ERIE Director Elizabeth A. Vorsheck Receives 39.475 Share Award

What Happened
Elizabeth A. Vorsheck, reported as a 10% owner and an outside director of Erie Indemnity Company (ERIE), received an award of 39.475 share-equivalents (Share Credits) on April 20, 2026. The filing lists the acquisition as a derivative award at $0.00 per share (total reported value $0). This is a non‑purchase director compensation credit rather than an open‑market buy or sale.

Key Details

• Transaction date: 2026-04-20; Form 4 filed: 2026-04-22 (timely filing).
• Transaction type/code: A — Grant/Award (derivative Share Credits).
• Amount: 39.475 share-equivalents; price reported $0.00; total $0.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes of note:
  • F2: These are Share Credits under the Outside Directors' Stock Plan — a right to receive the equivalent number of Class A common shares when the director’s service ends; no exercise or expiration dates.
  • F1: Conversion price not applicable to shares under the Deferred Compensation Plan for Outside Directors.
  • F3: Company charter allows conversion of Class B voting shares to Class A non-voting shares at a stated conversion rate (2,400 Class A per 1 Class B); no exercise/expiration dates tied to that conversion feature.

Context
This transaction is routine director compensation (deferred/share-credit award), not an open‑market purchase or sale. Share Credits are derivative rights to future stock delivery and do not indicate an immediate cash investment or sale by the director.