Datesh LuAnn 4

What Happened

• Datesh LuAnn, a director of Erie Indemnity Co. (ERIE), received 23.836 share credits on 2026-04-21. The reported per-share value is $253.85, for a total reported value of $6,051. The Form 4 lists the transaction as a derivative "other acquisition or disposition" (code J).

Key Details

• Transaction date: 2026-04-21; reported on Form 4 filed 2026-04-22 (timely).
• Price/value: $253.85 per share; total value $6,051.
• Shares acquired: 23.836 share credits (derivative interest), not currently issued common stock.
• Shares owned after transaction: not disclosed in this filing.
• Footnotes:
  • F1: Conversion price not applicable to shares under the Outside Directors' Deferred Compensation Plan.
  • F2: Acquired under dividend reinvestment for the Directors' Deferred Compensation Plan.
  • F3: These are Share Credits under the Outside Directors' Stock Plan — a right to receive equivalent Class A shares when the director's service ends; no exercisable/expiration dates.
• Transaction code J indicates an "other acquisition" — this is routine plan-related crediting, not an open-market buy.

Context

• These share credits are a form of deferred compensation and represent a future right to receive shares, so they are not immediately tradable stock. Such credits are common for non-employee directors and generally reflect plan mechanics (dividend reinvestment or deferral) rather than active buying or selling based on company outlook. The dollar amount here (~$6k) is modest relative to typical insider trades.