Erie director updates deferred share credits
Erie Indemnity Company director C. Scott Hartz reported routine updates to his holdings.
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Rhea-AI Filing Summary
Erie Indemnity Company director C. Scott Hartz reported routine updates to his holdings. A trust associated with him held 1,097.427 shares of Class A common stock indirectly. He also recorded 110.609 Directors' Deferred Compensation Share Credits at $253.85 per credit, bringing his deferred share credit balance to 19,309.235. These credits arise under the Outside Directors' Deferred Compensation and Stock Plans and represent rights to receive an equivalent number of Class A shares when his board service ends, with no set exercise or expiration dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 110.609 | $253.85 | $28K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- F2. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- F3. 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.
Key Figures
Key Terms
Outside Directors' Deferred Compensation Plan financial
Outside Directors' Stock Plan financial
FAQ
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What insider activity did ERIE director C. Scott Hartz report on this Form 4?
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