Erie Indemnity director gets deferred share credits
Vorsheck Elizabeth A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Vorsheck Elizabeth A reported acquisition or exercise transactions in this Form 4 filing.
Erie Indemnity director and 10% owner Elizabeth A. Vorsheck received 99.758 Directors' Deferred Compensation Share Credits on July 21, 2026 through dividend reinvestment under the outside directors' plan. These credits entitle her to an equivalent number of Class A shares after board service ends and increase her direct share-credit balance to 14,560.846. Additional indirect positions are reported in Class A and Class B shares held through various trusts and entities, with Class B stock convertible into Class A at a 2,400-to-1 rate.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 99.758 shares
Grant/Award
8 txns
Insider
Vorsheck Elizabeth A
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Directors' Deferred Compensation Share Credits F1, F2, F3 | 99.758 | $0.00 | $0.00 |
| holding | Class B Common Stock F4 | -- | -- | -- |
| holding | Class B Common Stock F4 | -- | -- | -- |
| holding | Class B Common Stock F4 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 14,560.846 contracts (Direct);
Class B Common Stock — 1,406,808 contracts (Indirect, Contingent Beneficiary & Co-Trustee, Trust);
Class B Common Stock — 1,404,000 contracts (Indirect, Primary Beneficiary & Co-Trustee, Trust);
Class A Common Stock — 324,300 shares (Indirect, By Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck);
Class A Common Stock — 3,004,000 shares (Indirect, VEIC Limited Partnership);
Class A Common Stock — 267,081 shares (Indirect, By Elizabeth Vorsheck Trustee Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99);
Class A Common Stock — 372,565 shares (Indirect, By Frank William Hirt 1989/1990 Trust For E. Vorsheck)
Footnotes (4)
- F1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").
- F2. 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 21, 2026.
- 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.
- F4. 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.
Key Figures
Share Credits Acquired: 99.758 Directors' Deferred Compensation Share Credits
Share Credits After Transaction: 14,560.846 share credits
Convertible Underlying Shares 1: 2,808.0000 Class A shares
+5 more
8 metrics
Share Credits Acquired
99.758 Directors' Deferred Compensation Share Credits
Credited on July 21, 2026 via dividend reinvestment under the outside directors' plan
Share Credits After Transaction
14,560.846 share credits
Direct Directors' Deferred Compensation Share Credits held after the July 21, 2026 acquisition
Convertible Underlying Shares 1
2,808.0000 Class A shares
Underlying Class A shares for an indirect Class B Common Stock position
Convertible Underlying Shares 2
1,404,000.0000 Class A shares
Underlying Class A shares for another indirect Class B Common Stock position
Indirect Class A Holdings - Income Trust
324,300.0000 Class A shares
Held by Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck
Indirect Class A Holdings - VEIC LP
3,004,000.0000 Class A shares
Held indirectly through VEIC Limited Partnership
Indirect Class A Holdings - Revocable Trust
267,081.0000 Class A shares
Held by Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99
Indirect Class A Holdings - Frank William Hirt Trust
372,565.0000 Class A shares
Held by Frank William Hirt 1989/1990 Trust For E. Vorsheck
Key Terms
Directors' Deferred Compensation Share Credits, Outside Directors' Stock Plan, dividend reinvestment provisions, conversion rate, +1 more
5 terms
Outside Directors' Stock Plan financial
"credited to the accounts of certain Directors pursuant to its Outside Directors' Stock Plan"
dividend reinvestment provisions financial
"Acquired pursuant to dividend reinvestment provisions of the Plan"
conversion rate financial
"convertible at any time to shares of Class A Common Stock at a conversion rate of 2,400"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
primary beneficiary financial
"nature_of_ownership: Primary Beneficiary & Co-Trustee, Trust"
FAQ
What insider transaction did Erie Indemnity (ERIE) report for Elizabeth A. Vorsheck?
Erie Indemnity reported that Elizabeth A. Vorsheck received 99.758 Directors' Deferred Compensation Share Credits on July 21, 2026. These were credited via dividend reinvestment under the outside directors' plan, bringing her direct share-credit balance to 14,560.846 after the transaction.
What indirect Class A holdings does ERIE insider Elizabeth A. Vorsheck report?
Indirect Class A positions reported include 324,300 shares in an income trust for E. Vorsheck and 3,004,000 shares held by VEIC Limited Partnership. Additional indirect holdings appear in other trusts, reflecting her roles as beneficiary or trustee in those entities.
What Class B derivative positions tied to ERIE Class A stock are disclosed?
Reported derivative positions include Class B shares indirectly held through trusts, with underlying rights to 2,808 and separate positions each tied to 1,404,000 Class A shares. These are shown with a conversion price of $0.0000, consistent with the stated conversion feature.
AI-generated analysis. How Rhea-AI works. Not financial advice.
