Form 4: Erie Indemnity Senior VP Acquires Shares Through 401(k) Plan
Insider Trading Report
Anthony DaBreo, Senior Vice President of Life at Erie Indemnity Co., acquired 4.583 shares of Class A Common Stock through a participant-directed 401(k) transaction.
Summary
- Anthony DaBreo, Senior Vice President, Life, at Erie Indemnity Co. (ERIE), acquired 4.583 shares of Class A Common Stock.
- The transaction occurred on July 31, 2025, at a price of $356.24 per share.
- This acquisition was a participant-directed transaction under a 401(k) Plan.
- Following this transaction, Mr. DaBreo directly beneficially owns 837.8 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, small-scale insider transaction through a 401(k) plan, which does not typically indicate significant positive or negative company developments.
Positives
- The acquisition of shares by a Senior Vice President indicates continued participation in the company's equity and retirement plans.
Future Outlook
NA
Industry Context
This is a routine insider transaction for an insurance company executive, reflecting participation in a standard employee benefit plan rather than a strategic market move. It does not provide broader insights into industry trends or competitive dynamics.
Related Party Transactions
- The transaction is a participant-directed acquisition under a 401(k) Plan, which is a standard employee benefit arrangement.
Stakeholder Impact
- Shareholders: Minimal direct impact due to the small volume of shares involved in a routine transaction.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 07/31/2025 | Date of transaction for the acquisition of Class A Common Stock. |
| 08/01/2025 | Date the Form 4 was signed by Rebecca A. Buona, Power of Attorney for the reporting person. |
Keywords
Erie Indemnity, ERIE, Insider Transaction, Form 4, Stock Acquisition, 401(k) Plan, Class A Common Stock, Anthony DaBreo
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