Director Eugene C. Connell of Erie Indemnity Co filed a Form 4 on November 2, 2026, disclosing the acquisition of 65 Directors' Deferred Compensation Share Credits in Class A Common Stock on October 31, 2026, under the company's Outside Directors' Deferred Compensation Plan.

Key Highlights

  • Transaction date: October 31, 2026, with 65 Share Credits acquired under the Outside Directors' Deferred Compensation Plan.
  • Price per Share Credit: $261.39, as reported in the filing.
  • Total Share Credits held directly: 3,540.83 following the reported transaction.
  • Direct holdings of Class A Common Stock: 17,433.246 shares held directly, with no transaction reported on those shares.
  • Indirect holdings: 2,462.602 shares of Class A Common Stock held indirectly by Connell's children living in his household, with a disclaimer of beneficial ownership.
  • Share Credits nature: According to the filing, these 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."

Connell's October 2026 Deferred Compensation Credit at Erie Indemnity

According to the Form 4 filed with the SEC, Eugene C. Connell, a director of Erie Indemnity Co (NASDAQ:ERIE), received 65 Share Credits on October 31, 2026, under the company's Outside Directors' Deferred Compensation Plan. The filing reports the transaction code as "J" and states the price associated with the Share Credits was $261.39. Following the transaction, Connell's directly held Share Credits total 3,540.83.

The filing notes that these Share Credits carry no exercisable or expiration dates. As described in the filing's explanatory footnotes, the credits are "periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan" and confer the right to receive an equivalent number of Class A common shares upon the conclusion of the director's service. The conversion price is described as not applicable to shares granted under this plan.

In addition to the derivative Share Credits, the filing discloses that Connell directly holds 17,433.246 shares of Class A Common Stock, with no transaction reported against that position. An additional 2,462.602 shares are reported as held indirectly by children living in his household. The filing states that Connell "disclaims beneficial ownership of these reported securities" and that the report "shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose." The filing was signed by Rebecca A. Buona under a Power of Attorney on November 2, 2026.

What Was Disclosed

Director Eugene C. Connell disclosed the acquisition of 65 deferred compensation Share Credits in Erie Indemnity Class A Common Stock on October 31, 2026, at $261.39 each, bringing his total directly held Share Credits to 3,540.83, with direct stock holdings of 17,433.246 shares also reported.