Form 4: Erie Indemnity Co. Director Elizabeth Vorsheck Reports Changes in Beneficial Ownership

Director Elizabeth Vorsheck files a Form 4 detailing changes in beneficial ownership of Erie Indemnity Co. stock, including acquisitions and indirect holdings through various trusts.

Summary

• Elizabeth Vorsheck, a director and 10% owner of Erie Indemnity Co., filed a Form 4 with the SEC.
• The filing reports changes in her beneficial ownership of Class A Common Stock and derivative securities related to Class B Common Stock.
• Vorsheck directly owns 69,716 shares of Class A Common Stock.
• She also indirectly owns shares through several trusts, including the Audrey C. Hirt 1989/1990 Income Trust (324,300 shares), the Elizabeth Vorsheck Trustee Elizabeth Vorsheck Revocable Trust U/A DTD 05/03/99 (193,679 shares), the Frank William Hirt 1989/1990 Trust (372,565 shares), the Elizabeth Vorsheck Trustee for the Elizabeth Vorsheck Revocable Trust 5/3/99 (686 shares), and VEIC Limited Partnership (3,000,000 shares).
• She also has indirect ownership of derivative securities related to Class B Common Stock through trusts and the Erie Indemnity Company Deferred Compensation Plan for Outside Directors.
• 42.466 Share Credits were acquired on 07/31/2024 at a price of $0.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing, indicating neutral sentiment. It simply reports changes in beneficial ownership.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a director and significant shareholder.

Key Dates