Insider trading activities (stock purchases, sales, and option exercises) reported by insiders of Erie Indemnity Co (ERIE) since 2005 are shown in Table 1 and Table 2. Table 1 shows the monthly insider trading data of Erie Indemnity Co. Table 2 shows the detailed insider transactions. This company's CIK number is 922621.
Total stock buying since 2005: $5,053,441.
Total stock sales since 2005: $46,561,056.
Total stock option exercises since 2005: $0.
| Insider Buying | Insider Sales | Option Exercises | ||||
|---|---|---|---|---|---|---|
| Year | Shares | Value | Shares | Value | Shares | Value |
| 2024 | 0 | $0 | 11,000 | $4,543,316 | 0 | $0 |
| 2023 | 0 | $0 | 2,000 | $565,044 | 0 | $0 |
| 2022 | 0 | $0 | 750 | $189,536 | 0 | $0 |
| 2021 | 400 | $74,064 | 0 | $0 | 0 | $0 |
| 2020 | 475 | $65,601 | 0 | $0 | 0 | $0 |
| 2019 | 801 | $185,037 | 30,000 | $5,964,850 | 0 | $0 |
| 2018 | 6,008 | $730,926 | 0 | $0 | 0 | $0 |
| 2017 | 630 | $73,722 | 2,700 | $324,423 | 0 | $0 |
| 2016 | 0 | $0 | 25,355 | $2,527,033 | 0 | $0 |
| 2015 | 2,750 | $219,909 | 0 | $0 | 0 | $0 |
| 2014 | 0 | $0 | 300 | $25,743 | 0 | $0 |
| 2013 | 250 | $19,250 | 4,173 | $307,542 | 0 | $0 |
| 2012 | 7,115 | $497,506 | 22,072 | $1,410,029 | 0 | $0 |
| 2011 | 3,025 | $212,859 | 1,000 | $73,578 | 0 | $0 |
| 2010 | 2,960 | $135,847 | 0 | $0 | 0 | $0 |
| 2009 | 968,797 | $508,428 | 0 | $0 | 0 | $0 |
| 2008 | 53,960 | $1,839,570 | 15,204 | $739,398 | 0 | $0 |
| 2007 | 3,130 | $166,860 | 217,937 | $12,104,456 | 0 | $0 |
| 2006 | 5,000 | $252,304 | 17,811 | $966,328 | 0 | $0 |
| 2005 | 1,377 | $71,558 | 327,956 | $16,819,780 | 0 | $0 |
| Trading Period | Insider Buying | Insider Sales | Option Exercises | |||
|---|---|---|---|---|---|---|
| year-month | Shares | Value | Shares | Value | Shares | Value |
| 2024-08 | 0 | $0 | 1,000 | $469,546 | 0 | $0 |
| 2024-02 | 0 | $0 | 10,000 | $4,073,770 | 0 | $0 |
| 2023-08 | 0 | $0 | 2,000 | $565,044 | 0 | $0 |
| 2022-11 | 0 | $0 | 750 | $189,536 | 0 | $0 |
| 2021-09 | 400 | $74,064 | 0 | $0 | 0 | $0 |
| 2020-03 | 475 | $65,601 | 0 | $0 | 0 | $0 |
| 2019-09 | 0 | $0 | 20,000 | $4,200,060 | 0 | $0 |
| 2019-06 | 686 | $165,024 | 0 | $0 | 0 | $0 |
| 2019-03 | 115 | $20,013 | 10,000 | $1,764,790 | 0 | $0 |
| 2018-12 | 1,070 | $140,328 | 0 | $0 | 0 | $0 |
| 2018-10 | 160 | $20,993 | 0 | $0 | 0 | $0 |
| 2018-08 | 1,691 | $216,055 | 0 | $0 | 0 | $0 |
| 2018-05 | 1,119 | $125,969 | 0 | $0 | 0 | $0 |
| 2018-03 | 415 | $48,897 | 0 | $0 | 0 | $0 |
| 2018-02 | 1,553 | $178,684 | 0 | $0 | 0 | $0 |
| 2017-12 | 200 | $23,739 | 0 | $0 | 0 | $0 |
| 2017-05 | 430 | $49,983 | 0 | $0 | 0 | $0 |
| 2017-03 | 0 | $0 | 2,700 | $324,423 | 0 | $0 |
| 2016-12 | 0 | $0 | 0 | $0 | 0 | $0 |
| 2016-09 | 0 | $0 | 1,822 | $188,764 | 0 | $0 |
| 2016-08 | 0 | $0 | 6,593 | $658,374 | 0 | $0 |
| 2016-06 | 0 | $0 | 16,940 | $1,679,895 | 0 | $0 |
