Donegal Group (DGICA) SVP David Bawel Acquires 53 Shares
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Donegal Group (DGICA) SVP David Bawel Acquires 53 Shares
What Happened David Bawel, Senior Vice President & Chief Accounting Officer of Donegal Group Inc. (DGICA), acquired 53 shares on August 14, 2026 at $19.45 per share, for a total cost of $1,031. The transaction is reported on a Form 4 as an "other acquisition or disposition" (code J) and was effected through the company's Dividend Reinvestment Plan (see footnote F1).
Key Details
- Transaction date and price: 2026-08-14 at $19.45 per share.
- Shares acquired: 53; total value: $1,031 (approx).
- Method: Dividend Reinvestment Plan (footnote F1). Form 4 transaction code J indicates an acquisition by means other than an open-market purchase.
- Shares owned after transaction: not specified in the provided filing details.
- Filing date: Form filed with the SEC on 2026-08-18 (period of report 2026-08-14). No late-filing flag was provided in the data shown.
Context Dividend reinvestment plan purchases are routine: they convert cash dividends into additional company shares and are typically automatic and recurring rather than a discretionary market-timing buy. While purchases can signal confidence, small DRIP transactions like this one are generally administrative and not a strong standalone indicator of insider sentiment.