Form 4: Erie Indemnity Director LuAnn Datesh Reports Acquisition of Share Credits
SEC Form 4 Filing
Director LuAnn Datesh reports acquiring share credits under Erie Indemnity's Directors' Deferred Compensation Plan.
Summary
- LuAnn Datesh, a director of Erie Indemnity Co, filed a Form 4 on November 01, 2024, reporting a transaction that occurred on October 31, 2024.
- The transaction involved the acquisition of 42.466 share credits under the Directors' Deferred Compensation Plan.
- These share credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the director's service ends.
- The price of the derivative security is $448.84.
- Following the reported transaction, Datesh beneficially owns 3,813.207 derivative securities directly.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (director compensation) with no apparent positive or negative implications for the company's financial health or future prospects.
Industry Context
This filing is a routine disclosure related to director compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it relates to director compensation.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of transaction: Acquisition of share credits. |
| 11/01/2024 | Date of Form 4 filing. |
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