Hudson Brian Arden Sr. 4

What Happened
Brian Arden Sr., a director of Erie Indemnity Company (ERIE), was credited with 39.474 share equivalents on January 31, 2026. The report values those share credits at $283.01 each for a total of $11,172. This was an acquisition via a deferred compensation arrangement (reported as an "other acquisition" — code J), not an open-market stock purchase.

Key Details

• Transaction date and price: 2026-01-31; 39.474 share credits @ $283.01 each (total $11,172).
• Transaction type: Other acquisition (J) — derivative share credits under directors’ plans.
• Plan/footnotes: Acquired under the Directors' Deferred Compensation Plan; these are Share Credits under the Outside Directors' Stock Plan (F2, F3). Conversion price not applicable (F1).
• Shares owned after transaction: Not reported on this Form 4.
• Filing timeliness: Report filed 2026-02-02 for a 2026-01-31 transaction; appears timely.

Context
Share Credits represent a right to receive an equivalent number of Erie Indemnity Class A common shares when the director’s service ends; they have no exercise/expiration dates and are not an immediate stock transfer. Such deferred-compensation credits are routine for outside directors and do not necessarily indicate a near-term market action (buy/sell) by the insider.