staggered vesting dates and a small number of shares owned outright.
Insider Transaction Report
- Sale
common stock
2026-04-30$100.61/sh−1,704$171,439→ 10,793 total - Sale
common stock
[F1]2026-04-30$99.72/sh−3,284$327,464→ 7,509 total
Footnotes (1)
- [F1]Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 928 shares owned outright.