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Company Analysis

DGICA Insider Trading

DONEGAL GROUP INC | Fire, Marine & Casualty Insurance

Comprehensive Trading Performance Summary

The investment history of corporate insiders at DONEGAL GROUP INC provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Fire, Marine & Casualty Insurance sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2026-03-05 18:03 2026-03-03 DELAMATER WILLIAM DANIEL Officer - EVP & Chief Oper Officer OPT+S $17.63 9,000 $158,652 2,012 0.0%
2026-03-05 18:05 2026-03-03 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $17.63 9,000 $158,652 13,937,704 +0.1%
2025-12-15 16:28 2025-12-11 BAWEL DAVID BENJAMIN Officer - SVP & CHIEF ACCOUNTING OFFICER OPT+S $20.39 674 $13,745 21,336 0.0%
2025-12-12 21:57 2025-12-10 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $20.05 22,819 $457,473 13,913,704 +0.2%
2025-12-10 17:18 2025-12-08 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.67 55,524 $1,092,363 13,890,885 +0.4%
2025-12-03 17:57 2025-12-01 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $20.08 30,000 $602,259 13,835,361 +0.2%
2025-12-03 17:54 2025-12-01 ALTSHULER KRISTI SPENCER Officer - Sr. Vice President OPT+S $20.25 12,000 $243,016 0 0.0%
2025-12-01 16:29 2025-11-26 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $20.25 5,000 $101,270 13,805,361 +0.0%
2025-11-26 17:12 2025-11-24 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.97 16,000 $319,546 13,800,361 +0.1%
2025-11-26 17:21 2025-11-25 KRAFT KEVIN MICHAEL SR Director OPT+S $20.02 4,500 $90,081 13,436 0.0%
2025-11-24 16:18 2025-11-20 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $18.08 59,404 $1,073,846 4,751,974 +1.3%
2025-11-20 17:18 2025-11-18 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.73 14,691 $289,798 13,768,361 +0.1%
2025-11-18 16:39 2025-11-14 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.91 16,000 $318,618 13,753,670 +0.1%
2025-11-14 17:26 2025-11-12 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.57 35,794 $700,406 13,737,670 +0.3%
2025-11-14 17:48 2025-11-13 HECKER RICK JOSEPH Officer - SVP & GENERAL COUNSEL OPT+S $19.74 900 $17,762 0 0.0%
2025-11-14 17:53 2025-11-13 SZADY ANNETTE BROOKENS Director OPT+S $19.73 4,500 $88,767 2,500 0.0%
2025-11-14 17:35 2025-11-13 Moore Sewell Trezevant Jr Director OPT+S $19.70 4,500 $88,671 26,155 0.0%
2025-11-14 17:43 2025-11-12 WAGNER DANIEL J Officer - Sr. VP & Treasurer OPT+S $19.76 18,000 $355,711 95,384 0.0%
2025-11-12 16:19 2025-11-07 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.40 23,297 $452,018 13,701,876 +0.2%
2025-11-07 16:51 2025-11-05 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.12 16,000 $305,882 13,678,579 +0.1%
2025-11-06 01:04 2025-11-04 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $18.71 8,000 $149,704 13,662,579 +0.1%
2025-11-06 01:52 2025-11-05 MAHAN JON MARSHALL Director OPT+S $19.07 4,500 $85,811 9,488 0.0%
2025-09-15 15:29 2025-09-12 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.53 20,000 $390,654 13,654,579 +0.1%
2025-09-12 16:08 2025-09-10 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.20 36,573 $702,319 13,634,579 +0.3%
2025-09-10 15:53 2025-09-08 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.17 38,377 $735,710 13,598,006 +0.3%
