Transaction Details

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, Mr. Villavarayan elected to receive his 2025 Board of Directors retainer, stock award, and committee member fees in Franklin Electric Co., Inc. common stock, issuance of such shares have been elected to be deferred. On May 2, 2025, Mr. Villavarayan was credited with 962.08 Stock Units for the annual retainer, 1,641.20 Stock Units for the annual stock award, and 209.40 Stock Units for committee chair/member fees. At distribution, Mr. Villavarayan may elect pursuant to the terms of the Plan to receive her deferred compensation either in shares of Franklin common stock or in cash.