Pelkowski Julie Marie 4
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Erie CFO Julie Pelkowski Receives 1.295 Share Credits
What Happened Julie Marie Pelkowski, Executive Vice President & Chief Financial Officer of Erie Indemnity Company (ERIE), was credited with 1.295 Share Credits on May 31, 2026. The filing lists an acquisition at an attributable price of $213.07 per share, for a total value of approximately $276. The transaction is coded as "J" (other acquisition or disposition) reflecting a non-standard acquisition type.
Key Details
- Transaction date and price: 2026-05-31, 1.295 shares at $213.07 each (total ≈ $276).
- Transaction type: Other acquisition (code J) — Share Credits under the Incentive Compensation Deferral Plan.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F3 — these are Share Credits that represent the right to receive an equivalent number of Class A shares when the individual retires or separates from service; there are no exercisable or expiration dates. F2 notes conversion price is not applicable to shares under the deferral plan.
- Filing timing: Reported on 2026-06-01 for a 2026-05-31 transaction; appears to be filed promptly.
Context Share Credits are a form of deferred compensation tied to the company’s Incentive Compensation Deferral Plan, not immediately tradable shares. They indicate the reporting executive has been credited deferred equity compensation, which will convert to actual Class A common stock upon retirement or separation per plan terms. The dollar value here (~$276) is small and consistent with routine periodic crediting under a deferral program rather than an open-market purchase.