Erie Indemnity (ERIE) SVP updates Form 4 holdings disclosure
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Erie Indemnity Company senior vice president Anthony DaBreo filed an amended Form 4 that does not report any new trades but updates administrative details. The filing shows he directly holds 1,364.5530 shares of Class A common stock as of the reported date, and the amendment corrects the name of the person who previously filed on his behalf under a power of attorney.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DaBreo Anthony
Role
Senior Vice President, Life
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,364.553 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Direct Class A holdings: 1,364.5530 shares
1 metrics
Direct Class A holdings
1,364.5530 shares
Shares of Class A Common Stock owned directly after reported date
Key Terms
Form 4, power of attorney, Class A Common Stock, direct ownership
4 terms
Form 4 regulatory
"This amended Form 4 is being filed to correct the name"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
power of attorney regulatory
"filed the form on behalf of Mr. DaBreo under a power of attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
direct ownership financial
"ownership_type: "direct", ownership_code: "D""
FAQ
What does Anthony DaBreo’s amended Form 4 for ERIE show?
The amended Form 4 for ERIE shows no new buy or sell transactions. It confirms that Anthony DaBreo directly holds 1,364.5530 shares of Class A common stock and corrects the name of the person who previously filed on his behalf under a power of attorney.
Did the ERIE Form 4/A filing report any insider buying or selling?
The Form 4/A for ERIE did not report any insider purchases or sales. It is classified as a holding entry with an unknown transaction code, simply restating that Anthony DaBreo directly owns 1,364.5530 Class A shares after the reported date.
Why was Anthony DaBreo’s ERIE Form 4 amended?
The Form 4 for ERIE was amended to correct the name of the person who filed the original form on behalf of Anthony DaBreo under a power of attorney. The amendment is administrative and does not change his reported share holdings or add new transactions.