Form 4: ERIE Director Hartz Boosts Holdings via Deferred Plan

Erie Indemnity Co. Director Charles Scott Hartz increased his direct beneficial ownership of Class A common stock through dividend reinvestment in a deferred compensation plan.

Summary

• Charles Scott Hartz, a Director of Erie Indemnity Co. (ERIE), reported changes in his beneficial ownership.
• He acquired 79.662 Directors' Deferred Compensation Share Credits on October 21, 2025.
• These share credits were obtained through dividend reinvestment under the company's Outside Directors' Deferred Compensation Plan.
• The acquisition price for these share credits was $325.89 each.
• Following this transaction, Hartz directly beneficially owns 18,980.41 Directors' Deferred Compensation Share Credits.
• Hartz also indirectly beneficially owns 1,097.427 shares of Class A Common Stock through the C. Scott Hartz 2005 Delaware Trust.
• The Share Credits represent the right to receive an equivalent number of Erie Indemnity Company Class A common stock shares when the reporting individual's service as a Director ends.

Sentiment

Score: 6

Explanation: The transaction is a routine acquisition of share credits through a dividend reinvestment plan, indicating continued director participation and alignment with shareholder interests, which is generally viewed positively but is not a significant event.

Positives

• Director Charles Scott Hartz increased his direct beneficial ownership in Erie Indemnity Co. by acquiring 79.662 Directors' Deferred Compensation Share Credits.
• The acquisition was part of a dividend reinvestment plan, indicating continued participation and alignment with shareholder interests.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance.

Industry Context

This filing is an insider transaction report (Form 4) and does not provide information related to broader industry trends or competitor analysis.

Related Party Transactions

• Acquisition of share credits by a director under the company's Outside Directors' Deferred Compensation Plan.

Stakeholder Impact

• Shareholders: Increased director ownership may signal continued confidence in the company's prospects.

Key Dates

Recommendation

The filing details a routine acquisition of share credits by a director through a deferred compensation plan's dividend reinvestment. This type of transaction is common and does not typically signal a significant change in the company's fundamental outlook or warrant a change in investment recommendation.

Keywords

ERIE, Erie Indemnity, Charles Scott Hartz, Form 4, insider transaction, director compensation, stock ownership, deferred compensation, dividend reinvestment