---
schema_version: "secwatch.filing_event.v1"
accession: "0000922621-24-000009"
form_type: "8-K"
ticker: "ERIE"
cik: "0000922621"
company_name: "ERIE INDEMNITY CO"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T09:05:07.370608+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Erie Indemnity Q1 net income $124.6M, EPS $2.38; dividend raised to $1.275

## Summary
- Net income $124.6M ($2.38 diluted EPS) vs $86.2M ($1.65) in Q1 2023, up 44%.
- Operating income $138.8M, up 25.6% YoY on management fee revenue growth.
- Management fee revenue (policy issuance/renewal) up 19.3% to $665.7M.
- Quarterly dividend increased to $1.275/share (from $1.190), payable July 23; ex-div July 8.
- All 11 incumbent directors re-elected; equity and long-term incentive plans approved.

## SEC filing metadata
- accession: 0000922621-24-000009
- form_type: 8-K
- ticker: ERIE
- cik: 0000922621
- company_name: ERIE INDEMNITY CO
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/0000922621-24-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/erie-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000922621-24-000009
- JSON: https://secwatch.observer/filing/0000922621-24-000009.json
- Plain text: https://secwatch.observer/filing/0000922621-24-000009.txt

## Key facts
- Earnings Releases
  ERIE INDEMNITY CO reported the quarter ended March 31, 2024 results: net income $124.6 million, EPS $2.38 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: $124.6 million
  - EPS: $2.38 per diluted share
  - Result: reported results
  source text: Erie Indemnity Company (the “Company”) issued a press release announcing financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/0000922621-24-000009-index.htm
- Shareholder Votes
  ERIE INDEMNITY CO shareholders approved First Amendment to the Company’s Equity Compensation Plan at the 2024-04-23 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: The First Amendment to the Company’s Equity Compensation Plan was unanimously approved by the 2,540 votes cast.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/0000922621-24-000009-index.htm
- Shareholder Votes
  ERIE INDEMNITY CO shareholders approved Election of Directors at the 2024-04-23 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: the Company held its 99th Annual Meeting of Shareholders (the “Annual Meeting”) on April 23, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/0000922621-24-000009-index.htm
- Shareholder Votes
  ERIE INDEMNITY CO shareholders approved Amended and Restated Long Term Incentive Plan at the 2024-04-23 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2024-04-23
  source text: The Company’s Amended and Restated Long Term Incentive Plan was also unanimously approved by the 2,540 votes cast.
  evidence_url: https://www.sec.gov/Archives/edgar/data/922621/000092262124000009/0000922621-24-000009-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.