DaBreo Anthony 4
Research Summary
AI-generated summary
ERIE SVP Anthony DaBreo Buys 2.55 Shares via 401(k)
What Happened
Anthony DaBreo, Senior Vice President, Life at ERIE INDEMNITY CO (ERIE), acquired 2.55 shares on 2026-02-28 at $269.44 per share, a transaction valued at roughly $687. This was an acquisition (code J) recorded on a Form 4 and reflects a participant‑directed purchase through a 401(k) plan rather than an open‑market trade by the officer personally.
Key Details
- Transaction date and price: 2026-02-28, 2.55 shares at $269.44/share (total ≈ $687).
- Transaction type/code: "Other acquisition or disposition" (code J) — reported as an acquisition.
- Footnote: F1 — Participant directed transaction under 401(k) Plan.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: No late filing flag indicated in the report provided.
Context
Participant‑directed 401(k) purchases are routine payroll/plan transactions and generally reflect allocation choices within an employee retirement plan rather than a direct personal market view. The dollar amount here is small ($~687), so this activity is unlikely to be a material insider signal.