PANDEY SANJAY 4

What Happened
Sanjay Pandey, Senior Vice President & Chief Information Officer of Donegal Group Inc. (DGICA), acquired 270 shares on 2026-02-17 at $19.02 per share for a total of $5,135. The filing lists the transaction as an "other acquisition or disposition" (code J) and a footnote identifies the purchase as part of the company’s Dividend Reinvestment Plan.

Key Details

• Transaction date and price: 2026-02-17 — 270 shares at $19.02 each (total $5,135).
• Filing date: Form 4 filed 2026-02-20 reporting the 2/17 transaction; filing timeliness is not specified in the provided data.
• Shares owned after transaction: Not disclosed in the supplied filing details.
• Footnote: F1 = Dividend Reinvestment Plan (DRIP).
• Transaction code: J — "other acquisition or disposition" clarified here by the DRIP footnote.

Context
Dividend reinvestment purchases are routine: dividends are used to buy additional company shares rather than received in cash. Such DRIP acquisitions are generally considered a non-speculative way insiders increase holdings and are different from open-market buys funded with new cash or option exercises.