DaBreo Anthony 4
Research Summary
AI-generated summary
ERIE (ERIE) SVP Anthony DaBreo Buys Shares via 401(k)
What Happened
Anthony DaBreo, Senior Vice President, Life at ERIE Indemnity Co. (ERIE), acquired 2.308 shares on 2026-05-31 at $213.07 per share, for a total of approximately $492. The transaction is reported as an "other acquisition or disposition" and reflects a purchase through a retirement plan rather than an open-market investment decision.
Key Details
- Transaction date: 2026-05-31; reported on Form 4 filed 2026-06-01.
- Price per share: $213.07; shares acquired: 2.308; total value ≈ $492.
- Transaction code: J (other acquisition/disposition).
- Footnote: Participant-directed transaction under a 401(k) plan (employee retirement plan contribution/investment).
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Timeliness: Filed the next business day (appears timely based on dates provided).
Context
This purchase was made through a 401(k) plan (participant-directed), a routine payroll/plan investment activity common for employees. Such small, plan-driven purchases typically reflect routine retirement contributions rather than a direct signal about the insider’s view of the company.