Palmer Thomas W has filed a report detailing a stock transaction involving Erie Indemnity Co. This filing is significant as it provides insight into the ongoing investment activities of key individuals within the company.

Background

Palmer Thomas W is associated with Erie Indemnity Co, a company that operates in the insurance sector. Erie Indemnity Co is classified under the SIC code for Insurance Agents, Brokers, and Services. Recent filings include a Form 4 submitted on November 2, 2026, which highlights the latest changes in stock ownership.

What the Filing Says

The filing indicates that Palmer Thomas W, through the Thomas W. Palmer Revocable Trust, now owns 770 shares of Class A common stock following a transaction on October 31, 2026. Additionally, the report details a transaction involving 65 shares acquired under the Directors' Deferred Compensation Plan at a price of $261.39 per share.

Impact

This update may affect other stakeholders within the insurance industry, particularly those keeping an eye on insider transactions and stock ownership changes. The ongoing activity suggests a strategic approach by Palmer Thomas W in managing his investments in Erie Indemnity Co.

What's Next

The filing does not say what happens next.

Details of the Transaction

The filing also specifies that Palmer Thomas W's ownership following the transaction includes 770 shares of Class A common stock, which are held through the Thomas W. Palmer Revocable Trust. This indicates a direct ownership structure, as denoted by the filing.

Directors' Deferred Compensation Plan

Furthermore, the transaction involving 65 shares was acquired under the Directors' Deferred Compensation Plan. This plan allows directors to defer compensation in the form of stock credits, which are credited periodically to their accounts. The filing notes that these share credits do not have a conversion price applicable, highlighting the unique nature of this compensation structure.

Post-Transaction Ownership

After the transaction, Palmer Thomas W has a total of 16,051.011 shares of Class A common stock, including both direct ownership and shares acquired through the deferred compensation plan. This substantial holding reflects his ongoing commitment to Erie Indemnity Co.

Additional Context

While the filing provides essential details regarding the transaction and ownership, it does not include any insights into Palmer Thomas W's future plans or intentions regarding his shares. It also lacks information on the broader implications of this transaction for Erie Indemnity Co or its stock performance.