Erie Indemnity director acquires rights to 95.655 shares
His deferred credits represent rights to Class A shares when director service ends; his revocable trust separately held 770 shares.
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Rhea-AI Filing Summary
Erie Indemnity Company (ERIE) director Thomas W. Palmer acquired 95.655 Directors' Deferred Compensation Share Credits on October 20, 2026, under dividend reinvestment for the Directors' Deferred Compensation Plan. His direct balance after the transaction was 15,986.011 share credits. Under the Outside Directors' Stock Plan, the credits represent rights to receive an equivalent number of Class A common shares when his director service ends. His revocable trust held 770 Class A shares indirectly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits F1, F2, F3 | 95.655 | $245.935 | $24K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- F2. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- F3. 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.
Key Figures
Key Terms
dividend reinvestment financial
Outside Directors' Stock Plan financial
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