Last updated: 1 August 2024 at 11:39am EST

J. Ralph Borneman Net Worth




The estimated Net Worth of J Ralph Jr Borneman is at least $15.2 Million dollars as of 29 February 2024. Mr. Borneman owns over 10,000 units of Erie Indemnity Co stock worth over $5,015,800 and over the last 15 years he sold ERIE stock worth over $10,038,500. In addition, he makes $170,250 as Director at Erie Indemnity Co.

Mr. Borneman ERIE stock SEC Form 4 insiders trading

J has made over 3 trades of the Erie Indemnity Co stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of ERIE stock worth $4,073,800 on 29 February 2024.

The largest trade he's ever made was selling 20,000 units of Erie Indemnity Co stock on 17 September 2019 worth over $4,200,000. On average, J trades about 305 units every 14 days since 2009. As of 29 February 2024 he still owns at least 10,000 units of Erie Indemnity Co stock.

You can see the complete history of Mr. Borneman stock trades at the bottom of the page.





J. Ralph Borneman biography

J. Ralph Borneman Jr. serves as Director of the Company. He is President, Chief Executive Officer and Chairman of the Board, Body-Borneman Insurance & Financial Services LLC, insurance agency, Boyertown, PA, 2005 to present; President, Chief Executive Officer and Chairman of the Board, Body-Borneman Associates, Inc., insurance agency; President, Body-Borneman, Ltd. and Body-Borneman, Inc., 1967-2005, insurance agencies he co-founded. Mr. Borneman has extensive knowledge of, and over 50 years of experience with, the business of insurance, agency matters, sales and marketing, and insurance distribution strategies. He is a past President of the Professional Insurance Agents Association of Pennsylvania, Maryland and Delaware and has prior experience as a director of other public companies.

What is the salary of J Borneman?

As the Director of Erie Indemnity Co, the total compensation of J Borneman at Erie Indemnity Co is $170,250. There are 14 executives at Erie Indemnity Co getting paid more, with Timothy NeCastro having the highest compensation of $4,249,710.



How old is J Borneman?

J Borneman is 81, he's been the Director of Erie Indemnity Co since 1992. There are 1 older and 21 younger executives at Erie Indemnity Co. The oldest executive at Erie Indemnity Co. is Thomas Hagen, 84, who is the Independent Chairman of the Board.

What's J Borneman's mailing address?

J's mailing address filed with the SEC is 17 E. PHILADELPHIA AVENUE, PO BOX 584, BOYERTOWN, PA, 19512.

Insiders trading at Erie Indemnity Co

Over the last 15 years, insiders at Erie Indemnity Co have traded over $16,254,951 worth of Erie Indemnity Co stock and bought 985,111 units worth $2,520,210 . The most active insiders traders include Elizabeth A Vorsheck, Marcia A Dall, and J Ralph Jr Borneman. On average, Erie Indemnity Co executives and independent directors trade stock every 62 days with the average trade being worth of $6,059,086. The most recent stock trade was executed by Charles Scott Hartz on 27 August 2024, trading 500 units of ERIE stock currently worth $242,915.



What does Erie Indemnity Co do?

from our modest roots starting in 1925 as a pennsylvania auto insurer, we've grown to become a multi-line insurance company, offering auto, home, business and life insurance through our network of independent insurance agents. today, our geographic presence extends to 12 states and the district of columbia; from new york to north carolina and from wisconsin to tennessee. at erie, we adhere to disciplined underwriting, fair pricing and a prudent investment philosophy. these factors have contributed to our ability to earn consistently superior ratings in the insurance industry. the combination of a quality agency force, a commitment to customer service and the financial stability provided by erie insurance group assures our customers that we’ll be there when they need us most. according to a.m. best company, erie insurance group is the 15th largest homeowners insurer and 12th largest automobile insurer in the united states based on direct premiums written and the 20th largest propert



What does Erie Indemnity Co's logo look like?

Erie Indemnity Co. logo

Complete history of Mr. Borneman stock trades at Erie Indemnity Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
29 Feb 2024 J Ralph Jr Borneman
Director
Sale 10,000 $407.38 $4,073,800
29 Feb 2024
10,000
17 Sep 2019 J Ralph Jr Borneman
Director
Sale 20,000 $210.00 $4,200,000
17 Sep 2019
20,000
26 Mar 2019 J Ralph Jr Borneman
Director
Sale 10,000 $176.47 $1,764,700
26 Mar 2019
40,000


Erie Indemnity Co executives and stock owners

Erie Indemnity Co executives and other stock owners filed with the SEC include: