ERIE insider adds 39.474 deferred share credits; 14,224.565 held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity (ERIE) reported an insider Form 4 showing a Director and 10% Owner acquired 39.474 Directors' Deferred Compensation Share Credits on 10/31/2025 at $0. These credits entitle the holder to receive the same number of Class A common shares when board service ends and have no exercise or expiration dates.
Following the transaction, the insider directly held 14,224.565 share credits and owned Class A stock in multiple capacities, including 69,716 shares (direct) and indirect holdings such as 3,000,000 shares via VEIC Limited Partnership and 324,300 shares via a trust. The filing also notes Class B shares are convertible into Class A at a ratio of 2,400:1.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Vorsheck Elizabeth A
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Directors' Deferred Compensation Share Credits | 39.474 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 14,224.565 shares (Direct);
Class B Common Stock — 2,808 shares (Indirect, Contingent Beneficiary & Co-Trustee, Trust);
Class A Common Stock — 324,300 shares (Indirect, By Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck);
Class A Common Stock — 69,716 shares (Direct)
Footnotes (1)
- Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "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. Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
FAQ
What did ERIE’s insider report on this Form 4?
A Director and 10% Owner acquired 39.474 deferred compensation share credits on 10/31/2025 at $0 under the Outside Directors' plan.
What are the insider’s reported Class A common stock holdings?
Reported holdings include 69,716 shares (direct) and indirect positions such as 3,000,000 via VEIC Limited Partnership and 324,300 via a trust.