Wathen David M

Director Wathen liquidates all 49,000 shares (49.0K) over 2 days for $4,197,803.90 ($4.2M), exiting completely from FELE position

David M Wathen, a director of Franklin Electric, executed 2 separate sales totaling 49,000 shares for $4,197,803.90 on June 3-4, 2025, at a blended average price of $85.67, reducing his holdings from 49,000 shares to 0 shares (a -100.0% net change). This represents a complete liquidation of his equity stake in the company. The stock currently trades at $85.69, marginally above the blended sale price, while the security has declined -16.6% over the prior 90 days and sits -22.4% below its 52-week high of $110.40. Wathen has 2 prior sells in his cross-ticker track record and 2 recent prior sales at FELE (on June 2 and May 22), establishing a pattern of consecutive exit activity at this single ticker over a concentrated timeframe. The full divestiture warrants attention given the complete elimination of insider equity exposure, though outcomes of his prior same-ticker sales remain unmeasurable and his overall track record (2 prior sells) is too small to establish a predictive pattern.

Director Wathen sells 25,402 shares of FELE at $85.22; stock -22.0% from 52-week high, revenue declining

David M Wathen, a Director of Franklin Electric Co Inc, sold 25,402 shares at $85.22 on 2025-06-02, reducing his holdings from 74,402 to 49,000 shares—a -34.1% reduction. The sale occurred when the stock was trading -22.0% below its 52-week high of $110.40, and FELE's fundamentals show annual revenue declining -2.1% against a P/E of 22.03. Following this sale, Wathen executed two additional sales on 2025-06-03 and 2025-06-04, indicating a pattern of concentrated selling within a 3-day window. With three same-ticker sales in early June and no measurable timing outcomes yet (90-day periods still open), the cluster of back-to-back dispositions warrants attention given the company's negative revenue growth trajectory and the director's substantial reduction in personal exposure.

Director Wathen sold 25,000 FELE shares at $86.70; stock down 20.9% from 52-week high, revenue declining.

David M Wathen, a Director at Franklin Electric Co Inc, sold 25,000 shares (25.0K shares) at $86.70 on 2025-05-22, reducing his holdings from 99,402 to 74,402 shares. The sale occurred as the stock trades at $87.29, down 20.9% from its 52-week high of $110.40 and down 14.7% over the past 90 days. Franklin Electric's fundamentals show recent weakness: annual revenue declined 2.1% year-over-year to $455,247,000.00 (latest quarter), and net income stands at $30,962,000.00. The Director's decision to reduce holdings by 25.2% of his pre-transaction position merits attention given the combination of negative revenue growth, depressed stock price relative to recent highs, and the material size of the sale ($2,167,500.00). This activity occurs against a backdrop of both stock underperformance and operational headwinds.