LEVINE GREG MICHAEL 4

What Happened
Greg Michael Levine, Vice President & President, Global Water of Franklin Electric Co., was granted 2,513 restricted shares on 2026-02-19 at an assigned value of $94.71 per share (total value ~$238,006). This was an award/grant (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-19; price/value: $94.71 per share; total value: $238,006.
• Vesting: the 2,513 awarded restricted shares vest in three equal installments (1/3 each year), beginning on the first anniversary of 2/19/2026 (first vesting ~2/19/2027).
• Shares owned after transaction (per filing footnote): 7,261 total beneficially owned, comprised of:
  • 2,513 newly awarded restricted shares (vesting in thirds),
  • 1,398 restricted shares vesting 2/22/2027,
  • 1,368 restricted shares vesting 2/20/2028,
  • 1,982 shares owned outright.
• Filing date: 2026-02-23 (transaction date 2026-02-19). No late-filing flag shown in the filing text.
• Transaction type code: A = Award/Grant (restricted stock).

Context
Restricted stock awards are compensation that vests over time; they are not immediate purchases of tradable shares. Such grants are common executive compensation and do not by themselves indicate an intent to buy or sell on the open market.