Form 4: Erie Indemnity CFO Reports Routine Stock Acquisition and Deferred Compensation Holdings

Sentiment:

Insider Transaction Report


Erie Indemnity Company's EVP & CFO, Julie Marie Pelkowski, reported the acquisition of Class A Common Stock through a 401(k) plan and updated holdings of deferred compensation share credits.

Summary

  • Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Co. (ERIE), reported changes in her beneficial ownership.
  • Acquired 2.579 shares of Class A Common Stock at a price of $356.24 per share on July 31, 2025, as a participant-directed transaction under a 401(k) Plan.
  • Following this transaction, direct beneficial ownership of Class A Common Stock is 641.254 shares.
  • Holds 1,779.181 Share Credits under the Incentive Compensation Deferral Plan, which represent the right to receive an equivalent number of Class A common stock shares upon retirement or separation from service.
  • These Share Credits have no exercisable or expiration dates and are periodically credited to select management and highly compensated employees.

Sentiment

Score: 6

Explanation: The filing is neutral to slightly positive, reflecting a routine insider transaction where an executive continues to accumulate shares and holds long-term deferred compensation, indicating continued alignment with company performance.

Positives

  • EVP & CFO Julie Marie Pelkowski continues to accumulate Class A Common Stock, indicating ongoing alignment with shareholder interests.
  • The holding of Incentive Compensation Deferral Plan Share Credits demonstrates long-term commitment to the company by a key executive.

Stakeholder Impact

  • Shareholders: Provides transparency on executive stock ownership and alignment with company performance.

Key Dates

DateDescription
07/31/2025Date of transaction for Class A Common Stock acquisition.
08/01/2025Signature date of the filing.

Keywords

Erie Indemnity, ERIE, Form 4, Insider Trading, Stock Acquisition, Deferred Compensation, Executive Compensation, Julie Marie Pelkowski, CFO

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.