| 2015-06 | 2,750 | $219,909 | 0 | $0 | 0 | $0 |
| 2014-11 | 0 | $0 | 300 | $25,743 | 0 | $0 |
| Trade Date | Insider Name | Trade Type | Shares | Price ($) | Value ($) |
|---|---|---|---|---|---|
| 2024-08-27 | Hartz Charles Scott (Director) | Sale | 500 | 485.83 | 242,914 |
| 2024-08-13 | Hartz Charles Scott (Director) | Sale | 500 | 453.26 | 226,632 |
| 2024-02-29 | Borneman J Ralph Jr (Director) | Sale | 10,000 | 407.38 | 4,073,770 |
| 2023-08-18 | Cipriani Marc (Senior Vice President) | Sale | 2,000 | 282.52 | 565,044 |
| 2022-11-11 | Cipriani Marc (Senior Vice President) | Sale | 750 | 252.72 | 189,536 |
| 2021-09-22 | Hagen Thomas B (Director) | Buy | 400 | 185.16 | 74,064 |
| 2020-03-25 | Connell Eugene C (Director) | Buy | 275 | 140.37 | 38,601 |
| 2020-03-12 | Vorsheck Elizabeth A (Director) | Buy | 200 | 135.00 | 27,000 |
| 2019-09-17 | Borneman J Ralph Jr (Director) | Sale | 20,000 | 210.00 | 4,200,060 |
| 2019-06-11 | Vorsheck Elizabeth A (Director) | Buy | 686 | 240.56 | 165,024 |
| 2019-03-26 | Borneman J Ralph Jr (Director) | Sale | 10,000 | 176.48 | 1,764,790 |
| 2019-03-25 | Hudson Brian Arden Sr. (Director) | Buy | 115 | 174.03 | 20,013 |
| 2018-12-31 | Colaizzo Louis F (SVP) | Buy | 750 | 133.00 | 99,750 |
| 2018-12-26 | Correnti Salvatore (Director) | Buy | 320 | 126.81 | 40,578 |
| 2018-10-30 | Necastro Timothy G (President & CEO) | Buy | 160 | 131.21 | 20,993 |
| 2018-08-21 | Necastro Timothy G (President & CEO) | Buy | 1,550 | 127.89 | 198,229 |
| 2018-08-03 | Necastro Timothy G (President & CEO) | Buy | 141 | 126.43 | 17,826 |
| 2018-05-29 | Colaizzo Louis F (SVP) | Buy | 1,000 | 112.00 | 112,000 |
| 2018-05-01 | Necastro Timothy G (President & CEO) | Buy | 119 | 117.39 | 13,969 |
| 2018-03-26 | Hudson Brian Arden Sr. (Director) | Buy | 180 | 115.30 | 20,754 |
| 2018-03-09 | Datesh Luann (Director) | Buy | 210 | 119.87 | 25,172 |
| 2018-03-06 | Necastro Timothy G (President & CEO) | Buy | 25 | 118.86 | 2,971 |
| 2018-02-28 | Necastro Timothy G (President & CEO) | Buy | 1,060 | 114.95 | 121,847 |
| 2018-02-27 | Necastro Timothy G (President & CEO) | Buy | 493 | 115.29 | 56,837 |
| 2017-12-18 | Datesh Luann (Director) | Buy | 200 | 118.69 | 23,739 |
| 2017-05-15 | Necastro Timothy G (President & CEO) | Buy | 430 | 116.24 | 49,983 |
| 2017-03-10 | Wilburn Robert C (Director) | Sale | 2,700 | 120.16 | 324,423 |
| 2016-12-28 | Stover Richard L (Director) | Sale | 0 | 113.66 | 0 |
| 2016-09-02 | Kearns John F (Other) | Sale | 1,822 | 103.60 | 188,764 |
| 2016-08-29 | Kearns John F (Other) | Sale | 300 | 101.86 | 30,558 |
| 2016-08-26 | Kearns John F (Other) | Sale | 1,250 | 101.22 | 126,531 |
| 2016-08-25 | Kearns John F (Other) | Sale | 1,500 | 99.97 | 149,950 |
| 2016-08-09 | Kearns John F (Other) | Sale | 500 | 99.70 | 49,850 |
| 2016-08-05 | Kearns John F (Other) | Sale | 400 | 98.40 | 39,361 |
