Erie Indemnity (ERIE) director gains 39.474 deferred share credits
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company director Brian Arden Hudson Sr. reported an automatic award of deferred share credits rather than a cash payment. On January 31, 2026, he acquired 39.474 Directors' Deferred Compensation Share Credits at $283.01 each under the company’s Outside Directors' Deferred Compensation Plan.
After this transaction, Hudson directly holds 3,305.818 deferred share credits, each representing the right to receive an equivalent number of Erie Indemnity Class A common shares when his board service ends, plus 295 Class A common shares held directly.
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 | 39.474 | $283.01 | $11K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 3,305.818 shares (Direct);
Class A Common Stock — 295 shares (Direct)
Footnotes (1)
- Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under Directors' Deferred Compensation Plan. 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.
FAQ
What did Erie Indemnity (ERIE) director Brian Arden Hudson Sr. report in this Form 4?
He reported receiving deferred share credits instead of cash fees. On January 31, 2026, Hudson acquired 39.474 Directors' Deferred Compensation Share Credits under Erie Indemnity’s Outside Directors' Deferred Compensation Plan at a reference price of $283.01 per credit.