{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-24-000132","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2024-07-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.529111+00:00","generated_at":"2026-06-01T00:17:25.430023+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Joseph Ruzynski appointed to board; Sengstack steps down as CEO, remains Executive Chairperson","bullets":["Ruzynski appointed as director effective July 1, 2024, in conjunction with his CEO appointment previously reported on May 14, 2024.","Ruzynski will not receive additional compensation for director services.","Sengstack stepped down as CEO but remains Executive Chairperson of the Company.","Ruzynski entered an employment security agreement providing change-in-control benefits consistent with prior filings."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-24-000132","json":"https://secwatch.observer/filing/0000038725-24-000132.json","markdown":"https://secwatch.observer/filing/0000038725-24-000132.md","text":"https://secwatch.observer/filing/0000038725-24-000132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/fele-20240701.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:17:25.430023+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"17df0414f4","claim":"Joseph Ruzynski was appointed as Director at FRANKLIN ELECTRIC CO INC.","evidence_excerpt":"On July 1, 2024, the Board of Directors (the “Board”) of Franklin Electric Co., Inc. (the “Company”) appointed Mr. Joseph Ruzynski as a director, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"d397595316","claim":"Gregg Sengstack changed role as Executive Chairperson at FRANKLIN ELECTRIC CO INC.","evidence_excerpt":"Upon the appointment of Mr. Ruzynski to the position of Chief Executive Officer, Mr. Sengstack stepped down from that position and remains the Execuive Chairperson.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872524000132/0000038725-24-000132-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"stepped down"},{"label":"Role","value":"Executive Chairperson"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}