Erie Indemnity director adds deferred share credits

Erie Indemnity Company director Eugene C. Connell reported routine updates to his equity-related holdings.

Rhea-AI Filing Summary

Erie Indemnity Company director Eugene C. Connell reported routine updates to his equity-related holdings. The filing shows his direct ownership of 17,433.246 Class A common shares, plus 2,462.602 shares held by his children, for which he disclaims beneficial ownership under Section 16.

Connell also recorded 19.273 additional Directors' Deferred Compensation Share Credits at a reference price of $253.85 per share through dividend reinvestment under the Outside Directors' Deferred Compensation Plan. This brought his deferred compensation balance to 3,364.568 share credits, representing the right to receive the same number of Class A shares when his board service ends.

Insider Trade Summary

Other: 19.273 shares

Other 3 txns

Insider CONNELL EUGENE C

Role Director

Type	Security	Shares	Price	Value
Other	Directors' Deferred Compensation Share Credits	19.273	$253.85	$5K
holding	Class A Common Stock	--	--	--
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Directors' Deferred Compensation Share Credits — 3,364.568 contracts (Direct); Class A Common Stock — 2,462.602 shares (Indirect, By Children); Class A Common Stock — 17,433.246 shares (Direct)

Footnotes (4)

1. F1. Shares held by Reporting Person's children living in his household. The Reporting Person disclaims beneficial ownership of these reported securities, therefore this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
2. F2. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
3. F3. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
4. F4. 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

New deferred share credits: 19.273 share credits Reference price per credit: $253.85 per share Total deferred share credits after transaction: 3,364.568 share credits +3 more

6 metrics

New deferred share credits 19.273 share credits Directors' Deferred Compensation Share Credits acquired on 2026-04-21

Reference price per credit $253.85 per share Price used for dividend reinvestment calculation

Total deferred share credits after transaction 3,364.568 share credits Directors' Deferred Compensation Share Credits balance after update

Direct Class A share holdings 17,433.246 shares Class A common stock held directly by Connell

Children-held Class A shares 2,462.602 shares Shares held by children; Connell disclaims beneficial ownership

Restructuring-designated shares 19.273 shares Shares in derivative transaction coded as other (J)

Key Terms

Directors' Deferred Compensation Share Credits, Outside Directors' Deferred Compensation Plan, dividend reinvestment, beneficial ownership, +1 more

5 terms

Directors' Deferred Compensation Share Credits financial

"Directors' Deferred Compensation Share Credits were increased by 19.273 units at $253.85."

Outside Directors' Deferred Compensation Plan financial

"Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan."

dividend reinvestment financial

"Acquired under dividend reinvestment for Directors' Deferred Compensation Plan."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

beneficial ownership regulatory

"The Reporting Person disclaims beneficial ownership of these reported securities."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Section 16 regulatory

"Not deemed an admission the Reporting Person is the beneficial owner for the purposes of Section 16."

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Erie Indemnity (ERIE) director Eugene Connell report in this Form 4?

Eugene C. Connell reported updated holdings in Erie Indemnity Class A common stock and directors’ deferred compensation share credits. The filing details his direct and indirect share positions and a small increase in deferred share credits from dividend reinvestment under a board compensation plan.

How many Erie Indemnity Class A shares does Eugene Connell hold directly and indirectly?

Connell reports direct ownership of 17,433.246 Erie Indemnity Class A shares. An additional 2,462.602 shares are held by his children, which he lists as indirect holdings but disclaims beneficial ownership, meaning he does not treat them as his for Section 16 reporting purposes.

What are the Directors' Deferred Compensation Share Credits reported by ERIE’s director?

Directors' Deferred Compensation Share Credits are bookkeeping entries granting Connell the right to receive an equivalent number of Erie Indemnity Class A shares when his board service ends. They accrue under the Outside Directors' Stock Plan and do not have traditional exercise or expiration dates.

How many deferred compensation share credits did Connell add in this Erie Indemnity filing?

Connell added 19.273 Directors' Deferred Compensation Share Credits in this filing. These credits were acquired through dividend reinvestment within the Directors' Deferred Compensation Plan and increased his total deferred share credit balance to 3,364.568 units linked to Class A common stock.

At what price were the new Erie Indemnity deferred share credits calculated for this Form 4?

The 19.273 new Directors' Deferred Compensation Share Credits were valued at a reference price of $253.85 per share. This price is used for calculating the number of credits under the dividend reinvestment feature, not for open-market stock purchases or sales by the director.

Does Eugene Connell have exercisable options or expiration dates on these Erie Indemnity share credits?

The filing states the share credits have no exercisable or expiration dates. Instead, these Directors' Deferred Compensation Share Credits represent a right to receive the same number of Erie Indemnity Class A shares when Connell’s service as a director ends, under the Outside Directors' Stock Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/22/2026 - 11:56 AM EDT Learn about SEC filing dates

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^*

CONNELL EUGENE C

(Last) (First) (Middle)

785 HUNTINGTON DRIVE

(Street)

ERIE PENNSYLVANIA 16505

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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								2,462.602	I	By Children(1)
Class A Common Stock								17,433.246	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(2)	04/21/2026		J(3)		19.273		(4)	(4)	Class A Common Stock	19.273	$253.85	3,364.568	D

Explanation of Responses:

1. Shares held by Reporting Person's children living in his household. The Reporting Person disclaims beneficial ownership of these reported securities, therefore this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.

2. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.

3. Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.

4. 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	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)