| 2016-08-04 | Kearns John F (Other) | Sale | 143 | 99.65 | 14,249 |
| 2016-08-02 | Kearns John F (Other) | Sale | 2,500 | 99.15 | 247,875 |
| 2016-06-30 | Kearns John F (Executive Vice President) | Sale | 3,990 | 98.75 | 394,012 |
| 2016-06-30 | Dufala George D (Executive Vice President) | Sale | 12,950 | 99.30 | 1,285,883 |
| 2015-06-09 | Ingram Robert C Iii (Executive VP & CIO) | Buy | 1,054 | 79.90 | 84,214 |
| 2015-06-08 | Ingram Robert C Iii (Executive VP & CIO) | Buy | 1,446 | 79.90 | 115,535 |
| 2015-06-08 | Dufala George D (Executive Vice President) | Buy | 250 | 80.64 | 20,160 |
| 2014-11-13 | Wilburn Robert C (Director) | Sale | 300 | 85.81 | 25,743 |
| 2013-09-18 | Veshecco Gary D (Senior Vice President) | Sale | 1,200 | 74.11 | 88,926 |
| 2013-08-09 | Eastwood Bradley C (Senior VP & Chief Actuary) | Buy | 250 | 77.00 | 19,250 |
| 2013-08-09 | Lilly Claude C Iii (Director) | Sale | 901 | 77.38 | 69,718 |
| 2013-03-12 | Ferrie Cheryl A (Senior Vice President) | Sale | 1,000 | 74.01 | 74,009 |
| 2013-01-28 | Miller Eric A (Other) | Sale | 1,072 | 69.86 | 74,889 |
| 2012-12-28 | Zaprazny Ann H (Senior Vice President) | Buy | 200 | 66.67 | 13,333 |
| 2012-09-21 | Vorsheck Elizabeth A (Director) | Buy | 1,000 | 62.40 | 62,400 |
| 2012-09-17 | Zavasky Michael S (Executive Vice President) | Sale | 10,297 | 63.34 | 652,232 |
| 2012-09-14 | Zavasky Michael S (Executive Vice President) | Sale | 11,075 | 63.99 | 708,678 |
| 2012-09-05 | Feltz-upperman Lorianne (Senior Vice President) | Buy | 50 | 64.20 | 3,210 |
| 2012-06-13 | Smith Douglas Edward (Senior Vice President) | Buy | 1,000 | 69.00 | 69,000 |
| 2012-05-30 | Patun John R (Vice President) | Buy | 120 | 71.96 | 8,635 |
| 2012-05-17 | Miller Eric A (Senior Vice President) | Sale | 700 | 70.17 | 49,119 |
| 2012-05-10 | Cavanaugh Terrence W (President & CEO) | Buy | 1,000 | 70.35 | 70,346 |
| 2012-05-10 | Lilly Claude C Iii (Director) | Buy | 100 | 70.61 | 7,060 |
| 2012-05-08 | Plazony Michael A (Senior Vice President) | Buy | 300 | 69.43 | 20,829 |
| 2012-05-08 | Kearns John F (Executive Vice President) | Buy | 360 | 69.09 | 24,872 |
| 2012-05-08 | Colaizzo Louis F (Senior Vice President) | Buy | 1,000 | 69.34 | 69,342 |
| 2012-05-08 | Feltz-upperman Lorianne (Senior Vice President) | Buy | 50 | 68.44 | 3,422 |
| 2012-05-08 | Dufala George D (Executive Vice President) | Buy | 375 | 68.44 | 25,665 |
| 2012-03-27 | Postema Bradley G (Senior Vice President & CIO) | Buy | 100 | 77.98 | 7,798 |
| 2012-03-26 | Silver Sherri A (Senior Vice President) | Buy | 130 | 77.75 | 10,107 |
| 2012-03-23 | Burt Richard F Jr (Senior Vice President) | Buy | 250 | 76.16 | 19,040 |
| 2012-03-23 | Kearns John F (Executive Vice President) | Buy | 330 | 76.06 | 25,100 |
| 2012-03-09 | Dall Marcia A (EVP & CFO) | Buy | 650 | 76.59 | 49,782 |
