Pelkowski Julie Marie 4
Research Summary
AI-generated summary
ERIE CFO Julie Pelkowski Receives 2.349 Share Credits
What Happened
- Julie Marie Pelkowski, Executive Vice President & Chief Financial Officer of Erie Indemnity Company (ERIE), was credited 2.349 share equivalents on February 28, 2026. The filing lists a per-share value of $269.44, for a total reported value of approximately $633.
- This was not an open-market purchase but an internal credit under company plans (see footnotes). It represents a right to receive an equivalent number of Class A shares upon retirement or separation, not an immediately tradable stock purchase.
Key Details
- Transaction date and price: 2026-02-28; 2.349 shares at $269.44 per share (total ~$633).
- Shares owned after transaction: Not stated in the filing.
- Footnotes: (F1) Participant-directed transaction under the company 401(k) Plan; (F2) conversion price not applicable to shares under the Incentive Compensation Deferral Plan; (F3) these are Share Credits that convert to Class A shares upon the insider’s separation/retirement and have no exercise/expiration dates.
- Filing timeliness: Report filed 2026-03-03 — within the standard Form 4 reporting window (timely).
Context
- These Share Credits are compensation/deferral plan credits and do not indicate an open-market buy or sell decision. They reflect routine plan activity and the right to receive shares in the future rather than immediately exercisable securities.