Last updated: 16 August 2024 at 2:54pm EST

David Wathen Net Worth




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.

Mr. Wathen FELE stock SEC Form 4 insiders trading

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 Wathen biography

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.

What is the salary of David Wathen?

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.



How old is David Wathen?

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.

What's David Wathen's mailing address?

David's mailing address filed with the SEC is 5155 Inkster Rd, Bloomfield Hills, MI 48302, USA.

Insiders trading at Franklin Electric Co

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, and 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.



What does Franklin Electric Co do?

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.



What does Franklin Electric Co's logo look like?

Franklin Electric Co., Inc. logo

Complete history of Mr. Wathen stock trades at Franklin Electric Co and Trimas

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Aug 2016 David M Wathen
Director
Sale 4,498 $38.28 $172,183
1 Aug 2016
0
29 Oct 2015 David M Wathen
President and CEO
Option 6,300 $19.91 $125,433
29 Oct 2015
539,670
4 Sep 2015 David M Wathen
President and CEO
Option 3,150 $17.52 $55,188
4 Sep 2015
528,389
13 Jun 2015 David M Wathen
President and CEO
Option 2,625 $23.90 $62,738
13 Jun 2015
507,905
29 Oct 2014 David M Wathen
President and CEO
Option 5,250 $24.35 $127,838
29 Oct 2014
460,365
5 Sep 2014 David M Wathen
President and CEO
Option 2,625 $24.70 $64,838
5 Sep 2014
456,328
13 Jun 2014 David M Wathen
President and CEO
Option 2,625 $28.80 $75,600
13 Jun 2014
454,916
21 Jan 2014 David M Wathen
President and CEO
Option 8,334 $19.22 $160,179
21 Jan 2014
414,502
29 Oct 2013 David M Wathen
President and CEO
Option 10,500 $30.65 $321,825
29 Oct 2013
411,020
21 Oct 2013 David M Wathen
President and CEO
Option 8,334 $15.57 $129,760
21 Oct 2013
404,371
5 Sep 2013 David M Wathen
President and CEO
Option 5,250 $29.42 $154,455
5 Sep 2013
398,463
29 Jul 2013 David M Wathen
President and CEO
Sale 50,000 $37.14 $1,857,000
29 Jul 2013
393,213
13 Jun 2013 David M Wathen
President and CEO
Option 5,250 $27.16 $142,590
13 Jun 2013
445,639
24 Mar 2013 David M Wathen
President and CEO
Option 8,334 $6.95 $57,921
24 Mar 2013
454,208
21 Jan 2013 David M Wathen
President and CEO
Option 8,333 $19.22 $160,160
21 Jan 2013
380,540
21 Oct 2012 David M Wathen
President and CEO
Option 8,333 $15.57 $129,745
21 Oct 2012
372,207
24 Mar 2012 David M Wathen
President and CEO
Option 8,333 $6.95 $57,914
24 Mar 2012
367,274
21 Jan 2012 David M Wathen
President and CEO
Option 8,333 $19.22 $160,160
21 Jan 2012
324,831
21 Oct 2011 David M Wathen
President and CEO
Option 8,333 $15.57 $129,745
21 Oct 2011
316,498
26 May 2011 David M Wathen
President and CEO
Option 133,333 $1.38 $184,000
26 May 2011
371,576
24 Mar 2011 David M Wathen
President and CEO
Option 8,333 $6.95 $57,914
24 Mar 2011
241,643
4 Mar 2010 David M Wathen
President and CEO
Buy 16,424 $6.29 $103,307
4 Mar 2010
121,424
11 Mar 2009 David M Wathen
President and CEO
Buy 21,000 $1.60 $33,600
11 Mar 2009
105,000
11 Mar 2009 David M Wathen
President and CEO
Buy 84,000 $1.50 $126,000
11 Mar 2009
84,000


Franklin Electric Co executives and stock owners

Franklin Electric Co executives and other stock owners filed with the SEC include: