Form 4: Franklin Electric Executive Acquires Shares and Disposes of Shares to Cover Tax Obligations

Jay J. Walsh, President of Franklin Fueling at Franklin Electric Co., recently acquired 1,493 shares of common stock at $103.81 per share and disposed of 622 shares at the same price to cover tax obligations.

Summary

• On February 24, 2025, Jay J. Walsh, President of Franklin Fueling at Franklin Electric Co., acquired 1,493 shares of common stock at a price of $103.81 per share.
• On the same day, Walsh disposed of 622 shares of common stock at $103.81 per share to satisfy tax obligations.
• Following these transactions, Walsh directly owns 17,425 shares of Franklin Electric Co.
• This total includes 1,120 restricted stock units vesting on 2/20/2028, 1,156 restricted stock units vesting on 2/22/2027, 1,153 restricted stock units vesting on 2/16/2026, and 13,996 shares owned outright.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to executive compensation and tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Key Dates