Form 4: Franklin Electric Executive Delancey W. Davis Reports Stock Transactions
SEC Form 4 Filing
Delancey W. Davis, President of Headwater Companies at Franklin Electric, reports acquisition and disposal of company stock on February 24, 2025.
Summary
- On February 24, 2025, Delancey W. Davis, President of Headwater Companies at Franklin Electric Co., Inc., reported transactions involving the company's common stock.
- Davis acquired 1,752 shares of common stock at a price of $103.81 per share.
- Davis also disposed of 791 shares of common stock at $103.81 per share.
- Following these transactions, Davis beneficially owns 8,662 shares of Franklin Electric common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard SEC filing reporting stock transactions. There's no inherent positive or negative implication.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives and their confidence in the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how they interpret the insider's actions.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock acquisition and disposal transactions. |
| 02/26/2025 | Date of signature on the Form 4 filing. |
| 2/16/2026 | 1,489 restricted stock units vest. |
| 2/22/2027 | 1,499 restricted stock units vest. |
| 2/20/2028 | 1,439 restricted stock units vest. |
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