ERIE INDEMNITY CO·4

Apr 22, 2:26 PM ET

Hagen Jonathan Hirt 4

Research Summary

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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.