Erie Indemnity (ERIE) EVP updates 401(k) stock and deferred share credits
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company executive Cody Cook reported a small restructuring-type transaction involving company stock and deferred share credits. A participant-directed transaction under a 401(k) plan covered 5.904 shares of Class A common stock at $251.31 per share, leaving him with 1,126.784 directly held shares. He also holds Incentive Compensation Deferral Plan Share Credits tied to 1,276.289 Class A shares, which he is entitled to receive when he retires or otherwise separates from service, with no exercise price or expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cook Cody
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 5.904 | $251.31 | $1K |
| holding | Incentive Compensation Deferral Plan Share Credits | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,126.784 shares (Direct);
Incentive Compensation Deferral Plan Share Credits — 1,276.289 shares (Direct)
Footnotes (1)
- Participant directed transaction under 401(k) Plan. Conversion price is not applicable to shares granted under 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.
Key Figures
401(k) transaction shares: 5.904 shares
Transaction price: $251.31 per share
Direct Class A holdings after: 1,126.784 shares
+3 more
6 metrics
401(k) transaction shares
5.904 shares
Participant-directed 401(k) transaction on March 31, 2026
Transaction price
$251.31 per share
Price for 5.904 Class A shares in 401(k) transaction
Direct Class A holdings after
1,126.784 shares
Total Class A common stock directly held after transaction
Deferred share credits
1,276.289 underlying shares
Incentive Compensation Deferral Plan Share Credits tied to Class A stock
Exercise price of share credits
$0.00
Exercise price for Incentive Compensation Deferral Plan Share Credits
Restructuring shares
5.904 shares
Shares involved in J-code restructuring-type transaction
Key Terms
Participant directed transaction, Incentive Compensation Deferral Plan Share Credits, Incentive Compensation Deferral Plan, Share Credits
4 terms
Participant directed transaction financial
"Participant directed transaction under 401(k) Plan."
Incentive Compensation Deferral Plan financial
"shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan."
FAQ
What did ERIE executive Cody Cook report in this Form 4 filing?
Cody Cook reported a small restructuring-type transaction involving 5.904 shares of Erie Indemnity Class A common stock and updated holdings of deferred share credits, reflecting administrative changes rather than a clear open-market purchase or sale.