[Form 4] Erie Indemnity Co Insider Trading Activity

Rhea-AI Filing Summary

WesBanco, Inc. (WSBC) – Form 4 filing (06/05/2025)

Senior EVP & Chief Risk Officer Michael L. Perkins reported multiple same-day transactions in WesBanco common stock:

• Acquisition: 1,198 shares acquired at $0 cost (likely restricted-stock vesting or similar, code A).
• Dispositions for tax withholding (code F): 147 sh at $32.07, 189 sh at $31.44, and 2,255 sh at $32.13.

Net result: direct ownership decreased by 1,393 shares to 56,351.737 shares. He also holds 3,095.861 shares indirectly via the 401(k) plan, for total beneficial ownership of roughly 59,447.6 shares.

No derivative securities were reported. The sales appear routine and primarily tax-related; there is no indication of a broader change in investment stance.

Insights

Insider Trading Analyst

TL;DR Routine tax-withholding sales; insignificant relative to issuer’s float, limited signalling value.

The Form 4 shows Mr. Perkins netting out 1.4 k shares (≈2.3 % of his prior direct holdings). Code F denotes shares surrendered to cover withholding on vested equity awards—a common, nondiscretionary mechanism. The small size and $31-32 prices align with recent WSBC market levels, suggesting no valuation statement. Total ownership remains above 56 k shares directly, plus 3 k in the 401(k), indicating continued alignment with shareholders. From a governance and sentiment perspective, the filing is neutral; it doesn’t materially affect float, liquidity, or strategic outlook.

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
Estimated average burden
hours per response:			0.5

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^*

BORNEMAN J RALPH JR

(Last) (First) (Middle)

17 E. PHILADELPHIA AVENUE

PO BOX 584

(Street)

BOYERTOWN PA 19512

(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		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								10,000	I	J. Ralph Borneman, Jr. TTEE J. Ralph Borneman, Jr. Revocable Trust DTD 02/16/2015

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		J(2)		75.123		(3)	(3)	Class A Common Stock	75.123	$364.1	19,955.523	D

Explanation of Responses:

1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.

2. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.

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.

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 WesBanco (WSBC) shares did Michael Perkins acquire?

He acquired 1,198 shares on 06/05/2025 at no cost (likely RSU vesting).

How many WesBanco shares were sold in the Form 4 filing?

A total of 2,591 shares were surrendered at prices between $31.44 and $32.13 for tax withholding.

What is Michael Perkins' current WesBanco share ownership?

After the transactions he owns 56,351.737 shares directly and 3,095.861 shares indirectly via a 401(k) plan.

Are the reported sales discretionary trades?

The sales are coded F, indicating shares withheld by the company to satisfy tax obligations, not open-market selling.

Did the filing include any derivative securities?

No derivative securities were reported in Table II of the Form 4.