ERIE INDEMNITY CO·4

Jun 8, 12:26 PM ET

Novacek Jorie L 4

4 · ERIE INDEMNITY CO · Filed Jun 8, 2026

Research Summary

AI-generated summary of this filing

Updated

ERIE SVP Jorie Novacek Receives 206.656 Share Credits

What Happened

  • Jorie L. Novacek, SVP and Controller of Erie Indemnity Company (ERIE), was credited with 206.656 Share Credits on 2026-06-05. The reporting value is $227.22 per share, totaling $46,956. This is an acquisition of a derivative award (Share Credits), not an open-market buy of common stock.

Key Details

  • Transaction date: 2026-06-05; filing date (Form 4): 2026-06-08 — filing appears timely.
  • Instrument: Share Credits (derivative rights to Class A common stock)
  • Quantity and price: 206.656 Share Credits at $227.22 each; total $46,956.
  • Shares owned after transaction: Not specified in this Form 4.
  • Footnotes in filing:
    • F1: Conversion price not applicable to shares granted under the Incentive Compensation Deferral Plan.
    • F2: These Share Credits were acquired under the Incentive Compensation Deferral Plan from a Long Term Incentive Plan award.
    • F3: Share Credits represent the right to receive an equivalent number of Erie Indemnity Class A common shares upon the individual’s retirement or separation; they have no exercisable or expiration dates.

Context

  • These Share Credits are deferred compensation/derivative awards, meaning Novacek does not receive actual ERIE shares immediately; the right to receive shares vests on separation/retirement per the plan.
  • Such grants are common for management compensation and differ from open-market purchases (which may be interpreted as a direct bullish signal).

Insider Transaction Report

Form 4
Period: 2026-06-05
Novacek Jorie L
SVP, Controller
Transactions
  • Other

    Incentive Compensation Deferral Plan Share Credits

    [F1][F2][F3]
    2026-06-05$227.22/sh+206.656$46,956998.359 total
    Class A Common Stock (206.656 underlying)
Footnotes (3)
  • [F1]Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
  • [F2]Acquired under the Erie Indemnity Company Incentive Compensation Deferral Plan from a Long Term Incentive Plan award.
  • [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|2026-06-08

Documents

1 file
  • 4
    wk-form4_1780936000.xmlPrimary

    FORM 4