ERIE insider reports 64.843 plan share credits; 770 shares indirect
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company reported an insider update: a director acquired 64.843 Directors' Deferred Compensation Share Credits on 10/21/2025 under the company’s dividend reinvestment feature for the Outside Directors' Deferred Compensation Plan. The filing lists a transaction code “J” and a reference price of $325.89.
Following the transaction, the director directly holds 15,427.405 share credits. Separately, 770 shares of Class A common stock are held indirectly by the Thomas W. Palmer Revocable Trust. The share credits represent the right to receive an equivalent number of Class A shares when the director’s service ends, and they do not have exercisable or expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Palmer Thomas W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 64.843 | $325.89 | $21K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 15,427.405 shares (Direct);
Class A Common Stock — 770 shares (Indirect, By Thomas W. Palmer Revocable Trust)
Footnotes (1)
- Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan. 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.
FAQ
What did ERIE disclose in this Form 4?
A director acquired 64.843 Directors' Deferred Compensation Share Credits on 10/21/2025 via dividend reinvestment under the plan.
Is there any indirect ownership disclosed?
Yes. The filing lists 770 Class A common shares held indirectly by the Thomas W. Palmer Revocable Trust.
What does transaction code 'J' indicate here?
It denotes an acquisition under the plan, specifically via dividend reinvestment per the filing’s explanation.