Datesh LuAnn 4
Research Summary
AI-generated summary
ERIE Director LuAnn Datesh Receives 29.959 Share Credits
What Happened
LuAnn Datesh, a director of Erie Indemnity Company (ERIE), was credited with 29.959 share credits on 2026-07-21 at an attributable price of $215.82 each, a notional value of about $6,466. The transaction is reported as an "other acquisition" (code J) and is a derivative credit rather than an open‑market stock purchase.
Key Details
- Transaction date: 2026-07-21; Report filed: 2026-07-22 (timely filing).
- Quantity/price/value: 29.959 share credits × $215.82 = ~$6,466.
- Transaction type: Code J — Other acquisition (derivative share credits).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes:
- F2: Acquired under dividend reinvestment for the Directors' Deferred Compensation Plan.
- F3: These are "Share Credits" under the Outside Directors' Stock Plan — a right to receive equivalent Class A shares when the director's service ends; no exercise/expiration dates.
- F1: Conversion price not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
Context
This was a routine deferred‑compensation/dividend reinvestment credit (derivative share credits), not an open‑market purchase or sale. Share credits represent a future right to receive stock upon termination of service and do not indicate an immediate change in holdings or a direct buy/sell sentiment.