Form 4: Franklin Electric Co. Director Renee J. Peterson Reports Stock Award and Holdings
SEC Form 4 Filing
Director Renee J. Peterson reports acquisition of Franklin Electric Co. stock as part of a board of director stock award and discloses total holdings.
Summary
- On May 2, 2025, Renee J. Peterson, a director of Franklin Electric Co. Inc., acquired 1,641 shares of common stock as part of the 2025 Board of Director stock award, which she elected to receive in common stock.
- The shares vested immediately.
- Following the transaction, Peterson beneficially owns 2,365 shares outright.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the sentiment is neutral.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The disclosure provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Renee J. Peterson acquired 1,641 shares of common stock. |
| 05/06/2025 | Date of signature for the report. |
Keywords
Form 4, beneficial ownership, director, stock award, Franklin Electric Co. Inc., FELE, Renee J. Peterson, common stock
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