Erie Indemnity (ERIE) director reports new deferred share credits, holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity director Jonathan Hirt reports updated holdings and a deferred share credit grant. On 01/31/2026 he acquired 39.474 Directors' Deferred Compensation Share Credits at $283.01 each under the Outside Directors' Deferred Compensation Plan, bringing his credited balance to 16,856.998 share credits.
He reports direct ownership of 223,130 shares of Class A common stock and 2,400 shares of Class B common stock, plus indirect Class A holdings through family members and trusts. Footnotes state Class B shares are convertible into Class A shares at a rate of 2,400 Class A shares for each Class B share.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Hagen Jonathan Hirt
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 39.474 | $283.01 | $11K |
| holding | Class B Common Stock | -- | -- | -- |
| 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 | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 16,856.998 shares (Direct);
Class B Common Stock — 2,400 shares (Direct);
Class B Common Stock — 1,404,000 shares (Indirect, Contingent Beneficiary & Co-Trustee, Trust (#1));
Class A Common Stock — 223,130 shares (Direct);
Class A Common Stock — 200 shares (Indirect, By Daughter)
Footnotes (1)
- Held by family member. The Reporting Person disclaims beneficial ownership of these reported securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose. 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. 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 insider activity did Erie Indemnity (ERIE) report for director Jonathan Hirt?
Erie Indemnity reported that director Jonathan Hirt received 39.474 deferred compensation share credits at $283.01 each. The filing also updates his direct and indirect holdings in Class A and Class B shares, including family and trust-related interests.
How are Jonathan Hirt’s family and trust holdings in Erie Indemnity classified?
The filing lists 200 Class A shares held by his daughter and 200 by his son as indirect, with a disclaimer of beneficial ownership. It also shows indirect Class B interests where Hirt is a contingent or primary beneficiary and co-trustee of several trusts holding convertible shares.