[Form 4] ERIE INDEMNITY CO Insider Trading Activity
Rhea-AI Filing Summary
ERIE INDEMNITY CO Executive Vice President Cody Cook reported compensation- and plan-related equity positions rather than open-market trades. The filing shows 6.040 shares of Class A common stock in a code J transaction at $213.0700 per share, described as an “other acquisition or disposition” and noted in a footnote as a participant-directed transaction under a 401(k) plan. After this, Cook directly held 1,142.3110 Class A shares.
The report also lists 1,283.6420 Incentive Compensation Deferral Plan Share Credits tied to Class A common stock. Footnotes explain these share credits are periodically credited for a select group of management and highly compensated employees and represent the right to receive an equivalent number of Class A shares when the individual retires or otherwise separates from service, with no exercisable or expiration dates and no applicable conversion price.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 6.04 | $213.07 | $1K |
| holding | Incentive Compensation Deferral Plan Share Credits | -- | -- | -- |
Footnotes (1)
- Participant directed transaction under 401(k) Plan. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. 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.