Gregg C. Sengstack, a director of Franklin Electric Co Inc ( Nasdaq : FELE), filed a Form 4 on August 3, 2026, reporting two transactions in common stock dated August 1, 2026: a restricted stock award vest and a share Withholding for taxes.

Key Highlights

  • Vest transaction: Sengstack acquired 366 shares of common stock on August 1, 2026, via a restricted stock award vest (transaction code A) at a price of $104.72 per share.
  • Tax withholding: 145 shares were disposed of on August 1, 2026 (transaction code F) at $104.72 per share, reducing directly held shares to 130,417.
  • Direct holdings after transactions: 130,417 shares held directly, according to the filing.
  • Indirect holdings: Sengstack also reported indirect beneficial ownership of 29,687 shares via the Sengstack Family Foundation, 160,000 shares via the Gregg Sengstack 2020 Dynasty Trust, 115,000 shares via the Dianne Sengstack 2020 Dynasty Trust, and 56,900 shares via the Dianne Sengstack 2025 Special Trust.
  • Restricted shares remaining: The filing states directly held shares include 2,932 restricted shares vesting monthly through April 1, 2027, and 11,436 restricted stock units vesting on February 22, 2027.

Sengstack Vest and Withholding Details for Franklin Electric Common Stock

According to the filing, Gregg C. Sengstack is identified as a director of Franklin Electric Co Inc. On August 1, 2026, the filing reports two transactions in the company's common stock. First, 366 shares were acquired through the vest of restricted stock awards at a price of $104.72, bringing directly held shares to 130,562. Second, 145 shares were disposed of at the same price of $104.72 under transaction code F, which the filing associates with shares withheld for tax Liability , reducing the directly held total to 130,417.

The filing notes that of the 130,417 directly held shares, 2,932 are restricted shares vesting monthly in equal installments through April 1, 2027, and 11,436 are restricted stock units vesting on February 22, 2027, with 116,049 shares described as "owned outright."

Regarding indirect holdings, the filing reports 29,687 shares held by the Sengstack Family Foundation, of which Sengstack is president and holds sole voting and dispositive power. An additional 160,000 shares are held by the Gregg Sengstack 2020 Dynasty Trust, for which Sengstack's spouse is Trustee and Sengstack does not have sole voting and Investment power. The Dianne Sengstack 2020 Dynasty Trust holds 115,000 shares, and the Dianne Sengstack 2025 Special Trust holds 56,900 shares; Sengstack is trustee of both and has sole voting and dispositive power over each. The form was signed by Jonathan M. Grandon as Power of Attorney for Gregg C. Sengstack on August 3, 2026.

What Was Disclosed

The filing disclosed two August 1, 2026 transactions in Franklin Electric common stock by director Gregg C. Sengstack: a 366-share restricted stock vest and a 145-share tax withholding, both at $104.72, along with post-transaction direct and indirect beneficial ownership positions. Verified against source; unverifiable items removed.