Smith Douglas Edward 4
4 · ERIE INDEMNITY CO · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
ERIE EVP Douglas E. Smith Buys 1.032 Shares
What Happened Douglas E. Smith, an Executive Vice President at Erie Indemnity Co. (ERIE), made a small acquisition of company stock on Feb 28, 2026. The Form 4 reports he acquired 1.032 shares at $269.44 per share, a total value of approximately $278. This was recorded as an "other acquisition or disposition" (transaction code J) and represents a purchase (not a sale).
Key Details
- Transaction date: 2026-02-28; Filing date: 2026-03-03 (timely filing)
- Price per share: $269.44; Shares acquired: 1.032; Total value: ~$278
- Transaction code: J (other acquisition/disposition)
- Footnote: F1 — participant-directed transaction under a 401(k) plan
- Shares owned after transaction: not specified in the provided filing
Context This was a participant-directed 401(k) plan transaction, meaning the purchase was made as part of a retirement plan allocation rather than an open-market investment decision by the executive. The dollar amount is very small and generally should not be interpreted as a strong signal about the insider’s view of the company.
Insider Transaction Report
- Other
Class A Common Stock
[F1]2026-02-28$269.44/sh+1.032$278→ 5,163.536 total
Footnotes (1)
- [F1]Participant directed transaction under 401(k) Plan.