Form 4: SVP Acquires ERIE Indemnity Class A Stock via 401(k)
Insider Transaction Report
Anthony DaBreo, Senior Vice President of Life at Erie Indemnity Co., acquired 1.345 shares of Class A Common Stock through a routine 401(k) plan transaction.
Summary
- Anthony DaBreo, Senior Vice President, Life, at Erie Indemnity Co. (ERIE), acquired 1.345 shares of Class A Common Stock.
- The transaction occurred on August 31, 2025, at a price of $354.38 per share.
- This acquisition was a participant-directed transaction under a 401(k) Plan, indicated by transaction code 'J'.
- Following this transaction, Mr. DaBreo directly beneficially owns 839.145 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine, small acquisition of shares by an insider through a 401(k) plan, which is a standard compensation-related transaction and does not indicate a significant shift in company outlook or performance.
Positives
- An insider, Senior Vice President Anthony DaBreo, increased his direct beneficial ownership in the company by acquiring 1.345 shares of Class A Common Stock.
- The acquisition, though small and routine, demonstrates continued participation in the company's equity through a 401(k) plan.
Future Outlook
NA
Industry Context
This routine insider transaction does not provide sufficient information to analyze broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact due to the small, routine nature of the transaction. It may be viewed as a minor positive signal of insider alignment.
Key Dates
| Date | Description |
|---|---|
| 08/31/2025 | Date of transaction for Class A Common Stock acquisition. |
| 09/02/2025 | Date the Form 4 was signed by Rebecca A. Buona, Power of Attorney for Anthony DaBreo. |
Recommendation
holdThis Form 4 reports a routine, small acquisition of shares by a Senior Vice President through a 401(k) plan. Such a transaction is not indicative of significant corporate events or a change in the company's fundamental outlook, and therefore does not warrant a change in investment recommendation.
Keywords
Erie Indemnity, ERIE, Form 4, insider trading, stock acquisition, Anthony DaBreo, 401(k) plan, Class A Common Stock
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