Erie Indemnity (ERIE) director awarded 65 deferred compensation share credits
Rhea-AI Filing Summary
Erie Indemnity Company director and 10% owner Elizabeth A. Vorsheck received a grant of 65.0000 Directors' Deferred Compensation Share Credits on July 31, 2026, as a grant or award. These credits, which have no exercise or expiration dates, increase her direct deferred share-credit balance to 14625.8460, alongside substantial indirect Class A and Class B trust and partnership holdings reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Vorsheck Elizabeth A
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Directors' Deferred Compensation Share Credits F1, F2 | 65 | $0.00 | $0.00 |
| holding | Class B Common Stock F3 | -- | -- | -- |
| holding | Class B Common Stock F3 | -- | -- | -- |
| holding | Class B Common Stock F3 | -- | -- | -- |
| 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 — 14,625.846 shares (Direct);
Class B Common Stock — 1,406,808 shares (Indirect, Contingent Beneficiary & Co-Trustee, Trust);
Class B Common Stock — 1,404,000 shares (Indirect, Primary 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 — 3,004,000 shares (Indirect, VEIC Limited Partnership);
Class A Common Stock — 267,081 shares (Indirect, By Elizabeth Vorsheck Trustee Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99);
Class A Common Stock — 372,565 shares (Indirect, By Frank William Hirt 1989/1990 Trust For E. Vorsheck)
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").
- F2. 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.
- F3. 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.
Key Figures
Deferred share credits granted: 65.0000 share credits
Deferred share credits after grant: 14625.8460 share credits
Class B derivative underlying shares: 2808.0000 Class A shares
+3 more
6 metrics
Deferred share credits granted
65.0000 share credits
Directors' Deferred Compensation Share Credits granted to Elizabeth A. Vorsheck on 2026-07-31
Deferred share credits after grant
14625.8460 share credits
Total Directors' Deferred Compensation Share Credits held directly after the transaction
Class B derivative underlying shares
2808.0000 Class A shares
Underlying Class A shares for an indirect Class B Common Stock position
Large Class B derivative position
1404000.0000 Class A shares
Underlying Class A shares for another indirect Class B Common Stock position
Trust Class A holding
324300.0000 Class A shares
Indirect holding via Audrey C. Hirt 1989/1990 Income Trust For E. Vorsheck
VEIC Limited Partnership holding
3004000.0000 Class A shares
Indirect Class A Common Stock held through VEIC Limited Partnership
Key Terms
Directors' Deferred Compensation Share Credits, Outside Directors' Stock Plan, Class B Common Stock, conversion rate
4 terms
Outside Directors' Stock Plan financial
"Share Credits are credited to directors pursuant to its Outside Directors' Stock Plan"
Class B Common Stock financial
"Shares of Class B Common Stock are convertible into Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
conversion rate financial
"Shares of Class B Common Stock are convertible at a conversion rate of 2,400 shares"
Conversion rate is the proportion of items, people or contracts that take a desired action out of the total possible — for example the share of website visitors who make a purchase, or the number of convertible bonds that are exchanged for shares. Investors care because it measures how effectively a business or financial instrument turns opportunity into real outcomes, like sales or share issuance, which directly affects revenue, cash flow and ownership dilution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Erie Indemnity (ERIE) director Elizabeth A. Vorsheck report?
Elizabeth A. Vorsheck received 65.0000 Directors' Deferred Compensation Share Credits on July 31, 2026, as a grant or award. These credits represent the right to receive the same number of Class A common shares when her board service ends and have no expiration date.
Does this Erie Indemnity (ERIE) Form 4 show insider buying or selling in the market?
The filing shows no open-market purchases or sales. It reports an acquisition of 65.0000 deferred compensation share credits as a director grant, along with updates to various direct and indirect holdings, but no transactions coded as market buys or sells.
Were the reported ERIE transactions made under a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not marked as affirmative. The footnotes describe compensation and conversion terms but do not state that these transactions were executed pursuant to a Rule 10b5-1 trading plan.