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Erie Indemnity (ERIE) director logs 39.474 deferred share credits in Form 4

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

Rhea-AI Filing Summary

Erie Indemnity Company director Salvatore Correnti reported an automatic grant of deferred equity under the company’s director compensation programs. On January 31, 2026, he acquired 39.474 Directors' Deferred Compensation Share Credits at a reference value of $283.01 per share credit.

These share credits are issued under Erie Indemnity’s Outside Directors' Deferred Compensation and Stock Plans and represent the right to receive an equivalent number of Class A common shares when his board service ends, with no set exercise or expiration dates. Following this transaction, Correnti held 2,726.128 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)
01/31/2026
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) 01/31/2026 J(2) 39.474 (3) (3) Class A Common Stock 39.474 $283.01 2,726.128 D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
2. Acquired under 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 02/02/2026
** 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?

Director Salvatore Correnti reported receiving 39.474 Directors' Deferred Compensation Share Credits on January 31, 2026. These credits are part of Erie Indemnity’s Outside Directors’ deferred compensation arrangements and convert into Class A common stock when his board service ends, rather than through traditional option exercises.

How many Erie Indemnity deferred share credits does Correnti hold after this filing?

After the reported transaction, Correnti holds 2,726.128 Directors' Deferred Compensation Share Credits. Each credit represents the right to receive one share of Erie Indemnity Class A common stock when his service as a director ends, with no stated expiration date on these rights.

Did Correnti buy or sell Erie Indemnity Class A common stock in this Form 4?

The Form 4 does not show an open-market buy or sell of Class A common stock. It reports 39.474 deferred share credits acquired under a director compensation plan and lists a direct holding of 320 Class A shares after the transaction as a baseline ownership figure.

What are Erie Indemnity Directors' Deferred Compensation Share Credits?

Directors' Deferred Compensation Share Credits are bookkeeping entries credited to eligible directors under Erie Indemnity’s Outside Directors’ plans. They track the right to receive an equivalent number of Class A common shares when the director leaves the board, instead of delivering stock immediately, and have no exercise or expiration dates.

What does the $283.01 value mean in Correnti’s ERIE Form 4 filing?

The filing shows a value of $283.01 per Directors' Deferred Compensation Share Credit for the 39.474 credits acquired. This figure reflects the reference price used for the grant under the compensation plan, rather than a cash purchase in the open market by the director.

How many Erie Indemnity Class A shares does Correnti hold directly after this report?

Following the reported compensation grant, Correnti is listed as directly holding 320 shares of Erie Indemnity Class A common stock. This amount appears in the non-derivative holdings table and serves as his direct share position after the January 31, 2026 transaction date.
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