Form 4: Erie Indemnity SVP Buys Shares in 401(k) Plan

Erie Indemnity Co. Senior Vice President, Life, Anthony DaBreo, acquired 3.976 shares of Class A Common Stock through a 401(k) plan.

Summary

• Anthony DaBreo, Senior Vice President, Life at Erie Indemnity Co., reported a change in beneficial ownership.
• The transaction involved the acquisition of 3.976 shares of Class A Common Stock.
• The shares were acquired at a price of $286.65 per share.
• This transaction was a participant-directed acquisition under a 401(k) Plan.
• Following this transaction, Anthony DaBreo directly beneficially owns 852.91 shares of Class A Common Stock.
• The transaction date reported is December 31, 2025.

Sentiment

Score: 6

Explanation: The acquisition of shares by a Senior Vice President, even a small amount through a 401(k) plan, generally indicates a degree of confidence in the company's future prospects.

Positives

• An insider, Senior Vice President Anthony DaBreo, increased his direct beneficial ownership in the company by acquiring 3.976 shares.
• The acquisition was made through a 401(k) plan, indicating a long-term investment perspective.

Stakeholder Impact

• Shareholders: May view insider acquisition as a positive signal of management confidence.

Key Dates

Recommendation

The filing reports a routine, small acquisition of shares by a Senior Vice President through a 401(k) plan. While insider buying can be a positive signal, the small volume and nature of the transaction do not provide sufficient new information to warrant a change from a 'hold' recommendation based solely on this filing.

Keywords

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