Edwards William David 4
4 · ERIE INDEMNITY CO · Filed Jul 22, 2026
Research Summary
AI-generated summary of this filing
Erie Indemnity Director William Edwards Receives $380 in Share Credits
What Happened
William David Edwards, a Director of Erie Indemnity Company (ERIE), was credited 1.762 Share Credits on July 21, 2026, recorded at $215.82 per share for a total reported value of $380. The transaction is reported as code "J" (other acquisition/disposition) and represents a derivative credit (not an open-market purchase of actual shares).
Key Details
- Transaction date and filing: transaction on 2026-07-21; Form 4 filed 2026-07-22 (appears timely).
- Reported transaction: acquired 1.762 Share Credits at $215.82 each; total reported value $380.
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes included in the filing:
- F1: Conversion price not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- F2: Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- F3: These are Share Credits under the Outside Directors' Stock Plan — rights to receive equivalent Class A common shares when the director's service ends; no exercise or expiration dates.
- Transaction code: J (other acquisition/disposition, derivative).
Context
Share Credits are a deferred-compensation mechanism for outside directors and generally reflect routine plan credits (including dividend reinvestment), not an immediate market purchase. Because these are derivative credits redeemable for shares only after service ends, they should be viewed as compensation plan activity rather than a direct bullish share purchase.
Insider Transaction Report
- Other
Directors' Deferred Compensation Share Credits
[F1][F2][F3]2026-07-21$215.82/sh+1.762$380→ 1.762 total→ Class A Common Stock (1.762 underlying)
Footnotes (3)
- [F1]Conversion price is not applicable to shares granted under the Outside Directors' Deferred Compensation Plan.
- [F2]Acquired under dividend reinvestment for Directors' Deferred Compensation Plan.
- [F3]The shares subject to this reporting are Share Credits which are periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock 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's service as a Director of the Company ends. There are no exercisable or expiration dates for these securities.