| 2012-03-05 | Sheffield Martin (Director) | Buy | 100 | 75.65 | 7,565 |
| 2011-09-01 | Ferrie Cheryl A (Senior Vice President) | Sale | 1,000 | 73.58 | 73,578 |
| 2011-05-27 | Sheffield Martin (Director) | Buy | 300 | 71.29 | 21,388 |
| 2011-05-11 | Gutting Gregory J (Sr Vice President & Controller) | Buy | 500 | 71.50 | 35,750 |
| 2011-03-16 | Cavanaugh Terrence W (President & CEO) | Buy | 1,000 | 70.24 | 70,237 |
| 2011-03-02 | Smith Douglas Edward (Senior Vice President) | Buy | 500 | 69.81 | 34,905 |
| 2011-03-01 | Dall Marcia A (EVP & CFO) | Buy | 725 | 69.77 | 50,579 |
| 2010-12-03 | Marsh Christina M (Senior Vice President) | Buy | 160 | 62.86 | 10,057 |
| 2010-11-29 | Veshecco Gary D (Senior Vice President) | Buy | 190 | 62.88 | 11,946 |
| 2010-11-24 | Myers Matthew W (Senior Vice President) | Buy | 160 | 62.06 | 9,929 |
| 2010-06-23 | Sheffield Martin (Director) | Buy | 400 | 45.81 | 18,324 |
| 2010-06-10 | Stover Richard L (Director) | Buy | 500 | 45.62 | 22,809 |
| 2010-03-31 | Maher Timothy G (Senior Vice President) | Buy | 200 | 43.50 | 8,700 |
| 2010-03-04 | Lilly Claude C Iii (Director) | Buy | 100 | 40.49 | 4,049 |
| 2010-03-03 | Dall Marcia A (EVP & CFO) | Buy | 1,250 | 40.03 | 50,033 |
| 2009-12-16 | Cavanaugh Terrence W (President & CEO) | Buy | 2,000 | 38.62 | 77,230 |
| 2009-12-14 | Miller Eric A (Senior Vice President) | Buy | 100 | 37.67 | 3,767 |
| 2009-11-12 | Cavanaugh Terrence W (President & CEO) | Buy | 2,000 | 36.42 | 72,836 |
| 2009-08-12 | Cavanaugh Terrence W (President & CEO) | Buy | 2,000 | 37.16 | 74,320 |
| 2009-06-23 | Miller Eric A (Senior Vice President) | Buy | 100 | 35.03 | 3,503 |
| 2009-06-19 | Vorsheck Elizabeth A (Director) | Buy | 953,367 | .00 | 0 |
| 2009-06-17 | Miller Eric A (Senior Vice President) | Buy | 100 | 35.11 | 3,511 |
| 2009-05-21 | Miller Eric A (Senior Vice President) | Buy | 100 | 33.98 | 3,398 |
| 2009-05-20 | Gutting Gregory J (Sr Vice President & Controller) | Buy | 500 | 34.25 | 17,125 |
| 2009-05-13 | Miller Eric A (Senior Vice President) | Buy | 200 | 34.68 | 6,935 |
| 2009-05-12 | Miller Eric A (Senior Vice President) | Buy | 100 | 35.09 | 3,509 |
| 2009-05-06 | Lilly Claude C Iii (Director) | Buy | 230 | 33.64 | 7,737 |
| 2009-03-10 | Cavanaugh Terrence W (President & CEO) | Buy | 3,000 | 28.87 | 86,607 |
| 2009-03-03 | Vorsheck Elizabeth A (Director) | Buy | 5,000 | 29.59 | 147,950 |
| 2008-12-16 | Kearns John F (Senior Vice President) | Sale | 1,300 | 37.20 | 48,360 |
| 2008-11-26 | Cavanaugh Terrence W (President & CEO) | Buy | 3,000 | 35.70 | 107,094 |
| 2008-11-21 | Vorsheck Elizabeth A (Director) | Buy | 11,610 | 31.67 | 367,642 |
| 2008-11-20 | Vorsheck Elizabeth A (Director) | Buy | 30,000 | 32.57 | 977,039 |
| 2008-11-19 | Vorsheck Elizabeth A (Director) | Buy | 5,000 | 34.00 | 170,000 |
