Cook Cody, Executive Vice President at Erie Indemnity Company (ERIE), has demonstrated a consistent pattern of acquiring shares in the company over the past two years, with no recorded sales. SEC filings reveal 27 transactions totaling $42,460 in buy activity, all involving ERIE stock. The purchases, coded as "J" (Other acquisition or disposition), occurred at regular intervals—typically at month-end—with transaction values ranging from $397.87 on December 31, 2025, to $2,370.06 on July 31, 2025. The most recent activity includes a $1,329.69 acquisition on February 28, 2026, following a $1,961.26 purchase on January 31, 2026, and a $1,856.86 transaction on January 21, 2026.
The data shows a disciplined accumulation strategy, with Cook frequently executing paired transactions of identical amounts on the same day, such as the dual $1,911.23 purchases on October 31, 2025, and the $1,725.91 acquisitions on October 21, 2025. While the filings do not specify whether these were open-market purchases or equity awards, the absence of any sell transactions suggests a long-term holding bias. The activity spans a period of relative stability in acquisition sizes, with no sharp deviations in value or frequency, indicating a methodical approach to increasing exposure to ERIE.
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