Form 4: Erie Indemnity SVP Acquires Class A Common Stock
Insider Transaction Report
Anthony DaBreo, Senior Vice President of Life at Erie Indemnity Co., acquired 3.307 shares of Class A Common Stock through a 401(k) plan.
Summary
- Anthony DaBreo, Senior Vice President of Life at Erie Indemnity Co. (ERIE), reported a transaction involving the company's Class A Common Stock.
- The transaction occurred on September 30, 2025, and was a participant-directed acquisition under a 401(k) Plan.
- Mr. DaBreo acquired 3.307 shares of Class A Common Stock at a price of $318.16 per share.
- Following this transaction, Mr. DaBreo directly beneficially owns 842.452 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to an insider purchase, indicating management's confidence. However, the small transaction size limits the overall impact on sentiment.
Positives
- An insider, Senior Vice President Anthony DaBreo, acquired additional shares of the company's Class A Common Stock, which can signal management confidence in the company's future.
Future Outlook
NA
Industry Context
This filing reports a routine insider stock acquisition, which is a common occurrence in publicly traded companies. It does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders may view the insider purchase as a positive signal of management's belief in the company's value and future performance.
Key Dates
| Date | Description |
|---|---|
| 09/30/2025 | Transaction Date for the acquisition of Class A Common Stock by Anthony DaBreo. |
| 10/01/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed by Rebecca A. Buona, Power of Attorney for Anthony DaBreo. |
Recommendation
holdThe acquisition of a very small number of shares by an insider, even if positive, is generally not significant enough to warrant a change from a 'hold' recommendation for a seasoned investor. It provides a minor positive signal but does not fundamentally alter the investment thesis.
Keywords
Erie Indemnity, ERIE, Insider Transaction, Form 4, Stock Purchase, Anthony DaBreo, 401(k) Plan, Class A Common Stock
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