2025-09-08 15:59 2025-09-04 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.22 19,212 $369,339 13,559,629 +0.1%
2025-09-04 15:14 2025-09-02 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $18.32 39,440 $722,493 13,540,417 +0.3%
2025-09-02 17:27 2025-08-28 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $17.77 28,032 $498,140 13,500,977 +0.2%
2025-08-28 16:22 2025-08-26 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $17.47 31,324 $547,277 13,472,945 +0.2%
2025-08-28 16:17 2025-08-27 KING DAVID CHARLES Director OPT+S $17.51 4,500 $78,782 2,500 0.0%
2025-08-25 18:30 2025-08-15 SPONIC DAVID WAYNE Officer - Senior Vice President BUY $17.75 4 $71 372 +1.1%
2025-05-28 15:58 2025-05-27 VIOZZI VINCENT ANTHONY Officer - Sr. VP & Chief Inv Officer OPT+S $20.24 19,173 $388,119 8,143 0.0%
2025-05-27 17:10 2025-05-23 DELAMATER WILLIAM DANIEL Officer - EVP & Chief Oper Officer OPT+S $19.78 8,696 $171,998 1,495 0.0%
2025-05-22 23:57 2025-05-21 DELAMATER WILLIAM DANIEL Officer - EVP & Chief Oper Officer OPT+S $20.50 304 $6,232 1,495 0.0%
2025-05-20 15:23 2025-05-19 FOLMAR WILLIAM ALBERT Officer - Sr. Vice President OPT+S $20.67 18,000 $371,988 950 0.0%
2025-05-19 16:11 2025-05-15 PANDEY SANJAY Officer - Sr. VP & Chief Info Officer OPT+S $20.27 12,982 $263,171 7,449 0.0%
2025-05-15 22:27 2025-05-15 SPONIC DAVID WAYNE Officer - Senior Vice President OPT+S $20.04 11,582 $232,103 2,006 0.0%
2025-05-15 18:11 2025-05-13 SPONIC DAVID WAYNE Officer - Senior Vice President OPT+S $20.01 418 $8,363 2,006 0.0%
2025-05-15 22:22 2025-05-15 HAY JEFFERY TIM Officer - Senior Vice President OPT+S $20.01 9,572 $191,574 6,112 0.0%
2025-05-15 18:14 2025-05-13 HAY JEFFERY TIM Officer - Senior Vice President OPT+S $20.01 346 $6,923 6,112 0.0%
2025-05-15 22:25 2025-05-15 FOLMAR WILLIAM ALBERT Officer - Sr. Vice President OPT+S $19.89 1,150 $22,868 950 0.0%
2025-05-15 18:22 2025-05-13 FOLMAR WILLIAM ALBERT Officer - Sr. Vice President OPT+S $19.88 16,850 $334,981 950 0.0%
2025-05-15 22:30 2025-05-15 Huber Barry C Director OPT+S $20.23 9,000 $182,034 15,367 0.0%
2025-05-13 17:05 2025-05-12 DONEGAL MUTUAL INSURANCE CO 10% owner BUY $19.83 71,000 $1,408,214 13,441,621 +0.5%
2025-05-13 16:47 2025-05-12 BAWEL DAVID BENJAMIN Officer - SVP & CHIEF ACCOUNTING OFFICER OPT+S $19.83 9,000 $178,506 20,417 0.0%
2025-05-13 16:56 2025-05-12 HOFFMAN CHRISTINA MARIE Officer - Sr. VP & Chief Risk Officer OPT+S $19.83 11,000 $218,174 4,405 0.0%
2025-05-13 16:54 2025-05-12 BURKE KEVIN GERARD Director, Officer - President & Chief Exec Officer OPT+S $19.83 27,000 $535,518 11,672 0.0%
2025-05-13 17:02 2025-05-12 MILLER JEFFREY DEAN Officer - EVP & Chief Financial Officer OPT+S $19.83 24,000 $476,016 23,980 0.0%
2025-05-13 16:33 2025-05-09 WAGNER DANIEL J Officer - Sr. VP & Treasurer OPT+S $19.87 14,043 $279,001 23,387 0.0%
2025-05-09 15:37 2025-05-07 HAY JEFFERY TIM Officer - Senior Vice President OPT+S $20.00 82 $1,640 6,112 0.0%
SHOW ENTRIES

How to Interpret $DGICA Trades

Not every insider transaction in DONEGAL GROUP INC is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $DGICA shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for DGICA

Insider activity data for DONEGAL GROUP INC is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $DGICA, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.