Erie Indemnity (ERIE) EVP receives 224.535 deferred share credits
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company Executive Vice President Sean Dugan reported an internal compensation-related transaction rather than an open-market trade. On March 13, 2026, he received 224.535 Incentive Compensation Deferral Plan share credits, valued at $246.91 per credit, bringing his total plan share credits to 995.872. These share credits give him the right to receive an equivalent number of Class A common shares when he retires or otherwise leaves the company and have no exercise or expiration dates. Following this filing, he also directly holds 278.650 shares of Erie Indemnity Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Dugan Sean
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Incentive Compensation Deferral Plan Share Credits | 224.535 | $246.91 | $55K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Incentive Compensation Deferral Plan Share Credits — 995.872 shares (Direct);
Class A Common Stock — 278.65 shares (Direct)
Footnotes (1)
- Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. Acquired under the Erie Indemnity Company Incentive Compensation Deferral Plan from an Annual Incentive Plan award. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral 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 retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
FAQ
What insider transaction did ERIE Executive Vice President Sean Dugan report?
Sean Dugan reported receiving 224.535 Incentive Compensation Deferral Plan share credits on March 13, 2026. These credits are tied to an Annual Incentive Plan award and represent deferred compensation rather than an open-market stock purchase or sale.
Did Sean Dugan buy or sell Erie Indemnity (ERIE) stock on the market?
The filing does not show any open-market buys or sells. It reports an “other” transaction where 224.535 share credits were acquired under the company’s Incentive Compensation Deferral Plan, along with an updated direct holding of 278.650 Class A common shares.