Erie Indemnity Co. (ERIE) director receives 65 deferred share credits
Rhea-AI Filing Summary
Erie Indemnity Co. director Brian Arden Hudson Sr. received 65 Directors' Deferred Compensation Share Credits, each representing the right to receive one Class A common share when his board service ends. After this crediting, he holds 3,454.127 such share credits and 295 Class A shares directly, with no exercise or expiration dates on the credits.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hudson Brian Arden Sr.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits F1, F2, F3 | 65 | $242.04 | $16K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 3,454.127 shares (Direct);
Class A Common Stock — 295 shares (Direct)
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.
Key Figures
Deferred share credits acquired: 65.0000 share credits
Deferred share credits after transaction: 3454.1270 share credits
Direct Class A shares held: 295.0000 shares
3 metrics
Deferred share credits acquired
65.0000 share credits
Directors' Deferred Compensation Share Credits credited to the director
Deferred share credits after transaction
3454.1270 share credits
Total Directors' Deferred Compensation Share Credits held after crediting
Direct Class A shares held
295.0000 shares
Direct holdings of Erie Indemnity Class A common stock
Key Terms
Directors' Deferred Compensation Share Credits, Outside Directors' Deferred Compensation Plan, Outside Directors' Stock Plan, Share Credits
4 terms
Outside Directors' Deferred Compensation Plan financial
"Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan."
Outside Directors' Stock Plan financial
"accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Erie Indemnity (ERIE) report for Brian Arden Hudson Sr.?
Erie Indemnity reported that director Brian Arden Hudson Sr. was credited with 65 Directors' Deferred Compensation Share Credits. These credits entitle him to receive an equivalent number of Class A common shares when his board service with the company ends.
Were the reported ERIE insider transactions made under a Rule 10b5-1 plan?
The document-level Rule 10b5-1 checkbox is not checked, and the footnotes do not reference any trading plan. This indicates the reported deferred compensation share crediting was not carried out under an affirmative Rule 10b5-1 trading arrangement.