Hagen Jonathan Hirt 4

What Happened
Jonathan Hirt, a director of Erie Indemnity Company (ERIE), reported an "other acquisition" of 39.475 Share Credits (a derivative interest) on 2026-04-20. The filing lists an attributed price of $253.63 per share, for a total value of $10,012. These Share Credits were credited under the Directors' Deferred Compensation Plan and represent the right to receive an equivalent number of Class A common shares when his service as a director ends.

Key Details

• Transaction date: 2026-04-20; Form 4 filed 2026-04-21 (filed promptly).
• Transaction type/code: Other acquisition (derivative Share Credits).
• Price/value: $253.63 per share; total $10,012 (reported).
• Shares owned after transaction: Not specified in the filing.
• Footnotes of note:
  • F3/F4: Acquired under the Directors' Deferred Compensation Plan; Share Credits give the right to receive Class A shares upon end of service and have no exercise/expiration dates.
  • F1: Reported securities are held by a family member and the reporting person disclaims beneficial ownership for these reported securities.
• Not a cash/open-market purchase or sale — this is deferred-compensation credit.

Context
Share Credits are a form of deferred compensation for directors and do not represent immediately tradable stock; they simply entitle the director to receive shares later (typically when service ends). Because this is a deferred-compensation credit rather than an open-market buy or a sale, it is a routine director compensation event and not a direct market signal of immediate buying or selling.