Erie Indemnity insider reports 410 shares disposed, credits added
Rhea-AI Filing Summary
Erie Indemnity (ERIE) director reported insider activity on 10/21/2025. The filing shows a disposition of 410 Class A common shares. Separately, the director acquired 17.168 Directors’ Deferred Compensation Share Credits (transaction code J) under dividend reinvestment, reflecting a reference price of $325.89 per credit. Following these entries, the director holds 3,997.353 share credits, which convert into an equal number of Class A shares when board service ends.
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Insights
Routine Form 4: small share sale and dividend-based credits.
A director of Erie Indemnity reported disposing of 410 Class A shares and receiving 17.168 Directors’ Deferred Compensation Share Credits via dividend reinvestment (code J). The credits reference a price of $325.89 and mirror deferred compensation mechanics.
These Share Credits are non-tradable entries that convert into the same number of Class A shares when service ends, with no exercisable or expiration dates disclosed. The balance stands at 3,997.353 credits after the transactions.
Given the modest size and administrative nature, this update is typical for director compensation tracking. Actual market impact depends on future decisions and normal trading activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 17.168 | $325.89 | $6K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under dividend reinvestment for 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.