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., reports the acquisition and disposal of Class A Common Stock on May 15, 2025.
Summary
- On May 15, 2025, William Albert Folmar, a Senior Vice President of Donegal Group Inc. (DGICA), reported transactions involving Class A Common Stock.
- Folmar acquired 1,150 shares of Class A Common Stock at a price of $14.39 per share.
- Simultaneously, Folmar disposed of 1,150 shares of Class A Common Stock at a price of $19.885 per share.
- Following these transactions, Folmar directly owns 950 shares of Class A Common Stock.
- Folmar also exercised options for 1,150 shares of Class A Common Stock at an exercise price of $14.39.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an officer. There is no indication of positive or negative sentiment towards the company.
Positives
- The reporting person exercised options at $14.39 and sold shares at $19.885, indicating a profitable transaction.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.
Stakeholder Impact
- The transactions could have a minor impact on shareholders by providing insight into management's perspective on the stock's value.
Key Dates
| Date | Description |
|---|---|
| 07/01/2022 | Date exercisable for options |
| 05/15/2025 | Date of stock transactions and signature date. |
| 12/16/2026 | Expiration date for options |
Keywords
Form 4, Donegal Group Inc, DGICA, Stock Transaction, Beneficial Ownership, Class A Common Stock, Insider Trading, Folmar
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