{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-25-000144","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2025-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.968405+00:00","generated_at":"2026-05-19T09:30:27.607345+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Franklin Electric repurchases 1.2M shares at $86.78 from Schaefer trust; authorization increased","bullets":["Repurchased 1,200,000 shares from Patricia Schaefer Settlement Trust at $86.78/share (five-day VWAP) on June 13, 2025.","Board increased share repurchase authorization by 1.2M shares; remaining authorization of 1,126,635 shares after the transaction.","Transaction provides liquidity for estate tax obligations; CEO cites confidence in balance sheet and future prospects."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-25-000144","json":"https://secwatch.observer/filing/0000038725-25-000144.json","markdown":"https://secwatch.observer/filing/0000038725-25-000144.md","text":"https://secwatch.observer/filing/0000038725-25-000144.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872525000144/0000038725-25-000144-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872525000144/fele-20250609.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T09:30:27.607345+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}