Datesh LuAnn 4
Research Summary
AI-generated summary
Erie Indemnity Director LuAnn Datesh Acquires 21.505 Shares
What Happened LuAnn Datesh, a director of Erie Indemnity Company (ERIE), recorded an acquisition on Jan 21, 2026 of 21.505 share-equivalents (Share Credits) at an implied price of $279.90 per share, total value ≈ $6,019. The transaction is reported as an "Other acquisition" (derivative) and reflects credits under the company's Outside Directors' Deferred Compensation/Stock Plans — not an open-market stock purchase.
Key Details
- Transaction date: 2026-01-21; filing date: 2026-01-22 (timely).
- Reported transaction: 21.505 shares @ $279.90 per share; total ≈ $6,019.
- Transaction code: J (other acquisition/disposition); listed as a derivative (Share Credits).
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes of note:
- F1: Conversion price not applicable to shares under the Outside Directors' Deferred Compensation Plan.
- F2: Acquired under dividend reinvestment for the Directors' Deferred Compensation Plan.
- F3: These are Share Credits — rights to receive equivalent Class A shares when the director's service ends; no exercise or expiration dates.
Context This is essentially a compensation/deferred‑compensation credit (including dividend reinvestment), not a market buy or sale. Such credits are routine for directors and do not necessarily signal a personal bullish or bearish view. For retail investors, outright purchases by insiders are typically more indicative than deferred-comp credits; this instance is small and appears procedural.