The estimated Net Worth of David M Wathen is at least $53.6 Million dollars as of 29 October 2015. Mr. Wathen owns over 6,300 units of Franklin Electric Co stock worth over $51,387,377 and over the last 20 years he sold FELE stock worth over $2,029,183. In addition, he makes $207,500 as Independent Director at Franklin Electric Co.
David has made over 24 trades of the Franklin Electric Co stock since 2009, according to the Form 4 filled with the SEC. Most recently he sold 4,498 units of FELE stock worth $172,183 on 1 August 2016.
The largest trade he's ever made was exercising 133,333 units of Franklin Electric Co stock on 26 May 2011 worth over $184,000. On average, David trades about 2,593 units every 16 days since 2005. As of 29 October 2015 he still owns at least 539,670 units of Franklin Electric Co stock.
You can see the complete history of Mr. Wathen stock trades at the bottom of the page.
David M. Wathen serves as Independent Director of the Company. Mr. Wathen is an Independent Director of Franklin Electric Co Inc. He was President and Chief Executive Officer of TriMas Corporation, a manufacturer of engineered products, from 2009-2016; prior thereto, President and Chief Executive Officer, Balfour Beatty, Inc. (U.S. Operations), an engineering, construction and building management services company, from 2002-2006; prior thereto, Group Executive/Corporate Officer, Eaton Corporation, a global technology leader in diversified power management solutions, from 1997-2000. Mr. Wathen received his bachelor's degree in mechanical engineering from Purdue University and his MBA from Saint Francis College, Fort Wayne, Indiana. Mr. Wathen brings to the Board his experience as CEO of two companies and leadership positions in others, including over twenty years direct technical and general management experience in the same industry as the Company and direct experience managing electrical businesses serving pump OEMs and distributor channels similar to those served by the Company. His background enables him to serve as an "audit committee financial expert". His experience on the Board of the Company also helps give the Board a historical perspective in its deliberations.
As the Independent Director of Franklin Electric Co, the total compensation of David Wathen at Franklin Electric Co is $207,500. There are 12 executives at Franklin Electric Co getting paid more, with Gregg Sengstack having the highest compensation of $6,371,350.
David Wathen is 67, he's been the Independent Director of Franklin Electric Co since 2019. There are 1 older and 18 younger executives at Franklin Electric Co. The oldest executive at Franklin Electric Co., Inc. is David Brown, 71, who is the Lead Independent Director.
David's mailing address filed with the SEC is 5155 Inkster Rd, Bloomfield Hills, MI 48302, USA.
Over the last 21 years, insiders at Franklin Electric Co have traded over $45,328,023 worth of Franklin Electric Co stock and bought 3,000 units worth $189,620 . The most active insiders traders include David A Roberts, Thomas L Young und R Scott Trumbull. On average, Franklin Electric Co executives and independent directors trade stock every 19 days with the average trade being worth of $954,771. The most recent stock trade was executed by Jonathan M. Grandon on 26 August 2024, trading 2,219 units of FELE stock currently worth $228,601.
founded in 1944, franklin electric has grown from a small motor manufacturing company into a leading global provider of complete water systems and fueling systems. franklin electric's principal markets include clean water systems, water transfer and grey water systems, and fueling systems. headquartered in fort wayne, indiana, franklin serves all corners of the world with facilities spanning the globe.
Franklin Electric Co executives and other stock owners filed with the SEC include: