Form 4: ERIE INDEMNITY SVP Buys Stock in 401(k) Plan
Insider Transaction Report
Erie Indemnity's Senior Vice President of Life, Anthony DaBreo, acquired 6.247 shares of Class A Common Stock through a 401(k) plan at $283.01 per share.
Summary
- Anthony DaBreo, Senior Vice President, Life at ERIE INDEMNITY CO, reported a transaction involving Class A Common Stock.
- The transaction occurred on January 31, 2026, and was a participant-directed acquisition under a 401(k) Plan.
- Mr. DaBreo acquired 6.247 shares of Class A Common Stock at a price of $283.01 per share.
- Following this transaction, Mr. DaBreo directly beneficially owns 1,359.157 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive signal. An insider increasing their stake, even through a routine 401(k) transaction, suggests continued confidence in the company's prospects, though the small size limits its overall impact.
Positives
- An insider, Senior Vice President Anthony DaBreo, increased his direct beneficial ownership in the company's Class A Common Stock, which can signal confidence in the company's future prospects.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that insider purchases, even those made through routine employee benefit plans like a 401(k), are generally viewed by the market as a positive signal, indicating management's continued belief in the company's value and future performance. While the transaction size is small, it reflects ongoing alignment of executive interests with shareholder value.
Stakeholder Impact
- Shareholders may view this insider purchase as a minor positive indicator of management's confidence in the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 01/31/2026 | Date of transaction where Anthony DaBreo acquired Class A Common Stock. |
| 02/02/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
Erie Indemnity, ERIE, Anthony DaBreo, Insider Trading, Form 4, Stock Purchase, 401(k) Plan, Class A Common Stock
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