WOLFENBARGER JENNIFER ANN 4

What Happened

• Jennifer Ann Wolfenbarger, Vice President and Chief Financial Officer of Franklin Electric Co., received a grant of 4,646 restricted shares on February 19, 2026. The shares were valued at $94.71 each for a total grant value of approximately $440,023. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23.
• Price per share reported: $94.71; total value: ~$440,023.
• Vesting for this grant: 4,646 restricted shares vest in three equal annual installments beginning on the first anniversary of 2/19/2026 (see footnote F1).
• Additional restricted-share schedule (footnote F2): filing notes she also has 6,440 restricted shares that vest on 7/7/2026 and 5,269 that vest on 7/7/2027, in addition to the 4,646 award above.
• Shares owned after the transaction: not disclosed in this filing.
• Transaction type: Award/Grant (code A). No sale, exercise, or tax-withholding codes reported for this item.
• Filing timeliness: Form filed 2/23/2026 for a 2/19/2026 transaction; filing appears timely (no late/“L” designation in the report).

Context

• This award is restricted stock with multi-year vesting; such grants are commonly part of executive compensation and do not represent an immediate market purchase or sale.
• Vesting schedule means the shares will convert to owned shares over time (1/3 per year for this grant), so the economic interest is phased in rather than immediate.