LUCORE GEORGE R 4

What Happened

• George R. Lucore, a director of Erie Indemnity Company (ERIE), was credited with 39.474 share equivalents on January 31, 2026. The reported per-share value used for reporting was $283.01, totaling about $11,172. The transaction is reported as an "other acquisition or disposition" (code J) and is a derivative award rather than an open-market purchase.

Key Details

• Transaction date: 2026-01-31; Report filed: 2026-02-02 (appears timely).
• Transaction type: Other acquisition (derivative) — 39.474 share credits at $283.01 per share; total value reported ~$11,172.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F2: Acquired under the Directors' Deferred Compensation Plan.
  • F3: These are Share Credits representing the right to receive an equivalent number of Class A common shares when the director's service ends; there are no exercise or expiration dates.
  • F1: Conversion price not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
• No 10b5-1, tax-withholding, or cashless-sale details reported.

Context

• This is an award/credit under a director deferred compensation plan (a common non-cash form of compensation). Share Credits are not immediately tradable shares; they convert to actual Class A shares only upon termination of the director’s service.
• Such credits are routine for outside directors and do not by themselves indicate a buy or sell signal in the open market.