4Filed Aug 2, 8:00 PM ET
Erie Indemnity CFO Julie Pelkowski Receives 3.394 Share Credits
$ERIE · ERIE INDEMNITY COResearch Summary
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Erie Indemnity CFO Julie Pelkowski Receives 3.394 Share Credits
What Happened
- Julie Marie Pelkowski, EVP & Chief Financial Officer of Erie Indemnity Company (ERIE), had an other acquisition (Code J) of 3.394 share credits on 2026-07-31. The reported per-share value was $242.04, for a total economic value of approximately $821.
- This was not an open-market purchase but a credit under a company deferral/401(k)-type plan (see footnotes). Such credits represent the right to receive equivalent Class A shares in the future and are generally routine plan activity rather than a direct market investment.
Key Details
- Transaction date and price: 2026-07-31; 3.394 shares credited at $242.04 per share (total ≈ $821).
- Transaction type: Code J — other acquisition/disposition; participant-directed transaction under a 401(k) plan (Footnote F1).
- Instrument detail: These are Share Credits under the Incentive Compensation Deferral Plan (Footnote F3) — rights to receive equivalent Class A shares upon retirement or separation; no exercise/expiration dates.
- Conversion price: Not applicable for these deferred shares (Footnote F2).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: The Form 4 was filed 2026-08-03 for a 2026-07-31 transaction; no late filing flag is indicated in the provided data.
Context
- These Share Credits are deferred compensation entries, not immediate stock purchases or option exercises. They typically signal routine plan-based credits rather than a direct buy/sell decision by the insider.
- For retail investors, such credits are informational about compensation structure but generally less indicative of near-term insider sentiment than open-market purchases or sales.