ERIE director adds 39.474 share credits; 770 Class A shares indirect
Erie Indemnity Company reported a Form 4 for Director Thomas W. Palmer reflecting the acquisition of 39.474 Directors' Deferred Compensation Share Credits on 10/31/2025 under the Outside Directors' Deferred Compensation Plan (Transaction Code J).
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Rhea-AI Filing Summary
Erie Indemnity Company reported a Form 4 for Director Thomas W. Palmer reflecting the acquisition of 39.474 Directors' Deferred Compensation Share Credits on 10/31/2025 under the Outside Directors' Deferred Compensation Plan (Transaction Code J).
These share credits represent the right to receive an equivalent number of Class A common shares when board service ends and have no exercisable or expiration dates. After the transaction, Palmer held 15,466.879 share credits directly and 770 Class A shares indirectly via the Thomas W. Palmer Revocable Trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 39.474 | $292.64 | $12K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- F2. Acquired under Directors' Deferred Compensation Plan.
- F3. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock 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's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.
FAQ
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