Cook Cody 4

What Happened

• Cody Cook, Executive Vice President of Erie Indemnity Company (ERIE), acquired 6.634 Share Credits on 2026-01-21 at an attributable price of $279.90 per share, for an aggregate value of about $1,857. The transaction is reported as an "Other acquisition or disposition" (code J) and represents a derivative credit rather than an open-market stock purchase.

Key Details

• Transaction date and price: 2026-01-21 at $279.90 per share (6.634 shares; ~$1,857 total).
• Transaction type/code: Other acquisition/disposition (J) — derivative Share Credits.
• Method: Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan (footnote F2).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F1: Conversion price not applicable to shares granted under the deferral plan.
  • F2: Acquisition via dividend reinvestment into the deferral plan.
  • F3: These Share Credits represent the right to receive equivalent Class A common shares when the employee retires or separates; there are no exercisable or expiration dates.
• Filing timeliness: Report filed 2026-01-23 for a 2026-01-21 transaction (filed within the typical 2-business-day Form 4 window).

Context

• These Share Credits are a deferred compensation/award construct, not an immediate share purchase — they entitle the holder to receive shares later (e.g., at retirement or separation) and are not exercisable options.
• The dollar value is modest (~$1.9k), so this is a routine compensation-related credit rather than a large insider buy or sale.
• No 10b5-1 plan, tax-withholding sale, or immediate disposition is indicated in the filing.