4//SEC Filing
Hagen Jonathan Hirt 4
Accession 0001628280-26-003045
CIK 0000922621other
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 2:59 PM ET
Size
14.5 KB
Accession
0001628280-26-003045
Research Summary
AI-generated summary of this filing
Erie Indemnity (ERIE) Director Jonathan Hirt Acquires 88 Derivative Shares
What Happened
- Jonathan Hirt, a director of Erie Indemnity Company (ERIE), recorded an other acquisition (code J) of 87.826 derivative shares on 2026-01-21 at an attributable value of $279.90 per share, totaling $24,582. The filing classifies these as derivative Share Credits rather than immediately deliverable Class A shares.
Key Details
- Transaction date and price: 2026-01-21 at $279.90 per share; total value $24,582.
- Quantity: 87.826 derivative shares (reported as Share Credits).
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes: F4 indicates these are Share Credits under the Outside Directors' Stock Plan (rights to receive equivalent Class A shares when director service ends). F3 and F1 appear in the filing set — F3 references dividend reinvestment for directors' plans and F1 notes certain holdings are held by a family member and disclaimed for beneficial ownership.
- Timeliness: Filing date 2026-01-22 for a 2026-01-21 transaction; no late filing is indicated.
Context
- These are derivative Share Credits (not an open-market purchase of shares). Share Credits represent the right to receive shares in the future (typically when a director’s service ends) and have no exercise or expiration date per the plan description. Such plan-driven credits are routine for directors and do not necessarily reflect a near-term change in trading intent.
Insider Transaction Report
Form 4
Hagen Jonathan Hirt
Director
Transactions
- Other
Directors' Deferred Compensation Share Credits
[F2][F3][F4]2026-01-21$279.90/sh+87.826$24,582→ 16,817.524 totalExercise: $0.00→ Class A Common Stock (87.826 underlying)
Holdings
- 223,130
Class A Common Stock
- 200(indirect: By Daughter)
Class A Common Stock
[F1] - 200(indirect: By Son)
Class A Common Stock
[F1] - 1
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (2,400 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying) - 1,170(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (2,808,000 underlying)
Footnotes (5)
- [F1]Held by family member. The Reporting Person disclaims beneficial ownership of these reported securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F2]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- [F3]Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- [F4]The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.
- [F5]Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
Signature
Rebecca A. Buona, Power of Attorney|2026-01-22
Documents
Issuer
ERIE INDEMNITY CO
CIK 0000922621
Entity typeother
Related Parties
1- filerCIK 0001324390
Filing Metadata
- Form type
- 4
- Filed
- Jan 21, 7:00 PM ET
- Accepted
- Jan 22, 2:59 PM ET
- Size
- 14.5 KB