STOCK TITAN
  1. Home
  2. Sec-filings
  3. ERIE
  4. [Form 4] Erie Indemnity Co Insider Trading Activity

Erie Indemnity (ERIE) Insider Gets Routine Dividend Share Credits

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Erie Indemnity Co. (ERIE) filed a Form 4 on 24 Jul 2025 for EVP & Chief Information Officer Srinivasa Parthasarathy.

  • Transaction date: 22 Jul 2025
  • Security: Incentive Compensation Deferral Plan share credits, convertible 1:1 into Class A common stock at separation
  • Action: Automatic dividend reinvestment (Code J, exempt) credited 4.84 share credits
  • Implied price: $364.10 per share credit
  • New total derivative holdings: 1,295.765 share credits (direct)

No non-derivative shares were bought or sold. The transaction is routine, represents <1% of total holdings, and carries minimal market impact.

Positive

  • Executive continues to accumulate equity exposure through deferred share credits, modestly aligning interests with shareholders.

Negative

  • Transaction size is immaterial (~$1.8 k), offering little insight into insider sentiment or future performance.

Insights

TL;DR (Neutral): Small, automatic dividend-reinvestment credit; signals continued alignment but is immaterial to ERIE valuation.

The filing records just 4.84 plan share credits, lifting the executive’s deferred balance to 1,295.765. Because the credit stems from the Incentive Compensation Deferral Plan, it neither reflects discretionary buying nor alters free-float. With a dollar value of roughly $1.8 k, this activity is de minimis relative to ERIE’s average daily volume and market cap. Investors should view it as routine administration rather than a sentiment indicator.

TL;DR (Neutral): Routine plan credit, no governance concerns or signaling value.

Code J transactions are exempt under Rule 16b-3 and typically occur quarterly with dividend cycles. The absence of sales confirms no liquidity event. The cumulative deferred balance reinforces long-term alignment but remains small versus executive compensation totals. No additional governance red flags emerge.

Insider Srinivasa Parthasarathy
Role EVP, Chief Information Officer
Type Security Shares Price Value
Other Incentive Compensation Deferral Plan Share Credits 4.84 $364.10 $2K
Holdings After Transaction: Incentive Compensation Deferral Plan Share Credits — 1,295.765 shares (Direct)
Footnotes (1)
  1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan. 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.
Form 4 Insider Transactions: What Each Field Means →
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*
Srinivasa Parthasarathy
(Last) (First) (Middle)
100 ERIE INSURANCE PLACE
(Street)
ERIE PA 16530
(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Information Officer
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
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
Incentive Compensation Deferral Plan Share Credits (1) 07/22/2025 J(2) 4.84 (3) (3) Class A Common Stock 4.84 $364.1 1,295.765 D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
2. Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
3. 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.
Remarks:
Rebecca A. Buona, Power of Attorney 07/24/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did ERIE insider Srinivasa Parthasarathy buy on 22 Jul 2025?

He acquired 4.84 Incentive Compensation Deferral Plan share credits via dividend reinvestment.

What is the total ERIE share credit balance now held by the executive?

After the transaction, he owns 1,295.765 share credits directly.

Was the ERIE Form 4 transaction open-market or exempt?

The filing shows Code J, an exempt acquisition under a company plan (dividend reinvestment).

Does this Form 4 indicate insider buying sentiment at ERIE?

Not necessarily; it is an automatic, routine credit rather than a discretionary purchase.

How might this Form 4 affect ERIE share price?

Given the small size and exempt nature, the market impact is expected to be negligible.