Franklin Electric (FELE) President Jay J. Walsh Receives RSU Award

What Happened
Jay J. Walsh, President of Franklin Fueling at Franklin Electric (FELE), was granted 2,112 restricted stock units (RSUs) on 2026-02-19. The grant is reported at $94.71 per share for a total grant value of $200,028. The transaction is reported as an award/acquisition (Form 4 code A).

Key Details

• Transaction date and value: 02/19/2026 — 2,112 RSUs @ $94.71 each, total $200,028.
• Vesting: The award vests in three equal annual installments (1/3 each year), beginning on the first anniversary of 02/19/2026 (i.e., starting 02/19/2027). (Footnote F1)
• Shares/units reported after transaction (per footnote F2): 2,112 RSUs from this grant; plus 1,156 RSUs vesting 02/22/2027; 1,120 RSUs vesting 02/20/2028; and 15,711 shares owned outright.
• Transaction type: Award (A) — not an open-market buy or sale; these are time‑based RSUs subject to vesting.
• Filing: Form 4 filed 02/23/2026 reporting the 02/19/2026 grant; filing is within the SEC’s two-business-day reporting window.

Context
RSU grants are compensation awards that convert to shares only if and when they vest; they do not represent an immediate cash purchase or sale. Such awards are common for executives and are primarily compensation rather than an immediate market sentiment indicator.