Erie Indemnity Company filed SEC Form 8-K: Results of Operations and Financial Condition, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
$ERIE
Specialty Insurers
Finance
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| stated value $0.0292 per share | |||||||||||||||||
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Emerging growth company ☐
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Item 2.02 Results of Operations and Financial Condition.
On April 25, 2024, Erie Indemnity Company (the “Company”) issued a press release announcing financial results for the quarter ended March 31, 2024. Copies of the press release and financial information are attached hereto and are incorporated herein by reference as Exhibit 99.1 and Exhibit 99.2, respectively.
On April 26, 2024 at 10:00 a.m. the Company will provide a pre-recorded Webcast that is complementary to the press release announcing financial results for the quarter ended March 31, 2024.
Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) The Company held its 99th Annual Meeting of Shareholders (the “Annual Meeting”) on April 23, 2024. On the record date for the Annual Meeting, the Company had 2,542 shares of Class B common stock outstanding, which had the exclusive right to vote on all matters presented for consideration at the meeting.
(b) At the Annual Meeting, shareholders of the Company re-elected all 11 incumbent directors to serve on the Company's Board of Directors for a one-year term. The names of the elected directors and voting results appear below. None of the shareholders who voted for the election of Directors withheld authority or abstained.
| For | |||||
| J. Ralph Borneman, Jr. | 2,540 | ||||
| Eugene C. Connell | 2,540 | ||||
| Salvatore Correnti | 2,540 | ||||
| LuAnn Datesh | 2,540 | ||||
| Jonathan Hirt Hagen | 2,540 | ||||
| Thomas B. Hagen | 2,540 | ||||
| C. Scott Hartz | 2,540 | ||||
| Brian A. Hudson, Sr. | 2,540 | ||||
| George R. Lucore | 2,540 | ||||
| Thomas W. Palmer | 2,540 | ||||
| Elizabeth Hirt Vorsheck | 2,540 | ||||
Shareholders were also asked to approve two compensation plan amendments. The First Amendment to the Company’s Equity Compensation Plan was unanimously approved by the 2,540 votes cast. The Company’s Amended and Restated Long Term Incentive Plan was also unanimously approved by the 2,540 votes cast.
Item 8.01 Other Events.
At its meeting on April 23, 2024, the Company's Board of Directors approved the following quarterly dividend on shares of Erie Indemnity Company Class A common stock:
Dividend Number: 376
Class A Rate Per Share: $1.275
Declaration Date: April 23, 2024
Ex-Dividend Date: July 8, 2024
Record Date: July 9, 2024
Payable Date: July 23, 2024
Item 9.01 Financial Statements and Exhibits.
Exhibit 99.1 Press Release
Exhibit 99.2 Financial Information
Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Exhibit Index
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||
| 99.2 | ||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Erie Indemnity Company | ||||||||||||||
| April 25, 2024 | By: | /s/ Julie M. Pelkowski | ||||||||||||
| Name: Julie M. Pelkowski | ||||||||||||||
| Title: Executive Vice President & CFO | ||||||||||||||