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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 21.505 | $279.90 | $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.
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.
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.