DGICA.NASDAQDonegal Group INC

Form 4: Donegal Group Inc. Executive Sanjay Pandey Reports Stock Transactions

Sentiment:

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

DateDescription
07/01/2021Date exercisable for options
03/04/2025Date of earliest transaction; acquisition and disposal of shares; exercise of options
12/17/2025Expiration date for options
03/06/2025Date of signature by power of attorney

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