Donegal DGICA Insider Ownership

NASDAQ DGICA

$18.65 -0.12 (-0.64%)

At close: Oct 21, 2026 · 4:00 PM EDT

Insider Holdings by Owner

19.58Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

52.90%

▲+0.752% pp QoQ

Shares Held by Insiders

19.64Mn

filed for Sep 2026

▲+1.44% QoQ

Shares Outstanding

37.12Mn

37,119,282 shares

Direct Holdings

19.55Mn

Indirect: 83.47K

Net Shares Traded (QoQ)

+279.24K

net buying in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 11, 2026

Over the past 12 months, Donegal insiders bought $14.22 million of stock on the open market (760.95K shares) and sold $3.51 million (180.93K shares).

A count shows one insider buying DGICA stock on the open market over the past 12 months and 17 insiders selling.
Among Donegal's insiders, the largest open-market purchases in the past 12 months were by Donegal Mutual Insurance Co (10% owner), totaling $14.22 million (760.95K shares), most recently on September 11, 2026.
Conversely, Noland Rone Deas Jr. (Senior Vice President) was DGICA's largest open-market seller in the past 12 months, with $467,280 of sales (24K shares); the latest was on August 4, 2026.
Beyond open-market trades, insiders at Donegal received 1.2K shares in stock awards and acquired 169.65K shares through option exercises and conversions in the last 12 months.
According to Business Quant data, insiders at Donegal reported 19.64Mn shares in total in their latest Form 4 filings, or 52.90% of the 37.12Mn shares outstanding; that total is up 1.44% from 19.36Mn shares at the end of Q2 2026 and up 4.16% from 18.85Mn shares at the end of Q3 2025.
Direct holdings account for 19.55Mn shares (99.57%) of DGICA's insider total, and indirect holdings through trusts, partnerships and family members for 83.47K shares (0.43%).
Per Business Quant, 23 insiders of DGICA hold shares, counting officers, directors and 10% owners who have filed a Form 4 in the past two years.
Donegal's top three insider holders by shares held are Donegal Mutual Insurance Co (10% owner, 19.14Mn shares), Jack Lee Hess (Director, 122.14K shares) and Daniel J. Wagner (Senior VP & Treasurer, 95.38K shares).
The largest insider, Donegal Mutual Insurance Co, holds 97.46% of DGICA's insider total.
Institutions accounted for 42.93% of DGICA's outstanding shares in Q2 2026.
In the past year, 24 insiders of Donegal submitted 108 Form 4 filings reporting trades, awards or other transactions.
The insider holdings and trades above for Donegal reflect Form 4 filings through September 14, 2026.

