Vorsheck Elizabeth A 4

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.