Donegal CFO reports 401(k) share transaction
DONEGAL GROUP INC executive vice president and chief financial officer Jeffrey Dean Miller reported an “other” transaction coded J involving 465 shares of Class A Common Stock at $17.25 per share in a 401(k) Plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
DONEGAL GROUP INC executive vice president and chief financial officer Jeffrey Dean Miller reported an “other” transaction coded J involving 465 shares of Class A Common Stock at $17.25 per share in a 401(k) Plan. Following these updates, he holds 26,527 Class A shares directly, 41,748 Class A shares through the 401(k) Plan, 106 Class B shares directly, and 478 Class B shares through the 401(k) Plan.
Insider Trade Summary
Other: 465 shares
Other
4 txns
Insider
MILLER JEFFREY DEAN
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 465 | $17.25 | $8K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 41,748 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)
Key Figures
Restructuring shares: 465 shares
Transaction price: $17.25 per share
Direct Class A holdings: 26,527 shares
+3 more
6 metrics
Restructuring shares
465 shares
Class A Common Stock in 401(k) Plan, code J transaction
Transaction price
$17.25 per share
Code J Class A Common Stock transaction
Direct Class A holdings
26,527 shares
Class A Common Stock held directly after transaction
Indirect Class A holdings
41,748 shares
Class A Common Stock in 401(k) Plan after transaction
Direct Class B holdings
106 shares
Class B Common Stock held directly after transaction
Indirect Class B holdings
478 shares
Class B Common Stock in 401(k) Plan after transaction
Key Terms
Class A Common Stock, Class B Common Stock, 401(k) Plan, transaction code J, +1 more
5 terms
Class A Common Stock financial
"security_title: "Class A Common Stock" with 26,527 and 41,748 shares reported"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"security_title: "Class B Common Stock" with 106 and 478 shares reported"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
401(k) Plan financial
"nature_of_ownership: "401(k) Plan" for indirect Class A and Class B holdings"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
transaction code J financial
"transaction_code: "J" described as "Other acquisition or disposition""
Other acquisition or disposition financial
"transaction_code_description: "Other acquisition or disposition" for the code J entry"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did DONEGAL GROUP INC (DGICA) report for Jeffrey Dean Miller?
DONEGAL GROUP INC reported an insider filing for EVP and CFO Jeffrey Dean Miller showing a code J “other” transaction involving 465 shares of Class A Common Stock at $17.25 per share within a 401(k) Plan, classified as other acquisition or disposition activity.
What does transaction code J mean in the DONEGAL GROUP INC (DGICA) Form 4?
In this Form 4, transaction code J is described as an “other acquisition or disposition” of securities. For Jeffrey Dean Miller, it applies to 465 Class A Common Stock shares at $17.25 per share held in a 401(k) Plan, indicating non-standard restructuring activity.
Was the DONEGAL GROUP INC (DGICA) insider transaction a clear buy or sell?
The reported activity is coded J, labeled as an “other acquisition or disposition” rather than a straightforward buy or sell. The filing characterizes it as a restructuring-type transaction involving 465 Class A shares at $17.25 per share within a 401(k) Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates