Donegal Group (NASDAQ: DGICA) EVP reports ESPP-related Class A share move
Rhea-AI Filing Summary
DONEGAL GROUP INC executive William Daniel Delamater recorded an internal share transaction under the company’s Employee Stock Purchase Plan. The EVP & Chief Operating Officer reported an “other acquisition or disposition” of 324 shares of Class A Common Stock at $16.031 per share.
Following this plan-related adjustment, his directly owned Class A holdings totaled 2,336 shares. The transaction was classified as an “other” restructuring event rather than a standard open-market buy or sell.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 324 | $16.031 | $5K |
Footnotes (1)
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Key Figures
Key Terms
Employee Stock Purchase Plan financial
Other acquisition or disposition financial
Class A Common Stock financial
Form 4 regulatory
FAQ
What insider transaction did DONEGAL GROUP INC (DGICA) report for William Daniel Delamater?
DONEGAL GROUP INC reported that EVP & Chief Oper Officer William Daniel Delamater recorded an “other acquisition or disposition” of 324 Class A Common shares at $16.031 each, linked to the Employee Stock Purchase Plan.
Was Delamater’s DONEGAL GROUP INC (DGICA) Form 4 transaction a market buy or sell?
The Form 4 classifies the transaction as code J, an “other acquisition or disposition,” associated with the Employee Stock Purchase Plan, rather than a standard open-market purchase or sale.
What does transaction code J mean in the DONEGAL GROUP INC (DGICA) Form 4 filing?
Transaction code J in this Form 4 indicates an “Other acquisition or disposition” of securities, here tied to the Employee Stock Purchase Plan, not a straightforward market trade like a typical buy or sell.
Which security class was involved in Delamater’s DONEGAL GROUP INC (DGICA) transaction?
The transaction involved DONEGAL GROUP INC Class A Common Stock, with 324 shares reported under the Employee Stock Purchase Plan on the Form 4.