Erie Indemnity (ERIE) SVP reports small 401(k) share transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity Company Senior Vice President, Life, Anthony DaBreo reported a small participant-directed transaction in the company’s Class A Common Stock under a 401(k) plan. The filing shows 2.308 shares at $213.07 per share, with direct holdings of 911.362 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DaBreo Anthony
Role
Senior Vice President, Life
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 2.308 | $213.07 | $491.77 |
Holdings After Transaction:
Class A Common Stock — 911.362 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares transacted: 2.308 shares
Transaction price: $213.07 per share
Shares held after: 911.362 shares
+1 more
4 metrics
Shares transacted
2.308 shares
Participant-directed 401(k) transaction in Class A Common Stock
Transaction price
$213.07 per share
Price applied to 401(k) participant-directed transaction
Shares held after
911.362 shares
Direct Class A Common Stock holding after transaction
Transaction code
J
Other acquisition or disposition classification
Key Terms
Form 4, Class A Common Stock, participant-directed transaction, 401(k) plan, +1 more
5 terms
Form 4 regulatory
"What did Erie Indemnity (ERIE) executive Anthony DaBreo report on this Form 4?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A Common Stock financial
"reported a small participant-directed transaction in the company’s 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.
participant-directed transaction financial
"reported a small participant-directed transaction in the company’s Class A Common Stock"
401(k) plan financial
"participant-directed transaction under a 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
other acquisition or disposition regulatory
"categorized as an “other acquisition or disposition” rather than a standard market buy or sell."
FAQ
What did Erie Indemnity (ERIE) executive Anthony DaBreo report on this Form 4?
Anthony DaBreo reported a participant-directed transaction in Erie Indemnity Class A Common Stock under a 401(k) plan. The filing records a small movement of shares within his retirement account, rather than an open-market purchase or sale of company stock.