ERIE INDEMNITY CO·4

Jan 22, 3:12 PM ET

Hagen Thomas B 4

Research Summary

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Erie Indemnity Director Thomas B. Hagen Acquires 74.737 Shares (Derivative)

What Happened

  • Thomas B. Hagen, a director of Erie Indemnity Company (ERIE), reported an acquisition of 74.737 shares via a derivative transaction on 2026-01-21. The reported price was $279.90 per share for a total value of $20,919. This was recorded as an "Other acquisition or disposition" (SEC code J) and classified as a derivative (not an open-market purchase).

Key Details

  • Transaction date: 2026-01-21; Filing date: 2026-01-22 (timely).
  • Price: $279.90 per share; Total value: $20,919.
  • Shares acquired: 74.737 (derivative).
  • Shares owned after transaction: Not specified in this filing.
  • Notable footnotes: filing includes multiple footnotes about trust and plan holdings (e.g., share credits under the Outside Directors' Stock Plan and various trust/estate disclaimers). The reporting person disclaims beneficial ownership of certain shares except to the extent of pecuniary interest.
  • Transaction code: J = other acquisition/disposition (derivative).

Context

  • A derivative acquisition means the shares were obtained through a non–open-market mechanism (for example, conversion, plan crediting, or similar), not a typical buy on the open market. The filing’s footnotes describe director share credits and trust arrangements but do not specify the exact mechanism for this particular 74.737-share credit.
  • As with all insider filings, this is factual reporting of a transaction and not an explanation of the director’s motives.