Form 4: Donegal Group Inc. Executive Daniel J. Wagner Reports Stock Transactions

Daniel J. Wagner, Sr. VP & Treasurer of Donegal Group Inc., reports multiple transactions involving Class A Common Stock and options.

Summary

• Daniel J. Wagner, a Senior VP & Treasurer at Donegal Group Inc. (DGICA), filed a Form 4 detailing changes in beneficial ownership.
• On May 7, 2025, Wagner acquired shares of Class A Common Stock through option exercises at prices of $13.87, $14.09, and $14.39, and disposed of 200 shares at $20.
• On May 8, 2025, Wagner acquired additional shares through option exercises at prices of $13.87, $14.09, and $14.39, and disposed of 14,606 shares at $19.869.
• Following these transactions, Wagner directly owns 23,387 shares of Class A Common Stock, 70,624 shares indirectly through a 401(k) plan, and 166 shares of Class B Common Stock.
• Wagner also holds options to purchase Class A Common Stock at exercise prices of $13.87, $14.09, and $14.39, with expiration dates ranging from December 16, 2026, to December 21, 2028.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of insider trading activity. The sentiment is neither positive nor negative without further context.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's view of the company's prospects.

Stakeholder Impact

• The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.

Key Dates

Keywords

Form 4, beneficial ownership, DGICA, Donegal Group Inc., Daniel J. Wagner, stock options, Class A Common Stock, insider trading