Form 4: Donegal Group Inc. Executive Daniel J. Wagner Reports Stock Acquisition
SEC Form 4 Filing
Daniel J. Wagner, Sr. VP & Treasurer of Donegal Group Inc., reports acquiring 641 shares of Class A Common Stock through a dividend reinvestment plan.
Summary
- On May 15, 2025, Daniel J. Wagner, Sr. VP & Treasurer of Donegal Group Inc. (DGICA), acquired 641 shares of Class A Common Stock through a dividend reinvestment plan at a price of $20.11 per share.
- Following the transaction, Wagner directly owns 23,387 shares of Class A Common Stock and 166 shares of Class B Common Stock.
- Wagner also indirectly owns 71,265 shares of Class A Common Stock through a 401(k) plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing a routine transaction. No information suggests positive or negative implications for the company's performance.
Positives
- The acquisition of shares through a dividend reinvestment plan indicates Wagner's continued investment in Donegal Group Inc.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential future performance indicators.
Stakeholder Impact
- The transaction provides stakeholders with insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Acquisition of Class A Common Stock through dividend reinvestment. |
| 05/19/2025 | Date of signature on the report. |
Keywords
Form 4, Donegal Group Inc, DGICA, Daniel J. Wagner, Dividend Reinvestment Plan, Class A Common Stock, Insider Trading, Beneficial Ownership
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