PETERSON RENEE J bought FELE
February 15, 2024 · Form 4 insider transaction
PETERSON RENEE J bought 92.52 shares of Franklin Electric Co., Inc. at $100.28 per share, a transaction worth $9.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Pursuant to terms of the Nonemployee Directors' Deferred Compensation Plan approved by the Board of Directors on February 11, 2000 and amended and restated on May 6, 2020, Ms. Peterson elected to receive her 2015-2023 stock award, meeting fees, and retainer of Franklin Electric Co., Inc common stock, issuance of such shares deferred until she retires, otherwise leaves the Board of Directors, or has elected to receive such payment per the terms of the Plan (e.g. Stock Units). On February 15, 2024, Ms. Peterson was credited with 92.52 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Ms. Peterson may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.