Erie Indemnity (ERIE) CFO boosts deferred share credits via dividend reinvestment
Rhea-AI Filing Summary
Erie Indemnity Company executive Julie Marie Pelkowski, EVP & CFO, reported a routine Form 4 update to her deferred compensation and stock holdings. On January 21, 2026, she acquired 9.335 Incentive Compensation Deferral Plan Share Credits at $279.9 per share credit through dividend reinvestment under the company’s Incentive Compensation Deferral Plan. These share credits give her the right to receive an equivalent number of Erie Indemnity Class A common shares when she retires or otherwise leaves the company, and they do not have exercise or expiration dates.
Following this transaction, Pelkowski beneficially owned 1,795.968 deferral plan share credits and separately held 652.744 shares of Erie Indemnity Class A common stock directly. The filing reflects ongoing participation in a compensation deferral program rather than an open-market buy or sale.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits | 9.335 | $279.90 | $3K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. Acquired under dividend reinvestment for 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.
FAQ
What did ERIE EVP & CFO Julie Marie Pelkowski report on this Form 4?
Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Company (ERIE), reported the acquisition of 9.335 Incentive Compensation Deferral Plan Share Credits on January 21, 2026 under the company’s Incentive Compensation Deferral Plan.
Does this ERIE Form 4 indicate an open-market stock sale or purchase by the CFO?
No. The Form 4 describes dividend reinvestment into deferral plan share credits, a compensation-related adjustment, rather than an open-market stock purchase or sale.