Franklin Electric CFO Sells 2,800 Shares -- Should Investors Sell Too?
Jennifer Wolfenbarger's non-discretionary sale followed vesting of 6,440 restricted stock units. She retains 13,528 shares worth $1.4 million.
Overview
Jennifer Ann Wolfenbarger, Vice President and CFO of Franklin Electric Co., Inc. (NASDAQ:FELE), disposed of 2,827 shares of common stock on July 7, 2026. SEC Form 4 filing
Transaction value based on SEC Form 4 weighted average sale price ($102.77); post-transaction value based on July 07, 2026, market close ($102.77).
Details
Franklin Electric is a leading global manufacturer of pumping systems with approximately 6,500 employees and a market capitalization of $4.5 billion. The company maintains a diversified geographic footprint and multi-segment operating structure that provides exposure to essential water infrastructure and energy markets. With TTM revenue of $2.2 billion and net income of $150.5 million, Franklin Electric demonstrates strong operational scale and profitability in the industrial machinery sector.
Source
Originally published at www.fool.com.