ERIE CEO Timothy NeCastro Receives 74-Share Award

What Happened

• Timothy G. NeCastro, President & CEO of Erie Indemnity Company (ERIE), was credited with 74 share units (Share Credits) on April 21, 2026. The units are valued at $253.85 each, for a total reported value of $18,785. This transaction is reported as an "other acquisition" of a derivative security (transaction code J) under the company's Incentive Compensation Deferral Plan.
• These are Share Credits (derivative rights), not immediately issued common shares. They represent the right to receive an equivalent number of Class A common shares when NeCastro retires or otherwise separates from service; there are no exercisable or expiration dates.

Key Details

• Transaction date: 2026-04-21; Filing date: 2026-04-22 (timely filing).
• Price per unit: $253.85; Total reported value: $18,785.
• Transaction type/code: Other acquisition (Code J) of a derivative security (Share Credits).
• Acquisition method: credited under the Erie Indemnity Company Incentive Compensation Deferral Plan; includes dividend reinvestment treatment per filing notes.
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: conversion price not applicable to these plan grants; units acquired under dividend reinvestment; Share Credits vest/convert to shares upon separation from service.

Context

• This is not an open-market purchase of common stock but a plan crediting of deferred-share units tied to compensation. Such credits show management participation in company compensation programs but do not transfer voting stock or immediate liquidity until separation events.