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Erie Indemnity (ERIE) director gains 14.375 deferred share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Erie Indemnity Company director Salvatore Correnti reported a routine equity compensation update. On January 21, 2026, he acquired 14.375 Directors' Deferred Compensation Share Credits under the company’s Outside Directors' Deferred Compensation Plan through dividend reinvestment at a reference price of $279.9 per credit. These share credits represent the right to receive an equivalent number of Class A common shares when his board service ends and do not have traditional exercise or expiration dates.

Following this transaction, Correnti holds 2,686.654 deferred share credits and 320 shares of Erie Indemnity Class A common stock directly.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Correnti Salvatore

(Last) (First) (Middle)
114 OLYMPUS WAY

(Street)
JUPITER FL 33477

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ERIE INDEMNITY CO [ ERIE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/21/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 320 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Directors' Deferred Compensation Share Credits $0(1) 01/21/2026 J(2) 14.375 (3) (3) Class A Common Stock 14.375 $279.9 2,686.654 D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
2. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
3. 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.
Remarks:
Rebecca A. Buona, Power of Attorney 01/22/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ERIE director Salvatore Correnti report?

Salvatore Correnti, a director of Erie Indemnity Company (ERIE), reported acquiring 14.375 Directors' Deferred Compensation Share Credits on January 21, 2026 under the company’s Outside Directors' Deferred Compensation Plan.

How many Erie Indemnity deferred share credits does the ERIE director hold after the transaction?

After the reported transaction, Salvatore Correnti holds 2,686.654 Directors' Deferred Compensation Share Credits, each representing the right to receive one Erie Indemnity Class A common share when his board service ends.

What price was used for the ERIE deferred compensation share credits?

The 14.375 Directors' Deferred Compensation Share Credits were credited using a reference price of $279.9 per credit, as part of dividend reinvestment in the Directors' Deferred Compensation Plan.

Does the ERIE director’s deferred compensation have an exercise or expiration date?

The filing states that these Share Credits have no exercisable or expiration dates. They represent the right to receive an equivalent number of Erie Indemnity Class A common shares when the director’s service with the company ends.

How many Erie Indemnity Class A common shares does the ERIE director own directly?

In addition to deferred share credits, Salvatore Correnti directly holds 320 shares of Erie Indemnity Company Class A common stock following the reported transaction.

What is the nature of the ERIE director’s transaction code J on the Form 4?

The derivative transaction is coded “J”, and the footnotes explain that the 14.375 share credits were acquired under dividend reinvestment for the Directors' Deferred Compensation Plan.

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