Erie Indemnity SVP gains deferred share credits
Erie Indemnity Company executive Marc Cipriani, Senior Vice President, acquired 15.064 Incentive Compensation Deferral Plan Share Credits on 2026-07-21 through dividend reinvestment.
Rhea-AI Filing Summary
Erie Indemnity Company executive Marc Cipriani, Senior Vice President, acquired 15.064 Incentive Compensation Deferral Plan Share Credits on 2026-07-21 through dividend reinvestment. This increased his plan-related Share Credits to 2,238.088, each representing the right to receive an equivalent number of Class A common shares upon retirement or separation, with no exercise or expiration dates. He also reports direct ownership of 15,997 shares of Class A common stock. The transaction is not reported as made under a Rule 10b5-1 trading plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits F1, F2, F3 | 15.064 | $215.82 | $3K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F2. Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F3. 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.
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Key Terms
Incentive Compensation Deferral Plan financial
dividend reinvestment financial
Class A common stock financial
FAQ
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