Erie Indemnity (ERIE) EVP gains 11.768 shares in 401(k) plan
Rhea-AI Filing Summary
Cody Cook, Executive Vice President of Erie Indemnity, acquired 11.768 Class A common shares on 2026-07-31 through a participant-directed 401(k) plan transaction at $242.04 per share. Following this, he directly holds 1,159.036 Class A shares. He also has Incentive Compensation Deferral Plan Share Credits linked to 1,292.341 underlying Class A shares, which represent the right to receive an equivalent number of shares upon retirement or separation, with no exercisable or expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11.768 shares
Net Buy
2 txns
Insider
Cook Cody
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 11.768 | $242.04 | $3K |
| holding | Incentive Compensation Deferral Plan Share Credits F2, F3 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,159.036 shares (Direct);
Incentive Compensation Deferral Plan Share Credits — 1,292.341 shares (Direct)
Footnotes (3)
- F1. Participant directed transaction under 401(k) Plan.
- F2. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F3. 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.
Key Figures
Shares acquired: 11.7680 shares
Transaction price: $242.0400 per share
Direct holdings after transaction: 1159.0360 shares
+2 more
5 metrics
Shares acquired
11.7680 shares
Class A common stock acquired on 2026-07-31 via 401(k) participant-directed transaction
Transaction price
$242.0400 per share
Price for the 11.768 Class A shares acquired on 2026-07-31
Direct holdings after transaction
1159.0360 shares
Total direct Class A common stock held by Cody Cook following the acquisition
Underlying shares in deferral plan credits
1292.3410 shares
Underlying Erie Indemnity Class A shares linked to Incentive Compensation Deferral Plan Share Credits
Restructuring shares
11.7680 shares
Shares involved in transaction coded J, classified as restructuring in the summary
Key Terms
participant directed transaction, Incentive Compensation Deferral Plan, Share Credits, select group of management and highly compensated employees
4 terms
participant directed transaction financial
"Participant directed transaction under 401(k) Plan."
Incentive Compensation Deferral Plan financial
"shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan."
select group of management and highly compensated employees financial
"credited to the accounts of a select group of management and highly compensated employees"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ERIE’s Cody Cook report in this Form 4?
Cody Cook reported acquiring 11.768 Erie Indemnity Class A shares on 2026-07-31 via a participant-directed 401(k) plan transaction at $242.04 per share. The transaction is coded as an “other acquisition or disposition” (J) with an acquisition flag.
Does the ERIE Form 4 indicate a Rule 10b5-1 trading plan for Cody Cook’s transaction?
The filing’s Rule 10b5-1 checkbox is marked false, indicating the transaction is not affirmed as made under a Rule 10b5-1 trading plan. Instead, the footnote describes it as a participant-directed 401(k) plan transaction on 2026-07-31.