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Erie Indemnity (ERIE) director gains 39.474 deferred share credits

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hudson Brian Arden Sr.

(Last) (First) (Middle)
4741 GREAT OAK LANE

(Street)
HARRISBURG PA 17110

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ERIE INDEMNITY CO [ ERIE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/31/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 295 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Directors' Deferred Compensation Share Credits $0(1) 01/31/2026 J(2) 39.474 (3) (3) Class A Common Stock 39.474 $283.01 3,305.818 D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
2. Acquired under Directors' Deferred Compensation Plan.
3. 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.
Remarks:
Rebecca A. Buona, Power of Attorney 02/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

How many deferred share credits does Hudson hold after this Erie (ERIE) Form 4 filing?

Following the reported transaction, Hudson directly holds 3,305.818 Directors' Deferred Compensation Share Credits. Each credit represents the right to receive one Erie Indemnity Class A common share when his service as a director ends, with no set expiration date.

What are Directors' Deferred Compensation Share Credits at Erie Indemnity (ERIE)?

These share credits are bookkeeping entries granted under Erie Indemnity’s Outside Directors' Stock and Deferred Compensation Plans. They periodically credit directors’ accounts and represent the right to receive an equivalent number of Class A common shares when the director’s board service concludes.

At what price were the Erie Indemnity (ERIE) deferred share credits recorded in this transaction?

The 39.474 Directors' Deferred Compensation Share Credits were recorded at $283.01 per share credit. This price is used for accounting of the deferred compensation grant and does not represent a traditional open-market stock purchase by the director.

How many Erie Indemnity (ERIE) Class A common shares does Hudson own directly after the Form 4?

After the reported activity, Hudson directly owns 295 shares of Erie Indemnity Class A common stock. This direct holding is separate from his 3,305.818 deferred share credits, which convert into shares only after his board service ends.

Do the Erie Indemnity (ERIE) deferred share credits reported have an expiration date or exercise price?

The filing states the share credits have no exercisable or expiration dates. The conversion price is described as not applicable because the credits are granted under the Outside Directors' Deferred Compensation Plan, representing future delivery of Class A shares upon service completion.