Erie Indemnity (ERIE) CFO logs small 401(k) stock purchase and deferral credits
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Erie Indemnity’s executive vice president and chief financial officer, Julie Marie Pelkowski, reported a small participant-directed transaction in the company’s 401(k) plan. On January 31, 2026, she acquired 5.172 shares of Class A common stock at $283.01 per share, bringing her directly held balance to 657.916 shares.
The filing also notes 1,795.968 Incentive Compensation Deferral Plan Share Credits, which represent the right to receive an equivalent number of Class A shares when she retires or otherwise leaves the company. These share credits have no exercise or expiration dates and are part of a deferred compensation program for select management and highly compensated employees.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pelkowski Julie Marie
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 5.172 | $283.01 | $1K |
| holding | Incentive Compensation Deferral Plan Share Credits | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 657.916 shares (Direct);
Incentive Compensation Deferral Plan Share Credits — 1,795.968 shares (Direct)
Footnotes (1)
- Participant directed transaction under 401(k) Plan. Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan. The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral 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 retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
FAQ
What insider transaction did ERIE’s EVP & CFO report on January 31, 2026?
Erie Indemnity’s EVP & CFO, Julie Marie Pelkowski, reported acquiring 5.172 shares of Class A common stock on January 31, 2026. The participant-directed transaction occurred under the company’s 401(k) plan at a price of $283.01 per share.
Does the reported Erie Indemnity transaction involve stock options or warrants?
The transaction does not involve stock options or warrants. It reflects a participant-directed 401(k) purchase of Class A common stock and the reporting of existing Incentive Compensation Deferral Plan Share Credits, which have no conversion price or expiration date.