ERIE INDEMNITY CO·4

Feb 2, 3:34 PM ET

Smith Douglas Edward 4

Research Summary

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Updated

ERIE EVP Douglas E. Smith Buys 2.58 Shares via 401(k)

What Happened

  • Douglas E. Smith, Executive Vice President of ERIE Indemnity Co. (ERIE), acquired 2.579 shares at $283.01 per share on January 31, 2026, for a total value of approximately $730. The Form 4 records this as an "other acquisition or disposition" (code J) and the transaction was participant-directed under a 401(k) plan. This is a small purchase through a retirement plan rather than an open-market investment decision.

Key Details

  • Transaction date and price: 2026-01-31 — 2.579 shares at $283.01/share.
  • Total value: ≈ $730.
  • Filing date: 2026-02-02 (filed two days after the transaction; appears timely).
  • Shares owned after transaction: Not reported in the provided excerpt.
  • Footnote: F1 — Participant-directed transaction under 401(k) Plan.
  • Transaction code: J (other acquisition/disposition).

Context

  • Participant-directed 401(k) transactions are typically routine (contributions or plan-directed purchases) and do not necessarily reflect a deliberate market view by the insider. This was a modest retirement-plan acquisition, not an option exercise, gift, or open-market trade.