Director Jonathan Hirt Hagen filed a Form 4 with the SEC on November 2, 2026, disclosing a transaction in Erie Indemnity Company (NASDAQ:ERIE) Class A Common Stock derivative securities dated October 31, 2026.

Key Highlights

  • Transaction: Jonathan Hirt Hagen acquired 65 Directors' Deferred Compensation Share Credits on October 31, 2026, under the Outside Directors' Deferred Compensation Plan, at a price of $261.39 per Share Credit.
  • Post-transaction holdings: Following the transaction, Hagen holds 17,344.037 Share Credits in Directors' Deferred Compensation Share Credits directly.
  • Direct Class A Common Stock: Hagen beneficially owns 223,130 shares of Class A Common Stock directly, with an additional 200 shares held indirectly by a daughter and 200 shares held indirectly by a son.
  • Class B Common Stock exposure: Hagen is listed as Primary Beneficiary and Co-Trustee of a trust holding 1,170 shares of Class B Common Stock (convertible to 2,808,000 Class A shares), and as Contingent Beneficiary and Co-Trustee of two additional trusts each holding 585 shares of Class B Common Stock (each convertible to 1,404,000 Class A shares).
  • Share Credit nature: According to the filing, 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 ends, with no exercise or expiration dates.
  • Reporting relationship: Hagen is identified as a Director of Erie Indemnity Company; the filing was signed by Rebecca A. Buona under Power of Attorney.

Director Hagen's October 2026 Deferred Compensation Credit and Ownership Details at Erie Indemnity

According to the Form 4 filed November 2, 2026, Jonathan Hirt Hagen, a Director of Erie Indemnity Company, acquired 65 Share Credits on October 31, 2026, under the company's Directors' Deferred Compensation Plan at a price of $261.39 per credit. The filing states that these Share Credits are "periodically credited to the accounts of certain Directors of Erie Indemnity Company pursuant to its Outside Directors' Stock Plan" and represent the right to receive an equivalent number of Class A Common Stock shares upon the conclusion of the director's service. The filing notes there are no exercisable or expiration dates for these securities.

Following the reported transaction, Hagen's directly held Share Credits total 17,344.037, as disclosed in Table II of the filing. In Table I, the filing reports Hagen's direct beneficial ownership of 223,130 shares of Class A Common Stock, as well as 200 shares held indirectly by his daughter and 200 shares held indirectly by a son. The filing states that Hagen disclaims beneficial ownership of the shares held by family members, 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 also discloses Hagen's indirect interests in Class B Common Stock through trust arrangements. As Primary Beneficiary and Co-Trustee, he holds interests in a trust with 1,170 Class B shares, convertible to 2,808,000 Class A shares. As Contingent Beneficiary and Co-Trustee, he holds interests in two separate trusts, each with 585 Class B shares convertible to 1,404,000 Class A shares each. The filing notes that Class B shares are convertible to Class A shares at a rate of 2,400 Class A shares per Class B share, with no exercise or expiration dates associated with the conversion feature.

What Was Disclosed

The filing reported a single derivative securities acquisition of 65 Directors' Deferred Compensation Share Credits by Director Jonathan Hirt Hagen on October 31, 2026, at $261.39 per credit, along with a comprehensive disclosure of his direct and indirect beneficial ownership in Erie Indemnity Company securities.