NECASTRO TIMOTHY G 4

What Happened Timothy G. NeCastro, President & CEO of Erie Indemnity Company (ERIE), reported a gift of 2,039 shares (reported as disposed) on March 18, 2026. The filing shows a transaction price of $0.00 and a reported disposition value of $0. The shares are described in the filing as Share Credits under Erie’s Incentive Compensation Deferral Plan rather than immediately transferable stock.

Key Details

• Transaction date: 2026-03-18; Filing date: 2026-03-26 (Form 4 filed 8 days after the transaction).
• Reported transaction: Gift (Code G) of 2,039 shares at $0.00; disposition value reported $0.
• Shares owned after transaction: Not specified in the Form 4.
• Footnotes of note:
  • F1: Gift made to a qualified charitable organization.
  • F2: Conversion price not applicable to shares under the Incentive Compensation Deferral Plan.
  • F3: These are Share Credits that represent the right to receive equivalent Class A shares upon retirement or separation; they have no exercise or expiration dates.
• Timeliness: The Form 4 was filed after the typical 2-business-day window for insider reporting (appears late).

Context Gifts of shares or share credits to charity are common and do not necessarily reflect the insider’s view of the company’s short-term prospects. In this case, the assets involved are Share Credits under an executive deferral plan (not immediate open-market shares), meaning the recipient is entitled to receive actual Class A shares only upon the insider’s retirement or separation per plan terms.