[Form 4] Erie Indemnity Co Insider Trading Activity

Rhea-AI Filing Summary

Erie Indemnity Co. (ERIE) EVP, Secretary & General Counsel Brian W. Bolash filed a Form 4 covering activity on 22 Jul 2025.

• Non-derivative: Form shows a disposition of 445 Class A shares; no transaction price was reported.
• Derivative: Bolash acquired 11.619 share credits in the Incentive Compensation Deferral Plan via dividend reinvestment at an implied $364.10 per credit. Post-transaction, he holds 3,110.869 share credits.
• The share-credit units represent the right to receive an equal number of Class A shares upon retirement or other separation; they have no expiration or exercise date.

The reported transactions are routine, small relative to ERIE’s float and market cap, and do not alter the executive’s control or governance position. No open-market purchases or sales were disclosed.

Insights

Financial Analyst

TL;DR: Minor insider activity—445 shares sold, 11.6 share credits added; negligible impact on valuation or insider-sentiment signals.

The filing combines an automatic dividend reinvestment under ERIE’s deferred-comp plan with a small disposition of Class A shares. The net cash outlay is minimal, and the 445-share sale represents an immaterial fraction of daily volume and insider holdings. Because the derivative credits are non-tradable until separation, they do not reflect an active bullish stance. Overall insider ownership and governance rights remain unchanged, suggesting neutral fundamental impact.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

Bolash Brian W.

(Last) (First) (Middle)

100 ERIE INSURANCE PLACE

(Street)

ERIE PA 16530

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ERIE INDEMNITY CO [ ERIE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP,Secretary,General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock								445	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Incentive Compensation Deferral Plan Share Credits	$0(1)	07/22/2025		J(2)		11.619		(3)	(3)	Class A Common Stock	11.619	$364.1	3,110.869	D

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 Attorney	07/23/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did ERIE insider Brian W. Bolash report in the Form 4?

Sale of 445 Class A shares and acquisition of 11.619 share-credit units under the Incentive Compensation Deferral Plan.

How many ERIE share credits does Bolash now hold?

After the transaction he beneficially owns 3,110.869 share credits that convert to Class A shares upon separation.

Was there an open-market purchase of ERIE stock?

No. The only acquisition was a dividend reinvestment inside the deferred-comp plan.

Is the transaction material to ERIE investors?

Given the small size relative to ERIE’s float, the filing is considered routine with no material impact.

What was the implied price of the share credits acquired?

The filing lists an implied price of $364.10 per share credit.