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ERIE Form 4: Director accrues 39.474 deferred share credits

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

Rhea-AI Filing Summary

Erie Indemnity (ERIE) reported a routine insider transaction by a director under the company’s deferred compensation program. On 10/31/2025, the director acquired 39.474 Directors’ Deferred Compensation Share Credits (transaction code J) at a reference price of $292.64 per credit under the Directors’ Deferred Compensation Plan.

These share credits represent the right to receive an equivalent number of Class A common shares when the director’s service ends, and they have no exercisable or expiration dates. Following the transaction, the director beneficially owned 2,672.279 derivative share credits directly. The filing also shows 320 Class A shares beneficially owned directly after the reported transactions.

Positive

  • None.

Negative

  • None.

Insights

Routine director share-credit accrual; administrative and neutral.

A director received 39.474 deferred compensation share credits on 10/31/2025 under Erie Indemnity’s plan (code J). These credits track the value of Class A shares and convert into the same number of shares when board service ends. The reference price listed is $292.64 per credit.

The credits have no exercisable or expiration dates, aligning with long-term compensation design. After this accrual, total derivative share credits directly owned are 2,672.279; non-derivative holdings shown are 320 Class A shares. This is a standard compensation mechanism; actual market impact depends on future delivery timing at service end.

Insider Correnti Salvatore
Role Director
Type Security Shares Price Value
Other Directors' Deferred Compensation Share Credits 39.474 $292.64 $12K
holding Class A Common Stock -- -- --
Holdings After Transaction: Directors' Deferred Compensation Share Credits — 2,672.279 shares (Direct); Class A Common Stock — 320 shares (Direct)
Footnotes (1)
  1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under Directors' Deferred Compensation Plan. 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.
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Form 4 Insider Transactions: What Each Field Means →
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)
1408 MAINSAIL CIRCLE
(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)
10/31/2025
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) 10/31/2025 J(2) 39.474 (3) (3) Class A Common Stock 39.474 $292.64 2,672.279 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 11/03/2025
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did Erie Indemnity (ERIE) disclose in this Form 4?

A director acquired 39.474 Directors’ Deferred Compensation Share Credits on 10/31/2025 under the company’s plan (code J).

What are Directors’ Deferred Compensation Share Credits at ERIE?

They represent the right to receive an equivalent number of Class A shares when the director’s service ends, with no exercisable or expiration dates.

How many derivative share credits does the director now hold?

Beneficial ownership following the transaction is 2,672.279 share credits, held directly.

What was the listed price for the share credits?

The filing lists a price of $292.64 per credit tied to the 10/31/2025 accrual.

Did the filing show any Class A shares owned directly?

Yes, it shows 320 Class A common shares beneficially owned directly after the reported transactions.

What transaction code was used and what does it indicate?

Code J, indicating an acquisition under the Directors’ Deferred Compensation Plan.