Form 4: Erie Indemnity EVP Acquires Shares via 401(k) Plan

Erie Indemnity's Executive Vice President, Douglas Edward Smith, acquired Class A Common Stock through a participant-directed 401(k) plan.

Summary

• Douglas Edward Smith, Executive Vice President of Erie Indemnity Co. (ERIE), acquired 1.587 shares of Class A Common Stock.
• The transaction occurred on December 31, 2025, at a price of $286.65 per share.
• The acquisition was a participant-directed transaction under a 401(k) Plan, executed pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Mr. Smith directly beneficially owns 5,159.925 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The acquisition of shares by an EVP, even a small amount through a 401(k) plan, indicates a mildly positive insider sentiment, though it's a routine transaction.

Positives

• An Executive Vice President acquiring shares, even in a small amount through a 401(k) plan, can signal continued insider confidence in the company's future.

Future Outlook

NA

Industry Context

This filing reports a routine insider transaction and does not provide broader industry context.

Related Party Transactions

• The transaction was a participant-directed acquisition under a 401(k) Plan, which is a standard employee benefit program.

Stakeholder Impact

• Shareholders may view the insider acquisition, even if small and routine, as a minor positive signal of management's continued belief in the company's value.

Key Dates

Keywords

Erie Indemnity, ERIE, Form 4, Insider Trading, Stock Acquisition, 401(k) Plan, Class A Common Stock, Douglas Edward Smith, Executive Vice President