Erie Indemnity (ERIE) director boosts deferred share credits stake
Rhea-AI Filing Summary
Erie Indemnity Company director LuAnn Datesh increased her deferred equity position through a routine plan-related transaction. On January 21, 2026, she acquired 21.505 Directors' Deferred Compensation Share Credits under the company’s Directors' Deferred Compensation Plan via dividend reinvestment at a reference price of $279.9 per share credit. Following this transaction, she beneficially owns 4,058.332 deferred share credits tied to Erie Indemnity Class A common stock, which are payable in an equivalent number of shares when her board service ends and have no exercisable or expiration dates. She also directly holds 410 shares of Erie Indemnity Class A common stock.
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FAQ
What insider transaction did Erie Indemnity (ERIE) director LuAnn Datesh report?
LuAnn Datesh reported acquiring 21.505 Directors' Deferred Compensation Share Credits on January 21, 2026 under Erie Indemnity Company’s Directors' Deferred Compensation Plan.
How many deferred share credits does LuAnn Datesh now hold at Erie Indemnity (ERIE)?
After the reported transaction, LuAnn Datesh beneficially owns 4,058.332 Directors' Deferred Compensation Share Credits linked to Erie Indemnity Class A common stock.
What is the nature of the derivative security in this Erie Indemnity (ERIE) Form 4?
The derivative security is Directors' Deferred Compensation Share Credits, which represent the right to receive an equivalent number of Erie Indemnity Class A common shares when the director’s service ends and have no exercisable or expiration dates.
At what price were the Erie Indemnity (ERIE) deferred share credits recorded for LuAnn Datesh?
The 21.505 share credits were credited at a reference price of $279.9 per share credit under the Directors' Deferred Compensation Plan’s dividend reinvestment feature.
How many Erie Indemnity (ERIE) Class A shares does LuAnn Datesh hold directly?
In addition to deferred share credits, LuAnn Datesh directly holds 410 shares of Erie Indemnity Company Class A common stock.
Was this Erie Indemnity (ERIE) Form 4 transaction related to a dividend reinvestment plan?
Yes. The filing notes that the 21.505 Directors' Deferred Compensation Share Credits were acquired under dividend reinvestment for the Directors' Deferred Compensation Plan.