BORNEMAN J RALPH JR 4

4 · ERIE INDEMNITY CO · Filed Apr 21, 2026

AI-generated summary of this filing

Updated Apr 21, 2026

Erie Indemnity (ERIE) Director J. Ralph Borneman Receives 39.475 Share Credits

What Happened

Director J. Ralph Borneman received 39.475 Share Credits on April 20, 2026, recorded as an "other acquisition" (Form 4 code J). The credits are valued at $253.63 each for a total value of $10,012. This was a non‑market acquisition through the company's director deferred compensation arrangements, not an open‑market purchase.

Key Details

Transaction date and price: April 20, 2026 — 39.475 share credits @ $253.63 each (total $10,012).
Type: Derivative acquisition (Share Credits) under the Directors' Deferred Compensation Plan.
Shares owned after transaction: Not disclosed in the filing.
Footnotes of note:
- These are Share Credits under the Outside Directors' Stock Plan (convertible to Class A shares when the director's service ends; no exercisable/expiration dates).
- Acquired under the Directors' Deferred Compensation Plan; conversion price not applicable to these shares.
Filing timeliness: Form filed on April 21, 2026 (the day after the transaction); no late filing indicated.

Context

Share Credits are a deferred‑compensation mechanism that represent the right to receive equivalent Class A shares in the future (typically when board service ends). They are not immediate stock purchases or sales and do not create tradable shares today. Such director deferred‑comp transactions are routine compensation events and should be read differently from open‑market buys or sales.

Form 4

Period: 2026-04-20

Director

Transactions

Other
Directors' Deferred Compensation Share Credits
[F1][F2][F3]
2026-04-20$253.63/sh+39.475$10,012→ 20,303.2 total
Exercise: $0.00→ Class A Common Stock (39.475 underlying)

Holdings

Footnotes (3)

[F1]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
[F2]Acquired under Directors' Deferred Compensation Plan.
[F3]The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan. These Share Credits represent the right to receive an equivalent number of shares of Erie Indemnity Company Class A common stock when the reporting individual's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.

Signature

Rebecca A. Buona, Power of Attorney|2026-04-21

1 file