Palmer Thomas W 4

4 · ERIE INDEMNITY CO · Filed Jul 22, 2026

AI-generated summary of this filing

Updated Jul 22, 2026

ERIE Director Thomas W. Palmer Receives 108 Share Credits

What Happened

Thomas W. Palmer, a Director of Erie Indemnity Company (ERIE), was credited with 108.268 share equivalents (Share Credits) on July 21, 2026. The reporting records a per-share value of $215.82, giving an aggregate value of $23,366. This transaction is an acquisition of derivative rights (reported as code J), not an open-market stock purchase.

Key Details

Transaction date: 2026-07-21; filing date: 2026-07-22 (timely).
Price/value: $215.82 per share; total reported value $23,366.
Quantity: 108.268 Share Credits (derivative units).
Shares owned after transaction: not reported in this filing.
Footnotes: F2 indicates acquisition under dividend reinvestment for the Directors' Deferred Compensation Plan; F3 explains these are Share Credits that entitle the director to receive equivalent Class A shares when service ends and have no exercise/expiration dates; F1 notes conversion price is not applicable to shares under the Outside Directors' Deferred Compensation Plan.
Transaction type: derivative credit (code J), not a cash purchase or option exercise.

Context

These Share Credits are a form of deferred compensation for outside directors — they represent a future right to receive company shares (or equivalent) when the director's service ends, so they do not transfer immediate voting power or marketable stock. Such credits are typically routine compensation-related entries rather than directional bets by insiders.

Form 4

Period: 2026-07-21

Director

Transactions

Other
Directors' Deferred Compensation Share Credits
[F1][F2][F3]
2026-07-21$215.82/sh+108.268$23,366→ 15,825.356 total
Exercise: $0.00→ Class A Common Stock (108.268 underlying)

Holdings

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.

Signature

Rebecca A. Buona, Power of Attorney|2026-07-22

1 file