| 2008-09-08 | Necastro Timothy G (Sr Vice President & Controller) | Sale | 750 | 47.25 | 35,437 |
| 2008-08-28 | Dufala George D (Senior Vice President) | Sale | 550 | 45.85 | 25,217 |
| 2008-06-18 | Dufala George D (Senior Vice President) | Sale | 475 | 48.46 | 23,019 |
| 2008-06-13 | Necastro Timothy G (Sr Vice President & Controller) | Sale | 400 | 49.50 | 19,800 |
| 2008-06-13 | Tanous James J (Exec VP,Secy & General Counsel) | Buy | 2,000 | 49.36 | 98,716 |
| 2008-06-10 | Root Eric D (Senior Vice President) | Sale | 4,775 | 48.24 | 230,346 |
| 2008-06-06 | Wilburn Robert C (Director) | Buy | 1,000 | 50.30 | 50,299 |
| 2008-06-06 | Corbin Garrison Patricia (Director) | Buy | 100 | 50.38 | 5,038 |
| 2008-05-30 | Krahe Michael J (Executive Vice President) | Sale | 4,097 | 51.00 | 208,947 |
| 2008-05-29 | Krahe Michael J (Executive Vice President) | Sale | 730 | 51.00 | 37,230 |
| 2008-05-09 | Hamman Terry L (Regional Vice President) | Sale | 1,100 | 53.20 | 58,514 |
| 2008-03-26 | Krahe Michael J (Executive Vice President) | Sale | 1,027 | 51.15 | 52,528 |
| 2008-03-24 | Marti Kevin A (Executive Vice President-EFL) | Buy | 250 | 51.77 | 12,942 |
| 2008-03-20 | Kearns John F (Senior Vice President) | Buy | 1,000 | 50.80 | 50,800 |
| 2007-11-30 | Kearns John F (Senior Vice President) | Buy | 1,000 | 51.96 | 51,960 |
| 2007-11-29 | Palmer Thomas W (Director) | Buy | 770 | 52.23 | 40,214 |
| 2007-09-07 | Zimmer Christopher J (Regional Vice President) | Sale | 500 | 60.53 | 30,263 |
| 2007-08-28 | Kearns John F (Senior Vice President) | Buy | 1,000 | 55.25 | 55,250 |
| 2007-08-20 | Ludrof Jeffrey A (Other) | Sale | 25,000 | 55.08 | 1,377,794 |
| 2007-08-09 | Krahe Michael J (Executive Vice President) | Sale | 5,093 | 57.23 | 291,472 |
| 2007-08-07 | Dufala George D (Senior Vice President) | Sale | 443 | 55.99 | 24,802 |
| 2007-06-20 | Hagen Thomas B (Director) | Sale | 6,841 | 54.03 | 369,619 |
| 2007-06-15 | Necastro Timothy G (Sr Vice President & Controller) | Sale | 2,375 | 53.88 | 127,957 |
| 2007-05-30 | Dufala George D (Senior Vice President) | Sale | 367 | 55.61 | 20,408 |
| 2007-05-14 | Garcia Philip A (Executive VP & CFO) | Sale | 23,800 | 55.34 | 1,317,160 |
| 2007-05-11 | Garcia Philip A (Executive VP & CFO) | Sale | 6,100 | 55.91 | 341,044 |
| 2007-05-08 | Marti Kevin A (Executive Vice President) | Buy | 150 | 54.75 | 8,212 |
| 2007-05-08 | Ludrof Jeffrey A (President & CEO) | Buy | 60 | 55.25 | 3,315 |
| 2007-03-27 | Marti Kevin A (Executive Vice President) | Buy | 150 | 52.73 | 7,909 |
| 2007-03-08 | Necastro Timothy G (Sr Vice President & Controller) | Sale | 2,307 | 52.70 | 121,581 |
| 2007-01-17 | Ziegler Douglas F (Senior VP, Treasurer & CIO) | Sale | 29,800 | 55.59 | 1,656,522 |
| 2007-01-16 | Ziegler Douglas F (Senior VP, Treasurer & CIO) | Sale | 15,700 | 55.87 | 877,111 |
| 2007-01-12 | Ziegler Douglas F (Senior VP, Treasurer & CIO) | Sale | 14,200 | 55.86 | 793,183 |
