Erie Indemnity (ERIE) EVP logs participant-directed 401(k) stock move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company executive Douglas Edward Smith reported a small participant-directed 401(k) plan transaction in company stock. On this transaction, dated February 28, 2026, 1.0320 shares of Class A Common Stock were transacted at $269.4400 per share. Following this plan-related activity, Smith directly owns a total of 5,163.5360 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Smith Douglas Edward
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 1.032 | $269.44 | $278.06 |
Holdings After Transaction:
Class A Common Stock — 5,163.536 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did ERIE executive Douglas Edward Smith report?
Douglas Edward Smith reported a small participant-directed 401(k) plan transaction involving Erie Indemnity Class A Common Stock. The filing shows an "other" type transaction under code J, not classified as a traditional open-market buy or sell.
What does the 401(k) footnote mean in Douglas Edward Smith’s ERIE filing?
The footnote states the transaction is a participant-directed transaction under a 401(k) Plan. This indicates the activity occurred within a retirement plan account, reflecting Smith’s plan elections rather than a discretionary open-market trade outside the plan.