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 and related options.
Summary
- On March 6, 2025, Sanjay Pandey exercised options to acquire 5,469 shares of Class A Common Stock at $14.43 per share and simultaneously sold the same amount at $18.0086 per share.
- On March 7, 2025, Pandey exercised options to acquire 6,192 shares of Class A Common Stock at $14.43 per share and simultaneously sold the same amount at $18.0097 per share.
- Following these transactions, Pandey directly owns 7,449 shares of Class A Common Stock and indirectly owns 27,454 shares through a 401(k) plan.
- Pandey also directly owns 7,972 options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
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 company executives and assess their confidence in the company's prospects.
Stakeholder Impact
- Shareholders can use this information to understand insider trading activity and assess management's view of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 07/01/2021 | Options Date Exercisable |
| 03/06/2025 | Date of Transaction |
| 03/07/2025 | Date of Transaction |
| 03/10/2025 | Date of Signature |
| 12/17/2025 | Options Expiration Date |
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