Franklin Electric Files 8-K/A Amendment
Ticker: FELE · Form: 8-K/A · Filed: May 22, 2024 · CIK: 38725
Sentiment: neutral
Topics: amendment, corporate-governance, officer-changes
Related Tickers: FELE
TL;DR
FELE filed an amendment to its 8-K, updating director/officer info and financials.
AI Summary
Franklin Electric Co., Inc. filed an amendment (8-K/A) on May 22, 2024, to its report originally dated May 14, 2024. This amendment pertains to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates updates or corrections related to the company's board of directors and executive compensation, which can signal changes in corporate governance or strategic direction.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, likely for clarification or correction, and does not appear to introduce new material risks.
Key Players & Entities
- FRANKLIN ELECTRIC CO., INC. (company) — Registrant
- May 14, 2024 (date) — Original report date
- May 22, 2024 (date) — Amendment filing date
FAQ
What specific items are being amended in this 8-K/A filing?
This 8-K/A amends items related to the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
What was the original report date that this 8-K/A is amending?
The original report date was May 14, 2024.
What is the filing date of this amendment?
The filing date of this amendment is May 22, 2024.
What is the principal executive office address for Franklin Electric Co., Inc.?
The principal executive office is located at 9255 Coverdale Road, Fort Wayne, Indiana 46809.
What is the SIC code for Franklin Electric Co., Inc.?
The Standard Industrial Classification (SIC) code is 3621 for MOTORS & GENERATORS.
Filing Stats: 1,006 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-05-22 17:05:12
Key Financial Figures
- $0.10 — ction 12(b) of the Act: Common Stock, $0.10 par value FELE NASDAQ Global Select Mar
- $900,000 — i will receive an annual base salary of $900,000 and an annual target bonus opportunity
- $250,000 — ki will receive: (i) a signing bonus of $250,000, and (ii) an equity grant award with an
- $5,250,000 — with an estimated target total value of $5,250,000, consisting of fifty percent (50%) perf
Filing Documents
- fele-20240514.htm (8-K/A) — 32KB
- 0000038725-24-000119.txt ( ) — 164KB
- fele-20240514.xsd (EX-101.SCH) — 3KB
- fele-20240514_lab.xml (EX-101.LAB) — 23KB
- fele-20240514_pre.xml (EX-101.PRE) — 13KB
- fele-20240514_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits: Exhibit Number Description 101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 104 The cover page from this Current Report on Form 8-K/A, formatted as Inline XBRL SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FRANKLIN ELECTRIC CO., INC. (Registrant) Date: May 22, 2024 By /s/ Jeffery L. Taylor Jeffery L. Taylor Vice President, Chief Financial Officer (Principal Financial and Accounting Officer)