WILLIAMS DANIELA MARIA 4

What Happened

• Daniela Maria Williams, VP and Chief HR Officer of Franklin Electric Co., received 1,351 shares as an award on 2026-02-19. The reported acquisition price was $94.71 per share, for a total value of $127,953. This was an equity award/grant (Form 4 code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Form 4 filed 2026-02-23 (Accession 0002077303-26-000002).
• Price and value: 1,351 shares @ $94.71 = $127,953.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Vesting (footnotes): F1 — the awards vest in three equal annual installments (1/3 each), beginning on the first anniversary of 2/19/2026 (first vesting ~2/19/2027). F2 — filing also references additional restricted shares that vest on 7/7/2026 (1,064), 7/7/2027 (1,064) and 7/7/2028 (1,065).
• Filing timeliness: filing date is four days after the transaction; Form 4s are generally due within two business days, so this filing appears to have been submitted after the standard reporting window.

Context

• These are time‑vesting restricted stock awards, a common form of executive compensation designed to align management with long-term performance. Because the shares vest over time (rather than being immediately sold or purchased on the open market), the grant itself is a compensation event rather than a direct signal of an insider buying or selling shares for market exposure.