NECASTRO TIMOTHY G 4
4 · ERIE INDEMNITY CO · Filed Jul 23, 2026
Research Summary
AI-generated summary of this filing
ERIE CEO Timothy G. Necastro Receives 87.541 Share Credits
What Happened
- Timothy G. Necastro, President & CEO of Erie Indemnity Company (ERIE), was reported to have acquired 87.541 share credits on 2026-07-21.
- The reported per-share value was $215.82, for a total value of approximately $18,893. This was recorded as a derivative acquisition (Form 4 code J).
Key Details
- Transaction date: 2026-07-21; filing date: 2026-07-23 (timely filing).
- Price per share reported: $215.82; total reported value: ~$18,893.
- Instrument: Share Credits under the Erie Indemnity Company Incentive Compensation Deferral Plan (derivative).
- Footnotes:
- F1: Conversion price not applicable to shares under the deferral plan.
- F2: Acquisition occurred under dividend reinvestment for the deferral plan.
- F3: These Share Credits give the right to receive an equivalent number of Class A shares when the individual retires or separates from service; there are no exercisable or expiration dates.
- Shares owned after the transaction: not specified in the filing.
Context
- This is not an open-market stock purchase; it is an internal deferral-plan credit that represents a future right to receive shares upon separation or retirement. Such deferred awards are common compensation mechanics and do not equal immediate share ownership or an immediate bullish sale signal.
Insider Transaction Report
Form 4
NECASTRO TIMOTHY G
President & CEO
Transactions
- Other
Incentive Compensation Deferral Plan Share Credits
[F1][F2][F3]2026-07-21$215.82/sh+87.541$18,893→ 13,005.879 totalExercise: $0.00→ Class A Common Stock (87.541 underlying)
Holdings
- 9,541
Class A Common Stock
- 278(indirect: By IRA)
Class A Common Stock
Footnotes (3)
- [F1]Conversion price is not applicable to shares granted under the Erie Indemnity Company Incentive Compensation Deferral Plan.
- [F2]Acquired under dividend reinvestment for the Erie Indemnity Company Incentive Compensation Deferral Plan.
- [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|2026-07-23