Form 4: Erie Indemnity Co. Executive Anthony DaBreo Reports Stock Acquisition

Senior Vice President Anthony DaBreo reports acquiring Class A Common Stock through a 401(k) plan transaction.

Summary

• Anthony DaBreo, a Senior Vice President at Erie Indemnity Co., filed a Form 4 to report changes in beneficial ownership.
• The transaction involved the acquisition of 0.253 shares of Class A Common Stock at a price of $428.07 per share on February 28, 2025, through a participant-directed transaction under the 401(k) Plan.
• Following the reported transaction, DaBreo beneficially owns 822.25 shares of Class A Common Stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The executive's participation in the 401(k) plan is a normal course of business.

Positives

• The acquisition of shares by a company executive can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in the company's 401(k) plan.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares acquired through a standard 401(k) plan.

Key Dates