Hagen Jonathan Hirt 4
4 · ERIE INDEMNITY CO · Filed Apr 22, 2026
Research Summary
AI-generated summary of this filing
ERIE Director Hagen Hirt Acquires 97.3 Shares (Derivative)
What Happened
- Director Hagen Jonathan Hirt was reported to have acquired 97.345 derivative share units for Erie Indemnity Company (ERIE) on 2026-04-21 at an attributable price of $253.85 each, for a notional value of about $24,711. The transaction is reported as an "Other acquisition or disposition (J)" and is a derivative credit, not an open-market stock purchase.
Key Details
- Transaction date and price: 2026-04-21 at $253.85 per share (total $24,711).
- Nature of the securities: Reported as Share Credits/derivative rights under the Outside Directors' Stock Plan and Directors' Deferred Compensation Plan (not currently exercisable or deliverable as voting shares).
- Beneficial ownership note: Filing includes a disclaimer that certain reported securities are held by a family member and the reporting person disclaims beneficial ownership.
- Filing timeliness: Report filed 2026-04-22 (covers 2026-04-21 transaction) — appears timely; no late-filing flag noted.
- Shares owned after transaction: Not specified in the provided filing excerpt.
Context
- These Share Credits represent the right to receive an equivalent number of Class A shares when the director’s service ends; they do not provide immediate voting rights or an exercise/expiration schedule. Derivative credits and dividend-reinvestment credits are common for directors’ deferred compensation and do not necessarily reflect a buy/sell decision in the open market.
Insider Transaction Report
Form 4
Hagen Jonathan Hirt
Director
Transactions
- Other
Directors' Deferred Compensation Share Credits
[F2][F3][F4]2026-04-21$253.85/sh+97.345$24,711→ 16,993.818 totalExercise: $0.00→ Class A Common Stock (97.345 underlying)
Holdings
- 223,130
Class A Common Stock
- 200(indirect: By Daughter)
Class A Common Stock
[F1] - 200(indirect: By Son)
Class A Common Stock
[F1] - 1
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (2,400 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying) - 1,170(indirect: By Trust)
Class B Common Stock
[F5]Exercise: $0.00→ Class A Common Stock (2,808,000 underlying)
Footnotes (5)
- [F1]Held by family member. The Reporting Person disclaims beneficial ownership of these reported securities and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- [F2]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- [F3]Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- [F4]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.
- [F5]Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.
Signature
Rebecca A. Buona, Power of Attorney|2026-04-22