ERIE INDEMNITY CO·4

Apr 1, 1:30 PM ET

Smith Douglas Edward 4

Research Summary

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Updated

ERIE EVP Douglas E. Smith Buys 1.15 Shares via 401(k)

What Happened
Douglas E. Smith, Executive Vice President of ERIE Indemnity Co. (ERIE), acquired 1.15 shares at $251.31 per share on March 31, 2026, for a total reported value of $289. This was an acquisition (purchase) recorded as an "other" transaction and appears to be a routine retirement plan contribution rather than an open‑market trade.

Key Details

  • Transaction date and price: 2026-03-31 at $251.31 per share (total ~$289).
  • Shares acquired: 1.15 shares (fractional share).
  • Transaction code: J — "Other acquisition or disposition" (often used for plan-directed transactions).
  • Footnote: Participant‑directed transaction under a 401(k) plan (F1).
  • Filing date: 2026-04-01 (filed promptly; no late filing indicated).
  • Shares owned after transaction: Not stated in the filing.

Context
This was a small, plan‑directed purchase (fractional shares) through a 401(k), a common and routine form of insider acquisition. Such transactions typically reflect payroll or retirement plan elections and do not necessarily indicate a change in the insider's view of the company's stock.