Erie Indemnity (ERIE) EVP Sean Dugan acquires additional deferred share credits
Rhea-AI Filing Summary
Erie Indemnity Company executive vice president Sean Dugan reported acquiring 8.794 Incentive Compensation Deferral Plan Share Credits on July 21, 2026 through dividend reinvestment under the company’s Incentive Compensation Deferral Plan. These Share Credits represent rights to receive an equivalent number of Class A common shares upon retirement or separation. Following this transaction, Dugan holds 1,306.527 Share Credits under the plan and 278.650 shares of Class A common stock directly.
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dugan Sean
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits F1, F2, F3 | 8.794 | $215.82 | $2K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Compensation Deferral Plan Share Credits — 1,306.527 shares (Direct);
Class A Common Stock — 278.65 shares (Direct)
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- F2. Acquired under dividend reinvestment for 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
Share Credits acquired: 8.794 Share Credits
Deferred Share Credits after transaction: 1,306.527 Share Credits
Direct Class A shares held: 278.650 shares
+1 more
4 metrics
Share Credits acquired
8.794 Share Credits
Incentive Compensation Deferral Plan Share Credits acquired on July 21, 2026 via dividend reinvestment
Deferred Share Credits after transaction
1,306.527 Share Credits
Total Incentive Compensation Deferral Plan Share Credits held by Sean Dugan after the transaction
Direct Class A shares held
278.650 shares
Erie Indemnity Class A common stock directly owned by Sean Dugan as reported
Reference price per Share Credit
$215.8200 per share
Value referenced for the 8.794 Incentive Compensation Deferral Plan Share Credits acquired
Key Terms
Incentive Compensation Deferral Plan, Share Credits, dividend reinvestment, Class A common stock
4 terms
Incentive Compensation Deferral Plan financial
"shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan"
dividend reinvestment financial
"Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation"
Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.
Class A common stock financial
"receive an equivalent number of shares of Erie Indemnity Company Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ERIE executive Sean Dugan report in this Form 4?
Sean Dugan reported acquiring 8.794 Incentive Compensation Deferral Plan Share Credits on July 21, 2026. The acquisition occurred via dividend reinvestment under Erie Indemnity Company’s Incentive Compensation Deferral Plan, linked to the company’s Class A common stock.