Vorsheck Elizabeth A 4
4 · ERIE INDEMNITY CO · Filed Jul 23, 2026
Research Summary
AI-generated summary of this filing
Erie Indemnity 10% Owner Elizabeth A. Vorsheck Receives Award
What Happened Elizabeth A. Vorsheck (reported as a 10% owner) was credited with 99.758 Share Credits on July 21, 2026 under Erie Indemnity Company’s Deferred Compensation / Outside Directors' Stock Plan. The entry is reported as an award/acquisition (code A) at $0.00 — a non-cash, derivative credit rather than an open-market purchase or sale. These Share Credits represent the right to receive an equivalent number of Erie Indemnity Class A common shares when the director’s service ends.
Key Details
- Transaction date: 2026-07-21; Filing date: 2026-07-23 (timely filing).
- Transaction type/code: Award/Grant (A); 99.758 shares @ $0.00 (derivative Share Credits).
- Consideration: $0 (award / dividend reinvestment under the Plan).
- Shares owned after transaction: Not specified in the provided filing details.
- Relevant footnotes:
- F1: Conversion price not applicable to shares granted under the Deferred Compensation Plan for Outside Directors.
- F2: The Share Credits were acquired pursuant to dividend reinvestment provisions and were determined based on the Class A closing price on July 21, 2026.
- F3: Share Credits are rights to receive an equivalent number of Class A shares when the director’s service ends; no exercisable or expiration dates.
- F4: (Corporate note) Class B shares are convertible into Class A at a 2,400:1 ratio per the Articles of Incorporation.
Context This is a routine director deferred-compensation award (not a market purchase or sale). For retail investors, such awards are generally administrative/compensation-related and do not necessarily signal a change in insider sentiment. Because the award is a deferred/derivative credit (Share Credits), the economic interest converts to actual Class A shares only upon the end of the director’s service.
Insider Transaction Report
- Award
Directors' Deferred Compensation Share Credits
[F1][F2][F3]2026-07-21+99.758→ 14,560.846 totalExercise: $0.00→ Class A Common Stock (99.758 underlying)
- 324,300(indirect: By Trust)
Class A Common Stock
- 3,004,000(indirect: By Partnership)
Class A Common Stock
- 267,081(indirect: By Trust)
Class A Common Stock
- 372,565(indirect: By Trust)
Class A Common Stock
- 1,170(indirect: By Trust)
Class B Common Stock
[F4]Exercise: $0.00→ Class A Common Stock (2,808 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F4]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying) - 585(indirect: By Trust)
Class B Common Stock
[F4]Exercise: $0.00→ Class A Common Stock (1,404,000 underlying)
Footnotes (4)
- [F1]Conversion price is not applicable to shares granted under the Erie Indemnity Company Deferred Compensation Plan for Outside Directors (the "Plan").
- [F2]Acquired pursuant to dividend reinvestment provisions of the Plan. The number of Share Credits credited to the account of the reporting person was determined in accordance with the Plan, based on the closing price of the Class A Common Stock on July 21, 2026.
- [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.
- [F4]Pursuant to the Articles of Incorporation of the Company, as amended, shares of Class B Common Stock (voting) of Erie Indemnity Company are convertible at any time to shares of Class A Common Stock (non-voting) at a conversion rate of 2,400 shares of Class A Stock for each share of Class B Stock. There are no exercise or expiration dates associated with this conversion feature and no specific exercise price when a Class B share is converted into Class A shares.