Erie Indemnity director adds deferred share credits
Erie Indemnity Company director Brian Arden Hudson Sr. reported updated holdings of Class A common stock and deferred share credits.
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Rhea-AI Filing Summary
Erie Indemnity Company director Brian Arden Hudson Sr. reported updated holdings of Class A common stock and deferred share credits. He holds 295 Class A shares directly.
He also acquired 19.273 Directors' Deferred Compensation Share Credits through dividend reinvestment under the Outside Directors' Deferred Compensation Plan, bringing his total deferred share credits to 3,364.566. These share credits represent the right to receive the same number of Class A shares when his board service ends and have no exercise or expiration dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits | 19.273 | $253.85 | $5K |
| 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
Outside Directors' Deferred Compensation Plan financial
Outside Directors' Stock Plan financial
dividend reinvestment financial
FAQ
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What did Erie Indemnity (ERIE) director Brian Hudson report in this Form 4?
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