Jonathan M. Grandon

CAO Jonathan Grandon sells 8,547 FELE shares at $103.40; holdings reduced to 7,509 shares post-transaction

Jonathan M. Grandon, Chief Administrative Officer, sold 8,547 shares of FRANKLIN ELECTRIC CO INC for $883,785.44 on 2026-06-09, reducing his non-derivative holdings from 16,056 shares to 7,509 shares. At $103.40, the transaction occurred near the 52-week high of $111.53, with the current price $102.01. Across his open-market history, Grandon's prior sells have shown a 90-day well-timed rate of 100.00%; his same-ticker history at FELE includes one prior sell (2025-08-13) that posted negative 90-day returns. With the company trading at a P/E of 29.91 and recent quarterly revenue of $500.4M, the fundamentals do not flag obvious distress, and the stock is up +3.0% over 30 days and +11.8% over 90 days.

CAO Jonathan Grandon sold 10,036 shares of FELE at $98.03, reducing stake by 55.1% to 8,171 shares ($983.9K)

Jonathan Grandon, Chief Administrative Officer, executed a substantial sale of 10,036 shares at $98.03, reducing his holdings from 18,207 shares to 8,171 shares—a 55.1% reduction in his position. The sale occurred when the stock was trading near its 52-week high of $110.40 (currently $95.82, down 13.2% from that peak), suggesting the transaction was executed at a favorable valuation relative to recent trading history. The company's fundamentals show a $587.4M quarterly revenue with $60.1M net income, though annual revenue declined 2.1% year-over-year, and the stock carries a 23.78 P/E multiple in a $4.3B market cap. The magnitude of this stake reduction—eliminating more than half of his shareholding—represents a material shift in his investment exposure and merits investor attention, particularly given the timing relative to the 52-week trading range and the company's modest revenue trend.