Erie Indemnity Director Charles Hartz Receives 65 Shares

What Happened
Charles Hartz, a Director of Erie Indemnity Company (ERIE), was credited with 65 share credits on July 31, 2026. The entry price used for reporting was $242.04 per share, giving a notional value of $15,733. This was an acquisition under the Outside Directors' Deferred Compensation Plan (reported as a derivative "other acquisition" transaction), not an open-market purchase.

Key Details

• Transaction date: 2026-07-31; reported on Form 4 filed 2026-08-03 (filed timely within the 2-business-day requirement).
• Reported transaction: 65 share credits @ $242.04 per share; total value ≈ $15,733.
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • Conversion price not applicable to shares under the Outside Directors' Deferred Compensation Plan (F1).
  • Acquired under Directors' Deferred Compensation Plan (F2).
  • These are Share Credits representing the right to receive an equivalent number of Class A common shares when the director’s service ends; there are no exercisable or expiration dates for these credits (F3).
• Transaction code: J (other acquisition/disposition — here, a deferred-compensation credit/derivative).

Context
Share credits under a directors' deferred compensation plan are a common way for boards to defer director pay into company stock equivalents; they reflect compensation deferral rather than a market purchase or sale and do not immediately transfer underlying shares. For retail investors, such credits are routine and primarily indicate compensation structure rather than a direct buy/sell signal.