FOLMAR WILLIAM ALBERT 4

What Happened
William Folmar, Senior Vice President of Donegal Group Inc. (DGICA), acquired 16 shares on July 1, 2026 at $16.03 per share, for a total of approximately $256. The filing lists the transaction as an "Other acquisition or disposition (J)" and includes a footnote indicating the Employee Stock Purchase Plan.

Key Details

• Transaction date and price: 2026-07-01 at $16.03 per share.
• Shares acquired: 16; total value ≈ $256.
• Post-transaction shares owned: not specified in the Form 4 filing.
• Footnote: F1 — Employee Stock Purchase Plan (ESPP).
• Filing date: 2026-07-02 (filed promptly, not marked late).

Context
This was a small ESPP purchase by an executive — employee stock plan purchases are common and typically routine. Purchases can be seen as a modest bullish signal, but the dollar amount here is minimal and should be weighed accordingly. The Form 4 does not indicate derivatives, option exercises, gifts, or a 10% ownership change.