| 2007-01-12 | Necastro Timothy G (Sr Vice President & Controller) | Sale | 425 | 55.83 | 23,726 |
| 2007-01-11 | Ziegler Douglas F (Senior VP, Treasurer & CIO) | Sale | 13,037 | 56.02 | 730,332 |
| 2007-01-10 | Ziegler Douglas F (Senior VP, Treasurer & CIO) | Sale | 22,263 | 55.97 | 1,245,904 |
| 2006-12-04 | Brinling John J Jr (Executive Vice President) | Sale | 1,000 | 56.40 | 56,400 |
| 2006-12-01 | Brinling John J Jr (Executive Vice President) | Sale | 2,000 | 56.10 | 112,200 |
| 2006-11-17 | Brinling John J Jr (Executive Vice President) | Sale | 1,000 | 54.90 | 54,900 |
| 2006-11-14 | Brinling John J Jr (Executive Vice President) | Sale | 1,000 | 54.91 | 54,910 |
| 2006-11-13 | Brinling John J Jr (Executive Vice President) | Sale | 5,121 | 54.26 | 277,839 |
| 2006-11-10 | Brinling John J Jr (Executive Vice President) | Sale | 3,795 | 54.23 | 205,802 |
| 2006-09-13 | Krahe Michael J (Executive Vice President) | Sale | 700 | 52.20 | 36,540 |
| 2006-08-10 | Ludrof Jeffrey A (President & CEO) | Buy | 2,000 | 49.95 | 99,896 |
| 2006-05-16 | Ludrof Jeffrey A (President & CEO) | Buy | 0 | 51.24 | 0 |
| 2006-05-10 | Ludrof Jeffrey A (President & CEO) | Buy | 2,000 | 51.23 | 102,460 |
| 2006-01-25 | Sommerwerck John P (Other) | Sale | 3,166 | 52.50 | 166,215 |
| 2006-01-24 | Sommerwerck John P (Other) | Sale | 29 | 52.50 | 1,522 |
| 2005-12-09 | Cooney Wilson Charles (Director) | Buy | 100 | 52.98 | 5,298 |
| 2005-12-07 | Corbin Garrison Patricia (Director) | Buy | 127 | 52.99 | 6,729 |
| 2005-12-02 | Graham John R (Director) | Buy | 500 | 53.00 | 26,500 |
| 2005-12-02 | Sommerwerck John P (Other) | Sale | 1,956 | 52.94 | 103,556 |
| 2005-10-18 | Van Gorder Jan R (Gen Counsel) | Sale | 32,000 | 52.28 | 1,672,864 |
| 2005-10-14 | Van Gorder Jan R (Gen Counsel) | Sale | 8,000 | 52.30 | 418,360 |
| 2005-10-12 | Van Gorder Jan R (Gen Counsel) | Sale | 4,000 | 52.50 | 210,000 |
| 2005-10-11 | Van Gorder Jan R (Gen Counsel) | Sale | 6,500 | 52.63 | 342,095 |
| 2005-10-10 | Van Gorder Jan R (Gen Counsel) | Sale | 33,000 | 52.69 | 1,738,605 |
| 2005-05-10 | Lilly Claude C Iii (Director) | Buy | 100 | 50.23 | 5,023 |
| 2005-05-10 | Ludrof Jeffrey A (CEO) | Buy | 450 | 50.48 | 22,715 |
| 2005-05-04 | Garcia Philip A (CFO) | Sale | 40,000 | 51.45 | 2,058,000 |
| 2005-03-17 | Cooney Wilson Charles (Director) | Buy | 100 | 52.94 | 5,293 |
| 2005-03-17 | Lucore George R (Senior Vice Presiden) | Sale | 2,500 | 53.00 | 132,500 |
| 2005-03-15 | Black Samuel P Iii (10% Owner) | Sale | 200,000 | 50.72 | 10,143,800 |
Insider trading activities including stock purchases, stock sales, and option exercises of ERIE listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of Erie Indemnity Co (symbol ERIE, CIK number 922621) see the Securities and Exchange Commission (SEC) website.