Donegal Group (DGICA) CFO reports 401(k) dividend reinvestment shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donegal Group Inc.’s EVP & Chief Financial Officer Jeffrey Dean Miller reported an “other” transaction in Class A common stock through a 401(k) Dividend Reinvestment Plan. The plan credited 396 Class A shares at $19.02 per share, bringing his indirect Class A 401(k) holdings to 41,283 shares.
The filing also reports Miller’s current holdings of 26,527 Class A shares held directly, 478 Class B shares held indirectly through a 401(k) plan, and 106 Class B shares held directly, without specifying new buy or sell transactions for these positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
MILLER JEFFREY DEAN
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 396 | $19.02 | $8K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 41,283 shares (Indirect, 401(k) Plan);
Class A Common Stock — 26,527 shares (Direct);
Class B Common Stock — 478 shares (Indirect, 401(k) Plan);
Class B Common Stock — 106 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Donegal Group (DGICA) report for Jeffrey Dean Miller?
Jeffrey Dean Miller reported an “other” transaction in Class A common stock via a Dividend Reinvestment Plan in a 401(k). The plan credited 396 shares at $19.02, classified as an indirect holding, rather than a traditional open-market buy or sell.
Does the Donegal Group Form 4 show traditional insider buying or selling by the CFO?
The Form 4 does not classify the activity as traditional insider buying or selling. Instead, it records an “other” transaction under code J, related to a Dividend Reinvestment Plan, plus updated holdings, which together are treated differently from standard open-market trades.