Form 4: Erie Indemnity Senior VP Acquires Additional Shares Through 401(k) Plan

Anthony DaBreo, Senior Vice President of Life at Erie Indemnity Co., acquired 1.79 shares of Class A Common Stock through a participant-directed 401(k) plan transaction.

Summary

• Anthony DaBreo, Senior Vice President, Life, at Erie Indemnity Co. (ERIE), acquired Class A Common Stock.
• The transaction occurred on June 30, 2025.
• A total of 1.79 shares were acquired at a price of $346.79 per share.
• Following this transaction, Anthony DaBreo beneficially owns 833.217 shares of Class A Common Stock directly.
• The acquisition was a participant-directed transaction under a 401(k) Plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by an officer, even a small amount through a 401(k) plan, is generally a positive signal of continued confidence in the company, though its impact is minor due to the routine nature and small volume.

Positives

• An officer, Anthony DaBreo, increased their direct beneficial ownership in the company, albeit a small amount, which can signal confidence.
• The transaction was part of a routine 401(k) plan, indicating consistent participation in employee benefit programs.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This Form 4 filing details a routine insider stock acquisition, which is common across all industries for publicly traded companies as part of employee compensation or benefit plans. It does not provide broader industry trends or competitive insights.

Comparison to Industry Standards

• This document reports a standard insider transaction (Form 4) for an officer acquiring shares through a 401(k) plan. Such transactions are routine and align with typical corporate governance practices for employee stock ownership plans across various industries. No specific comparable companies or projects are mentioned to allow for a detailed comparison of results.

Related Party Transactions

• The transaction is a participant-directed acquisition under a 401(k) Plan, which is a standard employee benefit and not typically considered a related party transaction requiring specific disclosure beyond the Form 4 itself.

Stakeholder Impact

• Shareholders: A very minor increase in insider ownership, potentially signaling continued alignment of management interests with shareholders.
• Employees: The transaction is part of a 401(k) plan, indicating the availability and utilization of employee benefit programs.

Key Dates

Keywords

Erie Indemnity Co., ERIE, Form 4, Insider Transaction, Stock Acquisition, Anthony DaBreo, 401(k) Plan, Class A Common Stock, Officer, Beneficial Ownership