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ERIE (NASDAQ: ERIE) SVP adds deferred share credits via dividend reinvestment

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ERIE Indemnity Company senior vice president and controller Jorie L. Novacek reported a plan-related change in deferred equity compensation. On April 21, 2026, 4.535 Incentive Compensation Deferral Plan share credits tied to Class A common stock were added at a reference price of $253.85 per share.

These share credits were acquired through dividend reinvestment under ERIE’s Incentive Compensation Deferral Plan and represent the right to receive an equivalent number of Class A shares when Novacek retires or otherwise leaves the company. After this transaction, Novacek’s account reflects a total of 791.703 share credits. The filing notes there is no exercise or expiration date for these plan-based securities.

Positive

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Negative

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Insider Novacek Jorie L
Role SVP, Controller
Type Security Shares Price Value
Other Incentive Compensation Deferral Plan Share Credits 4.535 $253.85 $1K
Holdings After Transaction: Incentive Compensation Deferral Plan Share Credits — 791.703 shares (Direct, null)
Footnotes (1)
  1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
Share credits added 4.535 share credits Incentive Compensation Deferral Plan transaction on April 21, 2026
Reference price per credit $253.85 per share Valuation used for plan share credits
Total share credits after transaction 791.703 share credits Novacek’s Incentive Compensation Deferral Plan balance after transaction
Incentive Compensation Deferral Plan financial
"shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan"
dividend reinvestment financial
"Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Share Credits financial
"The shares subject to this reporting are Share Credits which are periodically credited"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Novacek Jorie L
(Last)(First)(Middle)
100 ERIE INSURANCE PLACE
(Street)
ERIE PENNSYLVANIA 16530
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ERIE INDEMNITY CO [ ERIE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, Controller
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Incentive Compensation Deferral Plan Share Credits(1)04/21/2026J(2)4.535 (3) (3)Class A Common Stock4.535$253.85791.703D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
2. Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
3. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
Remarks:
Rebecca A. Buona, Power of Attorney04/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ERIE (ERIE) executive Jorie Novacek report in this Form 4?

Jorie L. Novacek reported a plan-related adjustment in deferred equity compensation. 4.535 share credits were added under ERIE’s Incentive Compensation Deferral Plan, tied to Class A common stock, increasing her total to 791.703 share credits after the transaction.

How many ERIE Incentive Compensation Deferral Plan share credits were added?

The filing shows 4.535 Incentive Compensation Deferral Plan share credits were added. These credits correspond to an equivalent number of ERIE Class A common shares deliverable when the executive retires or otherwise separates from service with the company.

What was the reference price for the ERIE share credits in this transaction?

The Form 4 lists a transaction price of $253.85 per share credit. This price is used as the reference value for the 4.535 share credits added under the Incentive Compensation Deferral Plan on the reported transaction date.

How many ERIE share credits does Jorie Novacek hold after this Form 4 transaction?

After the transaction, the total reported balance is 791.703 share credits. These credits represent the right to receive an equivalent number of ERIE Class A common shares upon retirement or separation, with no stated exercise or expiration dates attached.

Is this ERIE Form 4 a market buy or sell of common stock?

No, this Form 4 reflects a non-market, plan-based adjustment. The share credits were acquired through dividend reinvestment under ERIE’s Incentive Compensation Deferral Plan, rather than an open-market purchase or sale of Class A common stock.