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Erie Indemnity (ERIE) director awarded 65 deferred share credits

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Erie Indemnity Company director Salvatore Correnti reported an acquisition of 65 Directors' Deferred Compensation Share Credits on July 31, 2026. These credits, linked to Class A common stock under the Outside Directors' Stock Plan, increased his deferred share credit balance to 2,867.147. Each Share Credit represents the right to receive one Class A common share when his board service ends, with no exercisable or expiration dates and no applicable conversion price.

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Insider Correnti Salvatore
Role Director
Type Security Shares Price Value
Other Directors' Deferred Compensation Share Credits F1, F2, F3 65 $242.04 $16K
Holdings After Transaction: Directors' Deferred Compensation Share Credits — 2,867.147 shares (Direct)
Footnotes (3)
  1. F1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
  2. F2. Acquired under Directors' Deferred Compensation Plan.
  3. 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.
Share credits acquired 65.0000 share credits Directors' Deferred Compensation Share Credits on 2026-07-31
Deferred share credits after transaction 2867.1470 share credits Total Directors' Deferred Compensation Share Credits held directly after acquisition
Underlying Class A shares 65.0000 shares Class A common stock Each Share Credit corresponds to one Erie Indemnity Company Class A common share
Conversion price 0.0000 Conversion price not applicable under the Outside Directors' Deferred Compensation Plan
Directors' Deferred Compensation Plan financial
"Acquired under Directors' Deferred Compensation Plan."
Outside Directors' Stock Plan financial
"pursuant to its Outside Directors' Stock Plan."
Share Credits financial
"These Share Credits represent the right to receive"
Class A common stock financial
"equivalent number of shares of Erie Indemnity Company Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

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FAQ

What insider transaction did ERIE director Salvatore Correnti report?
Salvatore Correnti reported acquiring 65 Directors' Deferred Compensation Share Credits on July 31, 2026. The credits were granted under Erie Indemnity Company’s Outside Directors' Stock Plan and increased his total deferred share credits to 2,867.147 held directly after the transaction.

When did ERIE director Salvatore Correnti receive the 65 deferred share credits?
He received the 65 Directors' Deferred Compensation Share Credits on July 31, 2026. This date reflects when the Share Credits were credited to his deferred compensation account as a director of Erie Indemnity Company under its outside director compensation arrangements.

What do ERIE Directors' Deferred Compensation Share Credits represent?
These Share Credits represent the right to receive an equivalent number of Erie Indemnity Company Class A common shares when the director’s service ends. According to the plan, they have no exercisable or expiration dates and function as deferred stock-based compensation for outside directors.

How many ERIE deferred share credits does Salvatore Correnti hold after this transaction?
After the transaction, Correnti holds 2,867.147 Directors' Deferred Compensation Share Credits directly. This total reflects the newly credited 65 Share Credits plus his prior balance, all under Erie Indemnity’s Outside Directors' Stock Plan for board members.

Is there a conversion or exercise price for ERIE directors' deferred share credits?
The filing states that a conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan. The Share Credits simply convert into an equal number of Class A common shares when the director’s board service concludes, with no set exercise or expiration dates.

What is the underlying security for ERIE Directors' Deferred Compensation Share Credits?
Each Share Credit is tied to Erie Indemnity Company Class A common stock, with 65 underlying Class A shares for this transaction. When the director’s service ends, the Share Credits entitle the holder to receive that equivalent number of Class A shares from the company.
SEC Form 4
FORM 4UNITED 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*
Correnti Salvatore
(Last)(First)(Middle)
114 OLYMPUS WAY
(Street)
JUPITER FLORIDA 33477
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Directors' Deferred Compensation Share Credits$0(1)07/31/2026J(2)65 (3) (3)Class A Common Stock65$242.042,867.147D
Explanation of Responses:
1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
2. Acquired under Directors' Deferred Compensation Plan.
3. 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 Attorney08/03/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR