Erie Indemnity Insider Filing Shows Minimal Acquisition, Large Ongoing Stake

Rhea-AI Filing Summary

Erie Indemnity Co (ERIE) – Form 4 filed 07/23/2025

Director and ≥10% owner Elizabeth A. Vorsheck reported a small routine acquisition under the company’s Deferred Compensation Plan for Outside Directors. On 07/22/2025, she received 53.201 directors’ deferred-compensation share credits (cash value determined by the closing Class A price on that date). Following the credit, her deferred account holds 14,085.957 share credits, each convertible into one Class A common share when board service ends.

No open-market purchases or sales of Class A or Class B shares were reported. Beneficial ownership remains substantial at 3,960,946 Class A shares (direct & indirect, including trusts and VEIC L.P.) plus contingent interests in Class B shares that are convertible 2,400-for-1 into Class A. Direct ownership is 69,716 shares; the rest is held through multiple family trusts and partnerships.

The transaction is administrative and non-cash, representing dividend reinvestment within an existing plan. Given the size of Vorsheck’s overall stake, the incremental 53 share credits are immaterial to ownership percentage and carry no signaling value for near-term trading.

Insights

Securities Analyst

TL;DR: Routine plan credit; negligible size, no trading signal, confirms large insider stake.

The reported activity adds just 53.201 share credits (≈US$ 9k at $170/sh) through the outside-director deferred plan, leaving total beneficial ownership near 4 million Class A equivalents. Because there is no open-market transaction, price-sensitive information, or change in voting control, the filing is operational rather than strategic. Vorsheck’s continued large holding (≈7% of Class A float) underscores aligned interests but does not alter valuation. Impact on share price or liquidity is therefore neutral.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Vorsheck Elizabeth A

(Last) (First) (Middle)

6252 COMMERCIAL WAY PMB 140

(Street)

BROOKSVILLE FL 34613

(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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/22/2025

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								324,300	I	By Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck
Class A Common Stock								3,000,000	I	VEIC Limited Partnership
Class A Common Stock								686	I	Elizabeth Vorsheck Trustee for the Elizabeth Vorsheck Revocable Trust 5/3/99
Class A Common Stock								193,679	I	By Elizabeth Vorsheck Trustee Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99
Class A Common Stock								69,716	D
Class A Common Stock								372,565	I	By Frank William Hirt 1989/1990 Trust For E. Vorsheck

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)	07/22/2025		A		53.201(2)		(3)	(3)	Class A Common Stock	53.201	$0	14,085.957	D
Class B Common Stock	$0							(4)	(4)	Class A Common Stock	2,808(4)		1,170(4)	I	Contingent Beneficiary & Co-Trustee, Trust
Class B Common Stock	$0(4)							(4)	(4)	Class A Common Stock	1,404,000(4)		585(4)	I	Contingent Beneficiary & Co-Trustee, Trust
Class B Common Stock	$0(4)							(4)	(4)	Class A Common Stock	1,404,000(4)		585(4)	I	Primary Beneficiary & Co-Trustee, Trust

Explanation of Responses:

1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").

2. Acquired pursuant to dividend reinvestment provisions of the Plan. The number of Share Credits credited to the account of the reporting person was determined in accordance with the Plan, based on the closing price of the Class A Common Stock on July 22, 2025.

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.

4. Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.

Remarks:

	Rebecca A. Buona, Power of Attorney	07/23/2025
	** 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

How many Erie Indemnity (ERIE) shares does Elizabeth A. Vorsheck now control?

The Form 4 lists 3,960,946 Class A shares held directly and through various trusts and partnerships, plus 14,085.957 deferred share credits.

What transaction was reported in the July 2025 Form 4 for ERIE?

On 07/22/2025, the director received 53.201 deferred-compensation share credits via dividend reinvestment under the Outside Directors’ Plan.

Was there any sale of ERIE stock by the insider?

No. The filing shows only an administrative acquisition of share credits; no Class A or Class B shares were sold or transferred.

Do the reported share credits have an exercise or expiration date?

No. The credits convert into Class A shares when the director’s board service ends and carry no expiration.

What is the conversion rate between ERIE Class B and Class A shares?

Per the company’s Articles, 1 Class B share converts into 2,400 Class A shares at the holder’s discretion, with no set exercise price.