Donegal Group (DGICB) SVP adds Class A shares in small insider buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donegal Group Inc Senior Vice President David Wayne Sponic reported a small purchase of Class A Common Stock. On 2025-08-15, an indirect account identified as a 401(k) acquired 4 shares at $17.75 per share in an open-market transaction.
After this trade, indirect holdings in the 401(k) totaled 372 Class A shares, while a separate line shows 2,006 Class A shares held directly as a baseline ownership figure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4 shares ($71)
Net Buy
2 txns
Insider
SPONIC DAVID WAYNE
Role
Senior Vice President
Bought
4 shs ($71.00)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 4 | $17.75 | $71.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 372 shares (Indirect, 401(k) Account);
Class A Common Stock — 2,006 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Donegal Group Inc (DGICB) report for David Wayne Sponic?
Donegal Group Inc reported that Senior Vice President David Wayne Sponic indirectly bought 4 Class A Common shares at $17.75 each. The purchase occurred on August 15, 2025, through a 401(k) account, reflecting a routine, small increase in insider-held shares.
Was the Donegal Group Inc (DGICB) insider transaction a buy or sell?
The Form 4 shows a buy transaction. David Wayne Sponic’s 401(k) account executed an open-market purchase of 4 Class A Common shares at $17.75 per share, modestly increasing his indirect ownership stake in Donegal Group Inc on August 15, 2025.
What type of security did the Donegal Group Inc (DGICB) insider purchase?
The insider purchase involved Donegal Group Inc Class A Common Stock. David Wayne Sponic’s 401(k) account acquired 4 Class A shares in an open-market transaction at $17.75 per share, as disclosed in the Form 4 insider trading report for August 15, 2025.
How significant is the Donegal Group Inc (DGICB) insider purchase reported on this Form 4?
The reported purchase is relatively small, involving 4 Class A shares bought at $17.75 each. It modestly increases David Wayne Sponic’s indirect 401(k) holdings to 372 shares, alongside 2,006 shares held directly, and appears as a routine ownership adjustment.