Erie Indemnity (ERIE) EVP updates 3,519 deferred share credits in Form 4
Rhea-AI Filing Summary
ERIE INDEMNITY CO executive Brian W. Bolash, EVP, Secretary and General Counsel, reported compensation-related activity in a company deferred compensation plan rather than an open-market trade. He received 361.019 Incentive Compensation Deferral Plan Share Credits, tied to a Long Term Incentive Plan award, at a reference value of $227.22 per share credit.
Following this transaction, his deferred account holds 3,519.333 plan share credits, each representing the right to receive an equivalent number of Class A common shares when he retires or otherwise leaves the company. The filing also shows continued direct ownership of 445 Class A common shares, listed as a holding entry without a new purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bolash Brian W.
Role
EVP,Secretary,General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits | 361.019 | $227.22 | $82K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Compensation Deferral Plan Share Credits — 3,519.333 shares (Direct);
Class A Common Stock — 445 shares (Direct)
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F2. Acquired under the Erie Indemnity Company Incentive Compensation Deferral Plan from a Long Term Incentive Plan award.
- 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
New plan share credits: 361.019 share credits
Share credit price: $227.22 per share credit
Total plan share credits after: 3,519.333 share credits
+1 more
4 metrics
New plan share credits
361.019 share credits
Incentive Compensation Deferral Plan transaction on 2026-06-05
Share credit price
$227.22 per share credit
Reported transaction price for plan share credits
Total plan share credits after
3,519.333 share credits
Deferred compensation balance following transaction
Direct Class A shares held
445 shares
Class A Common Stock directly owned after reported holding entry
Key Terms
Incentive Compensation Deferral Plan Share Credits, Incentive Compensation Deferral Plan, Long Term Incentive Plan award, Class A common stock
4 terms
Incentive Compensation Deferral Plan financial
"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."
Long Term Incentive Plan award financial
"Acquired under the Erie Indemnity Company Incentive Compensation Deferral Plan from a Long Term Incentive Plan award."
Class A common stock financial
"receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual retires"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did ERIE (ERIE) executive Brian Bolash report in this Form 4?
Brian W. Bolash reported a compensation-related adjustment, receiving 361.019 Incentive Compensation Deferral Plan Share Credits linked to Erie Indemnity’s Long Term Incentive Plan, plus an updated total of 3,519.333 plan share credits and 445 directly held Class A common shares.
Were there any open-market stock purchases or sales by ERIE (ERIE) in this filing?
No open-market purchases or sales are shown. The Form 4 reflects 361.019 share credits acquired under an Incentive Compensation Deferral Plan and a separate holding line item for 445 Class A common shares, without any reported buy or sell transaction codes.