Employee stock plan transaction at Donegal Group (NASDAQ: DGICA)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DONEGAL GROUP INC Senior Vice President Noland Rone Deas Jr. reported an Employee Stock Purchase Plan transaction involving 527 shares of Class A Common Stock at $16.031 per share. Following this July 1, 2026 plan-related transaction, his direct holdings in Class A shares increased to 3,523.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEAS NOLAND RONE JR
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock | 527 | $16.031 | $8K |
Holdings After Transaction:
Class A Common Stock — 3,523 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
ESPP transaction shares: 527 shares
Transaction price: $16.031 per share
Shares after transaction: 3,523 shares
3 metrics
ESPP transaction shares
527 shares
Employee Stock Purchase Plan, code J restructuring
Transaction price
$16.031 per share
Price for ESPP-related Class A Common Stock
Shares after transaction
3,523 shares
Total Class A Common Stock directly held post-transaction
Key Terms
Employee Stock Purchase Plan, Other acquisition or disposition, Class A Common Stock
3 terms
Employee Stock Purchase Plan financial
"Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Other acquisition or disposition financial
"transaction_code_description: Other acquisition or disposition"
Class A Common Stock financial
"security_title: Class A Common Stock"
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.
FAQ
What insider transaction did DONEGAL GROUP INC (DGICA) report for Noland Rone Deas Jr.?
DONEGAL GROUP INC reported that Senior Vice President Noland Rone Deas Jr. had an Employee Stock Purchase Plan transaction involving 527 shares of Class A Common Stock at $16.031 per share, categorized as an “Other acquisition or disposition.”
What are Noland Rone Deas Jr.’s DONEGAL GROUP INC (DGICA) holdings after this Form 4?
After the reported Employee Stock Purchase Plan transaction, Senior Vice President Noland Rone Deas Jr. directly holds 3,523 shares of DONEGAL GROUP INC Class A Common Stock. This post-transaction balance is disclosed in the Form 4 as total shares following the transaction.
How is the DONEGAL GROUP INC (DGICA) Form 4 transaction classified by the SEC codes?
The transaction is coded J on the Form 4 for DONEGAL GROUP INC, meaning “Other acquisition or disposition.” It is further summarized as a restructuring-type event, linked to an Employee Stock Purchase Plan rather than a standard open-market buy or sell.
What does the Employee Stock Purchase Plan footnote mean for DONEGAL GROUP INC (DGICA)?
The footnote specifies that the Form 4 transaction relates to an Employee Stock Purchase Plan. This indicates the 527-share movement for DONEGAL GROUP INC reflects participation in an employer-sponsored stock plan, not a discretionary open-market trade by the executive.