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 May 5, 2025.
Summary
- On May 5, 2025, Sanjay Pandey, Sr. VP & Chief Info Officer of Donegal Group Inc., engaged in transactions involving Class A Common Stock.
- Pandey acquired 5,018 shares of Class A Common Stock at a price of $14.39.
- Simultaneously, Pandey disposed of 5,018 shares of Class A Common Stock at a price of $20.001.
- 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.
- The transactions involved the exercise of options, with 5,018 options exercised at a price of $14.39.
- After the reported transactions, Pandey directly owns 12,982 options.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. 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 ownership by a company executive.
- The filing provides transparency to stakeholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| 07/01/2022 | Date exercisable for options |
| 12/16/2026 | Expiration date for options |
| 05/05/2025 | Date of earliest transaction (acquisition and disposal of stock, exercise of options) |
| 05/06/2025 | Date of signature on the report |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, DGICA, Donegal Group Inc., Sanjay Pandey, Class A Common Stock, Options, Insider Trading
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