Form 4: Donegal Group Inc. Senior Vice President David Wayne Sponic Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President David Wayne Sponic reports the acquisition and disposal of Donegal Group Inc. Class A Common Stock on March 6, 2025.
Summary
- On March 6, 2025, David Wayne Sponic, a Senior Vice President at Donegal Group Inc., engaged in transactions involving Class A Common Stock.
- Sponic acquired 6,000 shares of Class A Common Stock at a price of $14.43 per share.
- Simultaneously, Sponic disposed of 6,000 shares of Class A Common Stock at a price of $17.9852 per share.
- Following these transactions, Sponic directly owns 2,006 shares of Class A Common Stock.
- Sponic also indirectly owns 365 shares through a 401(k) account.
- Sponic also exercised options to acquire 6,000 shares of Class A Common Stock at $14.43.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. There is no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the Securities and Exchange Commission (SEC).
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of company leadership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2021 | Date options were exercisable |
| 03/06/2025 | Date of stock transactions and options exercise |
| 03/07/2025 | Date of signature by power of attorney |
| 12/17/2025 | Expiration date of options |
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