Erie Indemnity (ERIE) EVP acquires 11 shares through 401(k) transaction
Rhea-AI Filing Summary
Executive Vice President Sarah Shine of Erie Indemnity Company reported an other acquisition of 11.051 shares of Class A common stock on July 31, 2026, through a participant directed transaction under a 401(k) Plan at $242.04 per share. Following this transaction, she directly held 568.573 Class A shares.
She also directly holds 2,712.050 Incentive Compensation Deferral Plan Share Credits, each representing the right to receive one Erie Indemnity Class A share upon retirement or other separation from service. These share credits have no exercise or expiration dates.
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Insider Trade Summary
Net Buyer: 11.051 shares
Net Buy
2 txns
Insider
Shine Sarah
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 11.051 | $242.04 | $3K |
| holding | Incentive Compensation Deferral Plan Share Credits F2, F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 568.573 shares (Direct);
Incentive Compensation Deferral Plan Share Credits — 2,712.05 shares (Direct)
Footnotes (3)
- F1. Participant directed transaction under 401(k) Plan.
- F2. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F3. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral 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 retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
Key Figures
Shares acquired: 11.051 shares
Transaction price: $242.04 per share
Direct Class A holdings: 568.573 shares
+1 more
4 metrics
Shares acquired
11.051 shares
Class A common stock acquired via participant directed 401(k) Plan transaction on July 31, 2026
Transaction price
$242.04 per share
Per-share value used for the 401(k) Plan transaction
Direct Class A holdings
568.573 shares
Direct Class A common stock held after the July 31, 2026 transaction
Deferral plan share credits
2,712.050 share credits
Incentive Compensation Deferral Plan Share Credits, each tied to one Class A share
Key Terms
Incentive Compensation Deferral Plan, Share Credits, participant directed transaction, 401(k) Plan
4 terms
Incentive Compensation Deferral Plan financial
"shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan"
participant directed transaction financial
"Participant directed transaction under 401(k) Plan"
401(k) Plan financial
"Participant directed transaction under 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ERIE's Sarah Shine report on July 31, 2026?
Executive Vice President Sarah Shine reported acquiring 11.051 shares of Erie Indemnity Class A common stock through a participant directed 401(k) Plan transaction at $242.04 per share, classified as an other acquisition rather than a standard open-market purchase.