{"schema_version":"secwatch.filing_event.v1","accession":"0000922621-23-000010","form_type":"8-K","ticker":"ERIE","cik":"0000922621","company_name":"ERIE INDEMNITY CO","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.832862+00:00","generated_at":"2026-06-16T10:57:15.959476+00:00","sec_items":["2.02","5.07","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Erie Indemnity Q1 net income up 26% to $86.2M; dividend raised to $1.19","bullets":["Net income $86.2M ($1.65 diluted EPS) vs $68.6M ($1.31) in Q1 2022.","Operating income before tax rose 31.1% to $110.5M; management fee revenue up 14.4%.","Quarterly dividend on Class A common stock increased to $1.19 per share (from $1.11), payable July 20.","Shareholders re-elected all 11 directors; advisory vote favored 'every three years' for executive compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0000922621-23-000010","json":"https://secwatch.observer/filing/0000922621-23-000010.json","markdown":"https://secwatch.observer/filing/0000922621-23-000010.md","text":"https://secwatch.observer/filing/0000922621-23-000010.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/erie-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:57:15.959476+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a8aed4a0e70348e8f21d098af83645feb700ba8","claim":"ERIE INDEMNITY CO reported the quarter ended March 31, 2023 results: net income $86.2 million, EPS $1.65 per diluted share.","evidence_excerpt":"On April 27, 2023, Erie Indemnity Company (the “Company”) issued a press release announcing financial results for the quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$86.2 million"},{"label":"EPS","value":"$1.65 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"91bd4d739aacb9b6d0cc0e81fb8b3a4ae2dfe348","claim":"ERIE INDEMNITY CO shareholders approved Select preferred frequency of future advisory votes on executive compensation at the 2023-04-25 meeting.","evidence_excerpt":"a majority (2,509) of the voted shares selected “every three years” as the preferred frequency of future advisory votes on executive compensation, with 20 votes selecting “every year,” 10 votes selecting “every two years” and no abstentions.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"d2871c37030694f22600cdc69cf5c743302b5f8d","claim":"ERIE INDEMNITY CO shareholders approved Approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s 2023 Information Statement at the 2023-04-25 meeting.","evidence_excerpt":"In accordance with the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, shareholders were asked to (i) approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in the Company’s 2023 Information Statement, and (ii) select “every year,” “every two years,” “every three years” or “abstain” as the preferred frequency of future advisory votes on executive compensation. The compensation of the named executive officers was unanimously approved by the 2,539 votes cast","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"d3a38d5f8d8027952f266f21b6ad9fe24009a98b","claim":"ERIE INDEMNITY CO shareholders approved Adopt the Company’s Deferred Stock Plan for Outside Directors, as Amended and Restated at the 2023-04-25 meeting.","evidence_excerpt":"Shareholders were also asked to approve the adoption of the Company’s Deferred Stock Plan for Outside Directors, as Amended and Restated (the “Plan”). The adoption of the Plan was approved by a majority (2,529) of the votes cast, with 10 abstentions.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"},{"claim_id":"dfce89a95e273097304106b8cdf987453376c5e0","claim":"ERIE INDEMNITY CO shareholders approved Re-election of 11 incumbent directors at the 2023-04-25 meeting.","evidence_excerpt":"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. 2,539 Eugene C. Connell 2,539 Salvatore Correnti 2,539 LuAnn Datesh 2,539 Jonathan Hirt Hagen 2,539 Thomas B. Hagen 2,539 C. Scott Hartz 2,539 Brian A. Hudson, Sr. 2,539 George R. Lucore 2,539 Thomas W. Palmer 2,539 Elizabeth Hirt Vorsheck 2,539","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/922621/000092262123000010/0000922621-23-000010-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-04-25"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}