ERIE Indemnity EVP Acquires Shares via 401(k) Plan
ERIE INDEMNITY CO
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Filing Summary
ERIE Indemnity EVP Acquires Shares via 401(k) Plan
Company: ERIE INDEMNITY CO (ERIE) Form: 4 | Filed: 2025-11-03 Significance: Low
Insider: Cook Cody Title: Executive Vice President | Relationship: Officer
Transaction: • Type: Acquisition (401k Plan) • Shares: 6.531 • Price: $292.64 • Value: $1,911 • Owned After: 1,103.608
Key Insight: This is a routine, non-discretionary acquisition of a small number of shares through a company 401(k) plan, as noted in the filing.
Market Context: The transaction value is negligible, representing less than 0.0001% of the company's $15.3 billion market capitalization.
This is PUBLIC SEC data for educational purposes. Not investment advice.
Comprehensive Analysis
SEC Filing Analysis: ERIE INDEMNITY CO (ERIE)
Executive Summary
- Trading Significance: Low
- Key Takeaway: An executive made a minor, routine acquisition of shares through a 401(k) plan.
- Market Impact: Negligible. The transaction is too small to have any market impact.
Company Information
| Field | Value |
|---|---|
| Company | ERIE INDEMNITY CO |
| Ticker Symbol | ERIE |
| CIK | 0000922621 |
| Industry | Insurance Agents Brokers & Services |
Insider Information
| Field | Value |
|---|---|
| Name | Cook Cody |
| CIK | 0002049872 |
| Title/Position | Executive Vice President |
| Relationship | Officer |
Transaction Details
| Field | Value |
|---|---|
| Form Type | 4 |
| Transaction Date | 2025-10-31 |
| Transaction Code | J (Other acquisition or disposition) |
| Security Type | Class A Common Stock |
| Shares Involved | 6.531 |
| Price Per Share | $292.64 |
| Total Value | $1,911.08 |
| Shares Owned After | 1,103.608 |
| Ownership Type | Direct |
Financial Impact Assessment
Transaction Materiality
| Metric | Value |
|---|---|
| Transaction Value | $1,911.08 |
| % of Market Cap | <0.001% |
| Shares Transacted | 6.531 |
| % of Shares Outstanding | <0.001% |
| Post-Transaction Ownership | 1,103.608 shares (<0.01% of outstanding) |
| Materiality Assessment | Low |
Impact Evaluation
- Market Cap Context: The transaction value of approximately $1,911 is insignificant against the company's $15.3 billion market capitalization.
- Ownership Concentration: The insider's total holding remains a very small fraction of the total shares outstanding.
- Transaction Significance: The transaction is not significant. It represents a negligible percentage of both market cap and shares outstanding, indicating a routine portfolio adjustment rather than a strategic investment decision.
Market Impact Analysis
Stock Impact Prediction
- Direction: Neutral
- Reasoning: The transaction is non-discretionary (part of a 401k plan) and its value is immaterial relative to the company's size.
Volume & Sentiment
- Expected Volume Impact: None. The trade size is too small to affect trading volume.
- Sentiment Indicator: Neutral. This filing provides no new information to influence market sentiment.
Additional Context
Transaction Notes
- Special Circumstances: The filing's footnote F1 explicitly states this was a "Participant directed transaction under 401(k) Plan," confirming its routine nature.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.