Shine Sarah 4

What Happened

• Sarah Shine, Executive Vice President of Erie Indemnity Company (ERIE), acquired 13.922 Share Credits on January 21, 2026. The notional price was $279.90 per share for a total value of approximately $3,897. The entry is a derivative acquisition under the company's Incentive Compensation Deferral Plan rather than an open-market stock purchase.

Key Details

• Transaction date and price: 2026-01-21 at $279.90 per share (total ~ $3,897).
• Transaction type: "Other acquisition or disposition (J)" — recorded as a derivative acquisition (Share Credits).
• 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: Acquired under dividend reinvestment for the deferral plan.
  • F3: These Share Credits represent the right to receive equivalent Class A shares when the participant retires or separates from service; there are no exercise or expiration dates.
• Filing timeliness: Filed Jan 23, 2026 for a Jan 21 transaction (filed within the typical two-business-day Form 4 window).

Context

• Share Credits are deferred, non-tradable rights to receive company stock later (e.g., at retirement or separation). They do not represent immediately exercisable options or open-market purchases and are generally routine compensatory credits (including dividend reinvestment) rather than an active market signal.