HARTZ CHARLES SCOTT 4
4 · ERIE INDEMNITY CO · Filed Feb 2, 2026
Research Summary
AI-generated summary of this filing
ERIE Director Charles Hartz Receives 39.474 Share Credits
What Happened
Charles Scott Hartz, a director of Erie Indemnity Company (ERIE), recorded an acquisition of 39.474 share credits on January 31, 2026. The filing lists this as an "other acquisition or disposition (J)" derivative transaction at an attribution price of $283.01 per share, with a total value of approximately $11,172. These were credited under the company’s directors’ deferred compensation arrangements rather than an open-market purchase.
Key Details
- Transaction date and terms: 2026-01-31 — 39.474 share credits @ $283.01 each (total ~$11,172); transaction code J (other acquisition/disposition).
- Form filed: Accession 0001628280-26-004524, filed 2026-02-02. No late filing flag is indicated.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes of note:
- F2: Shares were acquired under the Directors' Deferred Compensation Plan.
- F3: These "Share Credits" represent the right to receive an equivalent number of Erie Class A shares when the director’s service ends; they have no exercise or expiration dates.
- F1: Conversion price not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
Context
Share credits awarded under deferred compensation plans are a common way companies compensate non-employee directors and do not represent an immediate open-market purchase of stock. These credits convert to actual shares (or equivalent value) later, typically when the director leaves service, so they are more a compensation/accounting mechanism than a direct market signal about the director’s view of the stock.
Insider Transaction Report
- Other
Directors' Deferred Compensation Share Credits
[F1][F2][F3]2026-01-31$283.01/sh+39.474$11,172→ 19,159.151 totalExercise: $0.00→ Class A Common Stock (39.474 underlying)
- 1,097.427(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- [F2]Acquired under Directors' Deferred Compensation Plan.
- [F3]The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.