NECASTRO TIMOTHY G 4

What Happened

• Timothy G. NeCastro, President & CEO of Erie Indemnity Company, was credited 66.764 Share Credits under the Erie Indemnity Company Incentive Compensation Deferral Plan on 2026-01-21. The reporting value for the credited share equivalents is $279.90 each, totaling $18,687. This is a derivative acquisition (Form 4 code J) — a credit under the company's deferred compensation/share credit program, not an open-market stock purchase.

Key Details

• Transaction date: 2026-01-21; Form filed: 2026-01-23 (timely).
• Quantity and value: 66.764 share credits at $279.90 each; total reported value $18,687.
• Transaction type: Derivative "Other acquisition or disposition" (code J); acquired under dividend reinvestment for the deferral plan (footnote F2).
• Shares owned after transaction: Not reported in the provided filing excerpt.
• Footnotes of note:
  • F1: Conversion price not applicable to shares granted under the Deferral Plan.
  • F2: Acquisition occurred via dividend reinvestment into the Deferral Plan.
  • F3: These Share Credits represent the right to receive an equivalent number of Class A common shares when the holder retires or separates from service; they have no exercise or expiration dates.

Context

• These Share Credits are deferred-compensation awards (a bookkeeping credit) rather than immediate purchases of common stock; they convert to actual shares only upon retirement or separation. Such credits are routine for executive compensation and do not necessarily signal a near-term market view. The reported amount ($18.7k) is modest relative to typical insider trades.