Franklin Electric held its 2026 annual meeting on May 8, 2026, with 93.19% of shares represented, and shareholders approved all proposals including director elections and executive compensation.
Key takeaways
All director nominees were elected with majority support; Victor D. Grizzle received 34.7M votes for.
Ratification of Deloitte & Touche as auditor for 2026 was approved with 37.6M votes for.
Advisory vote on executive compensation passed with 37.5M votes for, indicating shareholder approval.
Shareholders favored a 1-year frequency for future advisory votes on compensation, with 36.1M votes for.
Broker non-votes were present on director elections and compensation proposals but not on auditor ratification.
High voter turnout of 93.19% reflects strong shareholder engagement.