Mark A. Carano - Nov 20, 2025 Form 4 Insider Report for FRANKLIN ELECTRIC CO INC (FELE)

Role: Director
Signature: Jonathan M. Grandon, power of attorney for Mark A. Carano
Stock symbol: FELE
Transactions as of: Nov 20, 2025
Transactions value $: $449
Form type: 4
Date filed: 11/24/2025, 01:10 PM
Previous filing: Aug 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Carano Mark A	Director	C/O SPX TECHNOLOGIES INC., 6325 ARDREY KELL ROAD, SUITE 400, CHARLOTTE	Jonathan M. Grandon, power of attorney for Mark A. Carano	2025-11-24	0001584346

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FELE	stock units	Award	$449	+4.93	+0.29%	$91.08	1.7K	Nov 20, 2025	common stock	4.93		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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, Mr. Carano elected to receive his 2025 stock award in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he 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 November 20, 2025, Mr. Carano was credited with 4.93 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Carano may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.

Content

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, Mr. Carano elected to receive his 2025 stock award in Franklin Electric Co., Inc common stock, issuance of such shares deferred until he 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 November 20, 2025, Mr. Carano was credited with 4.93 Stock Units for dividends that would have been paid on such deferred shares. At distribution, Mr. Carano may elect pursuant to the terms of the Plan to receive his deferred compensation either in shares of Franklin common stock or in cash.