Walsh Jay J 4

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.