Form 4 Holdings

Insiders Holding DGICA

Insiders 29

Shares held 19.58Mn

Of outstanding 52.75%

#	Insider	Position	Direct	Total	Share of Insiders	Last Filed
1	Mutual Insurance Co Donegal	TenPercentOwner	19,139,102	19,139,102	97.7%	14 Sep, 2026
2	Jack Lee Hess	Director	122,145	122,145	0.6%	20 Feb, 2026
3	Daniel J Wagner	Sr. Vp Treasurer	95,384	95,384	0.5%	14 Nov, 2025
4	Sewell Trezevant Jr Moore	Director	27,355	27,355	0.1%	02 Jan, 2026
5	Jeffrey Dean Miller	Evp Chief Financial Officer	27,176	27,176	0.1%	14 Sep, 2026
6	David Benjamin Bawel	Svp Chief Accounting Officer	22,331	22,331	0.1%	11 Sep, 2026
7	Barry Craig Huber	Director	16,567	16,567	0.1%	04 Sep, 2026
8	Kevin Michael Sr Kraft	Director	14,636	14,636	0.1%	02 Jan, 2026
9	Kevin Gerard Burke	President Chief Exec Officer	13,870	13,870	0.1%	14 Sep, 2026
10	Jon Marshall Mahan	Director	10,688	10,688	0.1%	02 Jan, 2026
11	Richard George Kelley	Sr. Vice President	10,152	10,152	0.1%	04 Jan, 2022
12	Richard D Ii Wampler	Director	10,102	10,102	0.1%	02 Jan, 2024
13	Dennis Joseph Bixenman	Director	9,355	9,355	0.0%	05 Aug, 2026
14	Scott Andrew Berlucchi	Director	8,897	8,897	0.0%	03 Jan, 2025
15	Sanjay Pandey	Sr. Vp Chief Info Officer	8,697	8,697	0.0%	02 Jul, 2026
16	Jeffery Tim Hay	Senior Vice President	8,143	8,143	0.0%	02 Jul, 2026
17	Francis Joseph Jr Haefner	Sr. Vice President	6,376	6,376	0.0%	04 Jan, 2022
18	Vincent Anthony Viozzi	Sr. Vp Chief Inv Officer	5,861	5,861	0.0%	04 Sep, 2026
19	Christina Marie Hoffman	Sr. Vp Chief Risk Officer	4,655	4,655	0.0%	07 Aug, 2026
20	Annette Brookens Szady	Director	3,700	3,700	0.0%	02 Jan, 2026
21	David Charles King	Director	3,700	3,700	0.0%	05 Aug, 2026
22	Noland Rone Jr Deas	Senior Vice President	3,523	3,523	0.0%	05 Aug, 2026
23	William Daniel Delamater	Evp Chief Oper Officer	2,336	2,336	0.0%	02 Jul, 2026
24	Britta Harris Schatz	Director	2,200	2,200	0.0%	02 Jan, 2026
25	David Wayne Sponic	Senior Vice President	2,006	2,006	0.0%	15 May, 2025
26	Robert Richard Jr Long	Sr. Vp, General Counsel	1,472	1,472	0.0%	08 Jul, 2024
27	William Albert Folmar	Sr. Vice President	999	999	0.0%	02 Jul, 2026
28	Matthew Thomas Hudnall	Senior Vice President	497	497	0.0%	04 Jan, 2024
29	Jeffrey Alan Jacobsen	Sr. Vice President	100	100	0.0%	03 Jun, 2022

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

2,759 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
11 Sep, 2026	Kevin Gerard Burke	President Chief Exec Officer	Acquired M	24,000	$14.39	$345.36K	37,870	Direct
11 Sep, 2026	Jeffrey Dean Miller	Evp Chief Financial Officer	Acquired M	21,000	$14.39	$302.19K	48,176	Direct
11 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	9,725	$19.25	$187.25K	14,342,128	Direct
11 Sep, 2026	Jeffrey Dean Miller	Evp Chief Financial Officer	Disposed S	21,000	$19.23	$403.75K	27,176	Direct
11 Sep, 2026	Kevin Gerard Burke	President Chief Exec Officer	Disposed S	24,000	$19.23	$461.42K	13,870	Direct
11 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	45,000	$19.23	$865.17K	14,387,128	Direct
11 Sep, 2026	Kevin Gerard Burke	President Chief Exec Officer	Disposed M	24,000	$14.39	$345.36K	0	Direct
11 Sep, 2026	Jeffrey Dean Miller	Evp Chief Financial Officer	Disposed M	21,000	$14.39	$302.19K	0	Direct
09 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	5,143	$18.89	$97.14K	14,314,077	Direct
09 Sep, 2026	David Benjamin Bawel	Svp Chief Accounting Officer	Acquired M	8,326	$14.39	$119.81K	30,657	Direct
09 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	8,326	$19.28	$160.51K	14,322,403	Direct
09 Sep, 2026	David Benjamin Bawel	Svp Chief Accounting Officer	Disposed S	8,326	$19.28	$160.51K	22,331	Direct
10 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	10,000	$19.13	$191.26K	14,332,403	Direct
09 Sep, 2026	David Benjamin Bawel	Svp Chief Accounting Officer	Disposed M	8,326	$14.39	$119.81K	0	Direct
04 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	6,368	$19.39	$123.49K	14,298,934	Direct
08 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	10,000	$19.14	$191.36K	14,308,934	Direct
02 Sep, 2026	Mutual Insurance Co Donegal	TenPercentOwner	Acquired P	10,000	$19.43	$194.33K	14,282,971	Direct
03 Sep, 2026	Vincent Anthony Viozzi	Sr. Vp Chief Inv Officer	Disposed S	2,282	$19.50	$44.50K	5,861	Direct
03 Sep, 2026	Barry Craig Huber	Director	Acquired M	4,500	$14.09	$63.41K	21,067	Direct
03 Sep, 2026	Barry Craig Huber	Director	Disposed S	4,500	$19.43	$87.44K	16,567	Direct

Showing 1 to 20 of 2,759 transactions