HARTZ CHARLES SCOTT 4

What Happened Charles Scott Hartz, a Director of Erie Indemnity Company (ERIE), was credited with 110.609 share credits on April 21, 2026 — recorded as an "other acquisition" of a derivative security. The filing values the credit at $253.85 per share for a total of $28,078. This was not a cash open-market purchase but an allocation of share credits under the company’s directors’ plans.

Key Details

• Transaction date: 2026-04-21; reported on Form 4 filed 2026-04-22.
• Reported price/value: $253.85 per share; total value $28,078.
• Transaction type/code: J — Other acquisition (derivative: Share Credits).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes of note:
  • F2: Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
  • F3: These are "Share Credits" under the Outside Directors' Stock Plan — they 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.
  • F1: Conversion price not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
• Timeliness: Filed the day after the transaction; not indicated as late.

Context Share Credits are a non-cash, plan-based award that give a director the contractual right to receive shares later (typically upon leaving service). They do not represent an immediate open-market purchase or sale of common stock and therefore are routine compensation/deferral activity rather than a direct market signal.