Pelkowski Julie Marie 4
Research Summary
AI-generated summary
ERIE (ERIE) EVP & CFO Julie Pelkowski Acquires 2.679 Shares
What Happened
Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Company, was credited with 2.679 share credits on March 31, 2026 at $251.31 per share, a total value of approximately $673. The Form 4 lists the transaction as an "Other acquisition or disposition (J)" and the shares are Share Credits under Erie’s Incentive Compensation Deferral Plan and a participant-directed 401(k) transaction.
Key Details
- Transaction date: 2026-03-31; filing date: 2026-04-01 (appears timely).
- Amount: 2.679 share credits at $251.31 each; total value ≈ $673.
- Transaction code: J (other acquisition/disposition).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes: F1 = participant-directed 401(k) transaction; F2 = conversion price not applicable; F3 = these are Share Credits under the Incentive Compensation Deferral Plan that entitle the holder to receive equivalent Class A shares upon retirement or separation (no exercise/expiration dates).
Context
These are plan-based share credits (deferred compensation) rather than an open-market purchase of immediately deliverable shares. Such entries are typically administrative or deferral-driven and do not necessarily signal the insider’s near-term trading intent. For investors, plan credits are less informative than outright open-market buys or sells.