Srinivasa Parthasarathy 4

What Happened

• Srinivasa Parthasarathy, EVP and Chief Information Officer of Erie Indemnity Company, was credited with 6.799 Share Credits on 2026-01-21. The reported unit price was $279.90, for a total reported value of $1,903. This was an "other acquisition" (transaction code J) reported as a derivative acquisition under the company's Incentive Compensation Deferral Plan.

Key Details

• Transaction date and price: 2026-01-21 at $279.90 per share (6.799 units; $1,903 total).
• Transaction type: Derivative acquisition / Share Credits (code J) — not an open-market purchase.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes of note:
  • F2: Acquired under dividend reinvestment for the Incentive Compensation Deferral Plan.
  • F3: These Share Credits represent the right to receive an equivalent number of Class A common shares upon retirement or separation; there are no exercisable or expiration dates.
  • F1: Conversion price not applicable to shares granted under the deferral plan.
• Filing: Reported on 2026-01-23 for a 2026-01-21 transaction; the filing shows the transaction and related footnotes (no indication in the form that it was filed late).

Context

• These Share Credits are a form of deferred compensation that entitle the recipient to receive company stock in the future (typically upon separation or retirement). They are not immediate share issuances and do not represent an open-market buy or sale. For most retail investors, such credits are routine compensation-related events rather than a direct signal of the insider buying shares on the open market.