Form 4: Donegal Group Inc. Executive Folmar Reports Stock Transactions
SEC Form 4 Filing
William Albert Folmar, a Senior Vice President at Donegal Group Inc., reported the acquisition and disposal of Class A Common Stock and related options.
Summary
- On March 7, 2025, William Albert Folmar exercised options to acquire 13,257 shares of Class A Common Stock at a price of $14.43 per share and sold the same amount at $17.9765 per share.
- Following these transactions, Folmar directly owns 950 shares of Class A Common Stock.
- On March 10, 2025, Folmar exercised options to acquire 6,017 shares of Class A Common Stock at a price of $14.43 per share and sold the same amount at $17.9728 per share.
- Following these transactions, Folmar directly owns 950 shares of Class A Common Stock.
- After these transactions, Folmar directly holds 7,743 options.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel and their alignment with shareholder interests.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 07/01/2021 | Date options were exercisable |
| 03/07/2025 | Date of first reported transaction: Exercise of options and sale of Class A Common Stock. |
| 03/10/2025 | Date of second reported transaction: Exercise of options and sale of Class A Common Stock. |
| 03/10/2025 | Date of signature by power of attorney. |
| 12/17/2025 | Expiration date of options. |
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