Form 4: Franklin Electric Executive Delancey W. Davis Reports Stock Transactions

Delancey W. Davis, President of Headwater Companies at Franklin Electric, reports the acquisition and disposal of company stock and derivative securities on February 26, 2025.

Summary

• On February 26, 2025, Delancey W. Davis, President of Headwater Companies at Franklin Electric Co., Inc., reported transactions involving the company's stock.
• Davis disposed of 961 shares of common stock at a price of $103.145 per share.
• He also acquired 3,761 shares of common stock at $83.9 per share through the exercise of options.
• Additionally, 3,761 shares were disposed of to cover tax obligations at a price of $102.743.
• Following these transactions, Davis directly owns 7,701 shares of common stock, which includes restricted stock units vesting in the future.
• Davis also holds options for 1,882 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the transactions of key personnel.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into management's perspective on the company's stock.

Key Dates