ERIE INDEMNITY CO·4

Apr 22, 3:46 PM ET

Novacek Jorie L 4

4 · ERIE INDEMNITY CO · Filed Apr 22, 2026

Research Summary

AI-generated summary of this filing

Updated

ERIE SVP Jorie Novacek Receives 4.535 Share Credits

What Happened

  • Jorie Novacek, Senior Vice President and Controller of Erie Indemnity Company (ERIE), was credited with 4.535 Share Credits on 2026-04-21. The reported per-share value is $253.85, for a reported total value of approximately $1,151. The transaction is reported as an "Other acquisition" (code J) and represents a derivative credit under the company’s Incentive Compensation Deferral Plan.

Key Details

  • Transaction date and price: 2026-04-21; 4.535 shares at $253.85 each (total ≈ $1,151).
  • Transaction type: Other acquisition (derivative Share Credits) under the Incentive Compensation Deferral Plan.
  • Shares owned after transaction: Not specified in the filing.
  • Filing date: 2026-04-22 (appears timely; no late-filing flag).
  • Footnotes: F1 – conversion price not applicable to these deferral-plan shares; F2 – acquired under dividend reinvestment for the plan; F3 – Share Credits represent the right to receive an equivalent number of Class A shares upon retirement or separation and have no exercise or expiration dates.

Context

  • These Share Credits are deferred compensation; they are not immediately-issued Class A shares. They represent a right to receive shares later (e.g., at retirement or separation), so this is different from an open-market purchase or an immediate reward. Such deferral-plan credits are common and typically reflect compensation mechanics rather than a direct market sentiment by the insider.

Insider Transaction Report

Form 4
Period: 2026-04-21
Novacek Jorie L
SVP, Controller
Transactions
  • Other

    Incentive Compensation Deferral Plan Share Credits

    [F1][F2][F3]
    2026-04-21$253.85/sh+4.535$1,151791.703 total
    Class A Common Stock (4.535 underlying)
Footnotes (3)
  • [F1]Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
  • [F2]Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
  • [F3]The shares subject to this reporting are Share Credits which are periodically credited to the accounts of a select group of management and highly compensated employees of Erie Indemnity Company pursuant to its Incentive Compensation Deferral 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 retires or otherwise separates from service with the Company. There are no exercisable or expiration dates for these securities.
Signature
Rebecca A. Buona, Power of Attorney|2026-04-22

Documents

1 file
  • 4
    wk-form4_1776887165.xmlPrimary

    FORM 4