Vorsheck Elizabeth A 4
4 · ERIE INDEMNITY CO · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
ERIE Director Elizabeth Vorsheck Receives 82.837 Share Credits
What Happened Elizabeth A. Vorsheck (reported as a 10% owner and an outside director) was credited with 82.837 Share Credits on April 21, 2026 under Erie Indemnity Company's Outside Directors' Deferred Compensation Plan. The acquisition price is shown as $0.00 because these are derivative Share Credits (not an open‑market purchase) and were credited pursuant to the plan’s dividend reinvestment provisions.
Key Details
- Transaction date and type: 2026-04-21 — Award/Grant (derivative Share Credits). Filed on 2026-04-22 (timely).
- Shares/credits acquired: 82.837 Share Credits at $0.00 (no cash paid).
- Shares owned after transaction: Not specified in this Form 4.
- Footnotes of note:
- F1: Conversion price not applicable to Plan grants.
- F2: Credits were acquired via the Plan’s dividend reinvestment calculation based on the closing price on Apr 21, 2026.
- F3: These Share Credits represent the right to receive an equivalent number of Class A common shares when the director’s service ends; there are no exercisable or expiration dates.
- Filing timeliness: Reported the next day (filed Apr 22 for Apr 21 transaction), indicating a timely Form 4.
Context These Share Credits are a form of deferred director compensation and do not represent immediately transferable shares. Because they were credited as part of the outside directors’ plan (and via dividend reinvestment), this is routine compensation activity rather than a market purchase or sale. For retail investors, such director awards are informative about how directors are paid but should not be interpreted as a direct bullish or bearish trade by the insider.
Insider Transaction Report
- Award
Directors' Deferred Compensation Share Credits
[F1][F2][F3]2026-04-21+82.837→ 14,461.088 totalExercise: $0.00→ Class A Common Stock (82.837 underlying)
- 324,300(indirect: By Trust)
Class A Common Stock
- 3,000,000(indirect: By Partnership)
Class A Common Stock
- 686(indirect: By Trust)
Class A Common Stock
- 193,679(indirect: By Trust)
Class A Common Stock
- 69,716
Class A Common Stock
- 372,565(indirect: By Trust)
Class A Common Stock
Footnotes (3)
- [F1]Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").
- [F2]Acquired pursuant to dividend reinvestment provisions of the Plan. The number of Share Credits credited to the account of the reporting person was determined in accordance with the Plan, based on the closing price of the Class A Common Stock on April 21, 2026.
- [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.