Pelkowski Julie Marie 4
Research Summary
AI-generated summary
Erie Indemnity (ERIE) EVP & CFO Julie Pelkowski Receives Share Credits (12)
What Happened
Julie Marie Pelkowski, EVP & CFO of Erie Indemnity Company, was credited 11.993 share credits (derivative interest) on 2026-04-21 at an attributed price of $253.85 per share, valued at approximately $3,044. This was an acquisition-type entry (transaction code J) reflecting a credit under the company's Incentive Compensation Deferral Plan rather than an open-market purchase.
Key Details
- Transaction date: 2026-04-21; filing date: 2026-04-22 (timely filing).
- Price used for value: $253.85 per share; total value ≈ $3,044.
- Shares credited: 11.993 Share Credits (derivative instruments), not immediate Class A common stock.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: credits were granted under the Incentive Compensation Deferral Plan and acquired via dividend reinvestment; conversion price not applicable. Share Credits represent the right to receive equivalent Class A shares upon retirement or separation and have no exercise/expiration dates.
Context
Share Credits are a form of deferred compensation — they give the executive the right to receive shares later (typically upon leaving the company) and do not necessarily represent an immediate bullish market action. The dollar amount here is small (~$3k) and reflects plan mechanics (dividend reinvestment/deferral), not an open-market investment decision.