4Filed Aug 17, 8:00 PM ET
Donegal Group (DGICA) CIO Vincent Viozzi Buys 32 Shares via DRIP
$DGICA · DONEGAL GROUP INCResearch Summary
AI-generated summary of this SEC filing
Donegal Group (DGICA) CIO Vincent Viozzi Buys 32 Shares via DRIP
What Happened
Vincent Anthony Viozzi, Sr. VP & Chief Investment Officer of Donegal Group Inc. (DGICA), acquired 32 shares on 2026-08-14 at $19.45 per share, a total of approximately $622. The transaction is coded as "J" and is part of a Dividend Reinvestment Plan (DRIP), meaning dividends were used to purchase additional shares.
Key Details
- Transaction date and price: 2026-08-14 — 32 shares at $19.45 each.
- Total value: ~ $622.
- Transaction code: J (other acquisition/disposition); footnote F1 indicates Dividend Reinvestment Plan.
- Shares owned after transaction: not specified in the provided filing.
- Filing date and timeliness: Form 4 filed 2026-08-18; this filing is within the typical two-business-day reporting window and appears timely.
Context
A DRIP purchase is an automatic reinvestment of dividends into more shares and is a routine way insiders increase holdings; it does not necessarily reflect a discretionary buy decision. While purchases can be more informative than sales, this is a small, routine dividend-driven acquisition rather than an opportunistic open-market purchase.