Erie Indemnity director holds 20,118.717 credits, 10,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity (ERIE) reported an insider transaction by Director J. Ralph Borneman, Jr. He acquired 39.474 Directors' Deferred Compensation Share Credits on 10/31/2025, coded J under the company’s directors’ plan, at a price of $292.64 per credit. After this transaction, he beneficially owned 20,118.717 derivative share credits directly. He also reports 10,000 shares of Class A common stock held indirectly via the J. Ralph Borneman, Jr. Revocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
BORNEMAN J RALPH JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 39.474 | $292.64 | $12K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 20,118.717 shares (Direct);
Class A Common Stock — 10,000 shares (Indirect, J. Ralph Borneman, Jr. TTEE J. Ralph Borneman, Jr. Revocable Trust DTD 02/16/2015)
Footnotes (1)
- Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under 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 director J. Ralph Borneman, Jr. report on Form 4?
He acquired 39.474 Directors' Deferred Compensation Share Credits on 10/31/2025, coded J under the directors’ plan at $292.64 per credit.
What does transaction code J indicate for this ERIE Form 4?
Code J denotes a transaction under the applicable plan as disclosed; here, under the directors’ compensation plan.