Novacek Jorie L 4

What Happened Jorie L. Novacek, Senior Vice President and Controller of Erie Indemnity Company, was credited with 4.091 Share Credits on Jan 21, 2026 — valued at $279.90 each, totaling about $1,145. This is an acquisition of deferred share credits under the company’s Incentive Compensation Deferral Plan (reported as an "other acquisition" transaction), not an open-market purchase.

Key Details

• Transaction date: January 21, 2026; filing date: January 23, 2026 (timely filing).
• Amount: 4.091 Share Credits at $279.90 per share; total value ≈ $1,145.
• Shares owned after the transaction: not specified in the filing.
• Footnotes:
  • F2: Credits were acquired via dividend reinvestment under the Incentive Compensation Deferral Plan.
  • F3: Share Credits represent the right to receive an equivalent number of Class A common shares when the recipient retires or separates; no exercise or expiration dates.
  • F1: Conversion price not applicable to these deferred shares.
• Transaction type: Reported as code "J" (other acquisition/disposition); securities are derivative Share Credits.

Context These Share Credits are part of a compensation deferral mechanism and will convert into actual Erie Class A shares only upon Novacek’s retirement or separation from service. Because this is a plan-based crediting (not a market purchase), it’s a routine insider compensation event rather than a direct market signal.