ERIE INDEMNITY CO·4

Mar 16, 3:30 PM ET

Pelkowski Julie Marie 4

Research Summary

AI-generated summary

Updated

Erie Indemnity (ERIE) CFO Julie Pelkowski Receives 286 Deferred Shares

What Happened
Julie Marie Pelkowski, EVP & Chief Financial Officer of Erie Indemnity Company, was credited 285.772 share equivalents (reported as a derivative acquisition) on 2026-03-13 at an attributed price of $246.91 per share, for a reported value of $70,560. This was not an open-market purchase but an allocation under the company’s Incentive Compensation Deferral Plan.

Key Details

  • Transaction date: 2026-03-13; filing date: 2026-03-16 (no indication in the filing that this was late).
  • Reported amount: 285.772 share credits at $246.91 each; total reported value $70,560.
  • Transaction type: Other acquisition (derivative) under code J — Share Credits under the Incentive Compensation Deferral Plan.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes:
    • F1: Conversion price not applicable to shares granted under the Deferral Plan.
    • F2: Shares were credited from an Annual Incentive Plan award.
    • F3: These "Share Credits" represent the right to receive an equivalent number of Class A common shares when the recipient retires or otherwise separates from service; they have no exercise or expiration dates.

Context
Share Credits are a form of deferred compensation — they represent a right to receive shares later rather than an immediate open-market purchase. Such allocations are common for executives as part of compensation and do not, by themselves, indicate near-term buying or selling intent.