Form 4: Erie Indemnity Executive Cody Cook Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Executive Vice President Cody Cook reports acquiring Class A Common Stock through a 401(k) plan and Incentive Compensation Deferral Plan.
Summary
- Cody Cook, an Executive Vice President at Erie Indemnity Co, filed a Form 4 detailing changes in beneficial ownership.
- On April 30, 2025, Cook acquired 5.765 shares of Class A Common Stock at $358.62 per share through a participant-directed transaction under the 401(k) Plan.
- Cook also holds 1,259.637 Share Credits under the Erie Indemnity Company Incentive Compensation Deferral Plan, which represent the right to receive an equivalent number of Class A common stock upon retirement or separation from service.
- Following these transactions, Cook beneficially owns 1,075.018 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of shares by an executive could be seen as a positive signal, indicating confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
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 ongoing investment in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction where Class A Common Stock was acquired. |
| 05/01/2025 | Date of filing the Form 4. |
Keywords
Form 4, Beneficial Ownership, Erie Indemnity, Class A Common Stock, Executive Vice President, Cody Cook, Incentive Compensation Deferral Plan, 401(k) Plan
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