Erie Indemnity (ERIE) CFO gains 14.189 share credits via plan
Rhea-AI Filing Summary
Erie Indemnity Company EVP & CFO Julie Marie Pelkowski acquired 14.189 Incentive Compensation Deferral Plan Share Credits on July 21, 2026 through dividend reinvestment. These Share Credits entitle her to receive an equivalent number of Class A common shares upon retirement or separation. Following this credit, she holds 2,107.922 share credits in the plan and 672 Class A common shares directly.
Positive
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Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pelkowski Julie Marie
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits F1, F2, F3 | 14.189 | $215.82 | $3K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Compensation Deferral Plan Share Credits — 2,107.922 shares (Direct);
Class A Common Stock — 672 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: 14.189 share credits
Deferred share credits balance: 2,107.922 share credits
Direct Class A shares: 672 shares
3 metrics
Share credits acquired
14.189 share credits
Incentive Compensation Deferral Plan credit on July 21, 2026
Deferred share credits balance
2,107.922 share credits
Total Incentive Compensation Deferral Plan Share Credits after transaction
Direct Class A shares
672 shares
Direct Class A common stock held after reported transactions
Key Terms
Incentive Compensation Deferral Plan, Share Credits, dividend reinvestment
3 terms
Incentive Compensation Deferral Plan financial
"pursuant to its Incentive Compensation Deferral Plan."
dividend reinvestment financial
"Acquired under dividend reinvestment for the Erie Indemnity Company"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ERIE CFO Julie Marie Pelkowski report on this Form 4?
Julie Marie Pelkowski, EVP & CFO of Erie Indemnity, reported acquiring 14.189 Incentive Compensation Deferral Plan Share Credits via dividend reinvestment. After this non-market transaction, she holds 2,107.922 deferred share credits and 672 Erie Indemnity Class A common shares directly.
Was the ERIE Form 4 transaction by Pelkowski an open-market stock purchase or sale?
No. The Form 4 shows an “other acquisition” (code J) of 14.189 Share Credits through dividend reinvestment under the Incentive Compensation Deferral Plan, not an open-market purchase or sale of Erie Indemnity Class A common stock.
Does this ERIE Form 4 indicate use of a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirmative, and the footnotes describe the acquisition as dividend reinvestment under the Incentive Compensation Deferral Plan. The transaction is therefore not reported as executed under a Rule 10b5-1 trading plan.