Donegal EVP logs ESPP share transaction
DONEGAL GROUP INC executive William Daniel Delamater recorded an internal share transaction under the company’s Employee Stock Purchase Plan.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 324 | $16.031 | $5K |
Footnotes (1)
- F1. Employee Stock Purchase Plan
Key Figures
Key Terms
Employee Stock Purchase Plan financial
Other acquisition or disposition financial
Class A Common Stock financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.