Form 4: Erie Indemnity Co EVP & CFO Julie Marie Pelkowski Reports Changes in Beneficial Ownership

Sentiment:

SEC Filing Form 4


Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Co, reports acquisition of Class A Common Stock and Incentive Compensation Deferral Plan Share Credits.

Summary

  • On April 22, 2025, Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Co, filed a Form 4 to report changes in beneficial ownership.
  • She acquired Class A Common Stock through dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
  • She also acquired Share Credits under the Erie Indemnity Company Incentive Compensation Deferral Plan, representing the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock upon retirement or separation from service.
  • The price of the Class A Common Stock was $405.3.
  • She acquired 5.95 shares of Class A Common Stock.
  • She acquired 632.826 Share Credits.
  • Following the reported transactions, Ms. Pelkowski beneficially owns 1,772.536 Share Credits.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports routine transactions related to executive compensation and dividend reinvestment.

Positives

  • The acquisition of shares through dividend reinvestment indicates confidence in the company's future performance.

Future Outlook

The 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.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding executive compensation and ownership.

Key Dates

DateDescription
04/22/2025Date of earliest transaction and acquisition of shares and share credits.
04/24/2025Date of signature by Rebecca A. Buona, Power of Attorney.

Keywords

Form 4, Beneficial Ownership, Erie Indemnity Co, Pelkowski, Share Credits, Dividend Reinvestment, Class A Common Stock, Incentive Compensation Deferral Plan

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