Form 4: Donegal Group Inc. Executive Sanjay Pandey Reports Stock Transactions
SEC Form 4 Filing
Sanjay Pandey, Sr. VP & Chief Info Officer of Donegal Group Inc., reports the acquisition and disposal of Class A Common Stock on March 4, 2025.
Summary
- On March 4, 2025, Sanjay Pandey, Sr. VP & Chief Info Officer of Donegal Group Inc., engaged in transactions involving Class A Common Stock.
- Pandey acquired 1,367 shares of Class A Common Stock at a price of $14.43.
- Simultaneously, Pandey disposed of 1,367 shares of Class A Common Stock at a price of $18.0028.
- Following these transactions, Pandey directly owns 7,449 shares of Class A Common Stock.
- Pandey also indirectly owns 27,454 shares through a 401(k) plan.
- Pandey exercised options for 1,367 shares of Class A Common Stock at an exercise price of $14.43.
- Following the reported transactions, Pandey holds 19,633 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/01/2021 | Date exercisable for options |
| 03/04/2025 | Date of earliest transaction; acquisition and disposal of shares; exercise of options |
| 12/17/2025 | Expiration date for options |
| 03/06/2025 | Date of signature by power of attorney |
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