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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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.
How were the new ERIE deferral plan share credits acquired by the CFO?
The 9.335 share credits were acquired through dividend reinvestment in the Erie Indemnity Company Incentive Compensation Deferral Plan, rather than through open-market trading.
What do Erie Indemnity Incentive Compensation Deferral Plan Share Credits represent?
The deferral plan Share Credits represent the right to receive an equivalent number of Erie Indemnity Class A common shares when the executive retires or otherwise separates from service with the company, with no exercisable or expiration dates.
How many ERIE deferral plan share credits does the CFO hold after this transaction?
After the reported transaction, Julie Marie Pelkowski beneficially owned 1,795.968 Incentive Compensation Deferral Plan Share Credits directly under the Erie Indemnity Company Incentive Compensation Deferral Plan.
How many Erie Indemnity Class A shares does the CFO hold directly?
The filing shows that Julie Marie Pelkowski directly held 652.744 shares of Erie Indemnity Class A common stock following the reported activity.
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.