Walsh Jay J 4

What Happened
Jay J. Walsh, President of Franklin Fueling (Franklin Electric Co., FELE), received 2,078 shares on 2026-04-08 as the vesting of performance share units (Award/Acquisition). The award is reported at a per-share value of $99.33 (total ~$206,408). To cover tax withholding related to the vesting, 894 shares were surrendered (disposed) at the same per-share value, representing ~$88,801.

Key Details

• Transaction dates and prices: 2026-04-08 — 2,078 shares acquired (A) at $99.33 ($206,408); 894 shares disposed (F) at $99.33 ($88,801) for tax withholding.
• Shares owned after transaction: Filing does not give a single summed total; it notes Walsh owns 16,895 shares outright plus unvested awards including 2,112 RSUs (vesting in installments), 1,156 RSUs (vesting 2/22/2027) and 1,120 RSUs (vesting 2/20/2028).
• Footnotes: F1 = vesting of Performance Share Units; F2 = details of restricted stock units and shares owned outright. The "F" disposal reflects tax withholding (not an open-market sale for cash).
• Filing timeliness: Reported 2026-04-10 for an 04-08 transaction — filed within the typical Form 4 reporting window (timely).

Context
This was a vesting event (performance share units converting to shares) with a portion of the vested shares surrendered to satisfy tax obligations — a routine corporate payroll/tax action rather than a market-sale signal. Purchases or open-market buys usually carry more weight as a bullish signal; here the activity primarily documents compensation vesting and tax withholding.