Erie EVP logs plan-related share transactions
Erie Indemnity Company executive Cody Cook reported routine plan-related share activity.
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Rhea-AI Filing Summary
Erie Indemnity Company executive Cody Cook reported routine plan-related share activity. The filing shows a participant-directed transaction under a 401(k) plan involving 9.487 shares of Class A common stock at $218.93 per share, leaving 1,136.271 shares of common stock held directly.
Cook also holds Incentive Compensation Deferral Plan Share Credits tied to 1,283.642 underlying Class A common shares. These share credits represent the right to receive an equivalent number of Erie Indemnity Class A common shares upon retirement or other separation from service, with no stated exercise or expiration dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 9.487 | $218.93 | $2K |
| holding | Incentive Compensation Deferral Plan Share Credits | -- | -- | -- |
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
Key Terms
401(k) Plan financial
Class A Common Stock financial
Incentive Compensation Deferral Plan financial
FAQ
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What insider activity did ERIE executive Cody Cook report on this Form 4?
Was Cody Cook’s ERIE Form 4 transaction an open-market buy or sell?
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