Erie Indemnity director gains deferred share credits
Erie Indemnity Company director Salvatore Correnti reported an acquisition of 65 Directors' Deferred Compensation Share Credits on July 31, 2026.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Directors' Deferred Compensation Share Credits F1, F2, F3 | 65 | $242.04 | $16K |
Footnotes (3)
- F1. Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- F2. Acquired under 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
Directors' Deferred Compensation Plan financial
Outside Directors' Stock Plan financial
Class A common stock financial
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