Erie Indemnity director updates deferred share credits
Erie Indemnity Company director Brian Arden Hudson Sr. reported updated holdings in company-related equity instruments.
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Rhea-AI Filing Summary
Erie Indemnity Company director Brian Arden Hudson Sr. reported updated holdings in company-related equity instruments. He now directly holds 295 Class A common shares.
He also recorded an additional 39.475 Directors' Deferred Compensation Share Credits at $253.6300 each under the Outside Directors' Deferred Compensation Plan, bringing his deferred share credits balance to 3,345.293. These share credits represent the right to receive an equivalent number of Class A common shares when his board service ends and have no exercisable or expiration dates. The filing does not show any open‑market buying or selling, only compensation-related adjustments and updated holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 39.475 | $253.63 | $10K |
| 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 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 did ERIE director Brian Arden Hudson Sr. report in this Form 4?
Are ERIE director Hudson’s reported transactions open-market buys or sells?
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