4Filed Jul 22, 8:00 PM ET
ERIE INDEMNITY (ERIE) EVP Brian Bolash Receives Share Credits
$ERIE · ERIE INDEMNITY COResearch Summary
AI-generated summary of this SEC filing
ERIE INDEMNITY (ERIE) EVP Brian Bolash Receives Share Credits
What Happened
- Brian W. Bolash, EVP, Secretary and General Counsel of Erie Indemnity Company (ERIE), was credited 23.848 share equivalents (Share Credits) on 2026-07-21. The reported per-share value was $215.82, for a total notional value of about $5,147. The Form 4 reports this as an "other acquisition" (transaction code J) of a derivative interest rather than an open-market stock purchase.
Key Details
- Transaction date: 2026-07-21; Filing date: 2026-07-23 (filed within two days).
- Transaction: Other acquisition (Code J) of 23.848 Share Credits @ $215.82 each; total ≈ $5,147 (derivative).
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes:
- F1: Conversion price not applicable to shares under the Incentive Compensation Deferral Plan.
- F2: These credits were acquired under dividend reinvestment for the Deferral Plan.
- F3: The reported units are Share Credits — rights to receive an equivalent number of Class A common shares when the participant retires or separates from service. There are no exercisable or expiration dates for these credits.
Context
- These Share Credits are a deferred compensation mechanism (not immediately issued shares). They represent a future entitlement to Class A shares upon separation from service, so this is not an open-market buy or sale and does not reflect an immediate change in voting power or market holdings. The amount is modest (~$5.1k) and routine for deferred comp/dividend reinvestment.