Franklin Electric (FELE) executive Grandon sold 8,547 shares for $884K at $103.40
Insider transactions reported
Jonathan M. Grandon (Chief Administrative Officer at Franklin Electric Co. Inc., FELE) reported that they sold 8,547 shares for $884K at $103.40, and acquired 8,547 shares at $42.20 on Jun 9, 2026. After these transactions the filing shows 7,509 shares held directly.
- Reporting person
- Grandon Jonathan M.
- Role
- Chief Administrative Officer
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 9, 2026 | Exercise or conversion of a derivative (M) | common stock | +8,547 | $42.20 | $361K | 16,056 direct |
| Jun 9, 2026 | Open-market sale (S) | common stock1 | -8,547 | $103.40 | $884K | 7,509 direct |
Options and other derivatives
| Date | Type | Security | Shares | Price | Value | Held after |
|---|---|---|---|---|---|---|
| Jun 9, 2026 | Exercise or conversion of a derivative (M) | optionOn 8,547 common stock2 | -8,547 | $42.20 | $361K | 0 direct |
Holdings before and after
- option: 8,547 to 0 direct
Footnotes from the filing
- 1. Includes 3,168 restricted shares that vest in equal installments of 1/3 each year, beginning on the first anniversary of 2/19/2026, 1,698 restricted shares that vest on 2/20/2028, 1,715 restricted shares that vest on 2/22/2027, and 928 shares owned outright.
- 2. The options become exercisable in four equal installments of 1/4 each year, beginning on the first anniversary of 2/23/2017.
Transaction codes in this filing
- Open-market sale:
- Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
- Exercise or conversion of a derivative:
- Code M marks the exercise or conversion of an option or other derivative under an exempt plan.
FAQ
What did Grandon report in this FELE Form 4?
Jonathan M. Grandon (Chief Administrative Officer at Franklin Electric Co. Inc., FELE) reported that they sold 8,547 shares for $884K at $103.40, and acquired 8,547 shares at $42.20 on Jun 9, 2026. After these transactions the filing shows 7,509 shares held directly.
How many FELE shares does Grandon hold after this filing?
The filing shows 7,509 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.
Was this FELE insider sale made under a 10b5-1 plan?
The filing's footnotes do not mention a Rule 10b5-1 trading plan.
What does transaction code S mean on an SEC Form 4?
Code S marks a sale in the open market or a private deal. The insider received cash for these securities.
Historical context for FELE
Across the 10 sessions after earlier FELE headlines, the stock closed higher 4 times and lower 6 times, with a median move of 0.5% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | FELE | SPY |
|---|---|---|---|
| May 12, 2026 | A. Buchholtz & Company Closes Sale of Wood Bros. to Franklin Electric | -1.2% | -0.2% |
| Apr 28, 2026 | Franklin Electric Reports First Quarter 2026 Results | -0.4% | -0.5% |
| Apr 27, 2026 | Franklin Electric Declares Quarterly Dividend of $0.28 Per Share | +1.5% | +0.2% |
| Apr 21, 2026 | Franklin Electric to Participate in Upcoming Investor Conferences | +0.3% | -0.7% |
| Apr 14, 2026 | Franklin Electric Schedules Its First Quarter 2026 Earnings Release and Conference Call | -0.1% | +1.2% |
| Feb 17, 2026 | Franklin Electric Reports Fourth Quarter 2025 and Full Year 2025 Results | -14.7% | +0.2% |
Earlier insider filings at FELE
- Jun 3, 2026Director Sengstack Gregg C was granted 366 shares and covered exercise/tax liability with 145 shares, increasing direct ownership by 0.19% to 118,294 units (SEC Form 4)
- May 27, 2026President, Headwater Companies Davis Delancey W sold $190,000 worth of shares (1,900 units at $100.00), decreasing direct ownership by 15% to 10,402 units (SEC Form 4)
- May 27, 2026Chief Administrative Officer Grandon Jonathan M. exercised 4,200 shares at a strike of $42.20 and sold $412,579 worth of shares (4,200 units at $98.23) (SEC Form 4)
- May 26, 2026SEC Form 4 filed by Director Sherman Jennifer L
- May 26, 2026SEC Form 4 filed by Director Peterson Renee J
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Metal Fabrications
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