Erie Indemnity Company (ERIE) CFO adds stock through 401(k) plan move
Rhea-AI Filing Summary
Erie Indemnity Company EVP & CFO Julie Marie Pelkowski reported acquiring 3.3940 shares of Class A common stock on July 31, 2026 at $242.0400 per share through a participant-directed transaction under a 401(k) Plan, bringing her direct holdings of this stock to 675.3940 shares. She also reports 2,107.9220 Incentive Compensation Deferral Plan Share Credits, which represent the right to receive an equivalent number of Class A shares upon retirement or separation from the company and have no exercise price or expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3.394 shares
Net Buy
2 txns
Insider
Pelkowski Julie Marie
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 3.394 | $242.04 | $821.48 |
| holding | Incentive Compensation Deferral Plan Share Credits F2, F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 675.394 shares (Direct);
Incentive Compensation Deferral Plan Share Credits — 2,107.922 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: 3.3940 shares
Transaction price per share: $242.0400 per share
Direct Class A holdings after transaction: 675.3940 shares
+2 more
5 metrics
Shares acquired
3.3940 shares
Class A common stock acquired on July 31, 2026 via participant-directed 401(k) transaction
Transaction price per share
$242.0400 per share
Price for the 3.3940 Class A shares acquired on July 31, 2026
Direct Class A holdings after transaction
675.3940 shares
Directly owned Erie Indemnity Class A common stock following the 401(k) acquisition
Deferral plan share credits
2107.9220 share credits
Incentive Compensation Deferral Plan Share Credits linked to Class A common stock
Deferral plan exercise price
$0.0000 per share
Exercise or conversion price for Incentive Compensation Deferral Plan Share Credits
Key Terms
Incentive Compensation Deferral Plan Share Credits, 401(k) Plan, Class A common stock, highly compensated employees
4 terms
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.
Class A common stock financial
"receive an equivalent number of shares of Erie Indemnity Company Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
highly compensated employees financial
"select group of management and highly compensated employees of Erie Indemnity Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did ERIE's CFO report on July 31, 2026?
Erie Indemnity (ERIE) EVP & CFO Julie Pelkowski reported acquiring 3.3940 Class A common shares on July 31, 2026 at $242.0400 per share through a participant-directed transaction under a 401(k) Plan.
Was the ERIE CFO’s July 31, 2026 transaction under a Rule 10b5-1 trading plan?
The report indicates the Rule 10b5-1 trading plan checkbox as not selected, meaning the July 31, 2026 participant-directed acquisition in the 401(k) Plan is not identified as occurring under a Rule 10b5-1 pre-arranged trading plan.