Form 4: ERIE director reports 39.474 share credits; 223,130 Class A held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company (ERIE) reported insider activity by a director. On 10/31/2025, the director acquired 39.474 Directors’ Deferred Compensation share credits under the company’s Outside Directors’ plans; the filing lists a price of $292.64.
After the reported transaction, the director beneficially owns 223,130 Class A common shares directly. Indirect holdings include 200 Class A by a daughter and 200 Class A by a son. Deferred share credits beneficially owned following the transaction total 16,729.698.
The filing notes that Class B common stock is convertible into Class A at a rate of 2,400 Class A per 1 Class B, and lists direct and trust-related Class B interests reflecting this conversion feature.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Hagen Jonathan Hirt
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 39.474 | $292.64 | $12K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Directors' Deferred Compensation Share Credits — 16,729.698 shares (Direct);
Class B Common Stock — 2,400 shares (Direct);
Class B Common Stock — 1,404,000 shares (Indirect, Contingent Beneficiary & Co-Trustee, Trust);
Class A Common Stock — 223,130 shares (Direct);
Class A Common Stock — 200 shares (Indirect, By Daughter)
Footnotes (1)
- Held by family member. The Reporting Person disclaims beneficial ownership of these reported securities and 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. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. Acquired under 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. Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
FAQ
What insider activity did ERIE disclose on this Form 4?
A director acquired 39.474 Directors’ Deferred Compensation share credits on 10/31/2025 at a listed price of $292.64.
Does the conversion feature have expiration or exercise dates?
The filing states there are no exercise or expiration dates associated with the Class B to Class A conversion feature.