Shine Sarah 4
Research Summary
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ERIE EVP Sarah Shine Receives Deferred Share Credits
What Happened Sarah Shine, Executive Vice President of ERIE Indemnity Company (ERIE), was credited with 5.518 Share Credits on 2026-03-31 at an attributable value of $251.31 per share, totaling approximately $1,387. The transaction is reported as an "other acquisition or disposition" (code J) — these are deferred Share Credits, not immediately tradable company stock.
Key Details
- Transaction date: 2026-03-31; Filed: 2026-04-01 (timely filing).
- Price/value: $251.31 per share; total value ≈ $1,387.
- Shares credited: 5.518 Share Credits acquired.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 = participant-directed transaction under a 401(k) plan; F2 = conversion price not applicable to shares under the Incentive Compensation Deferral Plan; F3 = Share Credits represent the right to receive an equivalent number of Class A shares upon retirement or separation and have no exercise or expiration dates.
- Transaction code: J (other acquisition/disposition) — reflects a plan/company credit rather than an open-market purchase.
Context These Share Credits are deferred compensation entries under ERIE’s Incentive Compensation Deferral Plan and/or participant-directed 401(k) activity. They do not represent immediately tradeable shares; the right to receive actual shares vests/settles upon the executive’s retirement or separation from service. Such credits are routine plan activity and do not necessarily indicate a change in insider sentiment.