# Donegal Group Inc (DGICA) insider trading

> In the 12 months to Nov 10, 2026, 18 DGICA insiders reported open-market sales of $3.5M across 19 filings; one 10% owner bought $14.7M.

Canonical: https://massive.com/quote/dgica/insider-trading
Latest filing: 2026-11-09 (last 12 months; source: SEC EDGAR)
Source: Massive (https://massive.com/docs/llms.txt)

## Summary

| Measure | Value | Detail |
| --- | --- | --- |
| Open-market sales | $3.5M | 19 filings · 18 insiders |
| Open-market purchases | $14.7M | 36 filings · DONEGAL MUTUAL INSURANCE CO, 10% owner |

## Open-market trades by insider

| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
| --- | --- | --- | --- | --- | --- | --- |
| DONEGAL MUTUAL INSURANCE CO | 10% owner | — | $14.7M | 36 | — | 2026-11-09 |
| Noland Rone Deas Jr. | Senior Vice President | $467.3K | — | 1 | — | 2026-08-05 |
| Kevin Gerard Burke | President & Chief Exec Officer | $461.4K | — | 1 | — | 2026-09-14 |
| Jeffrey Dean Miller | EVP & Chief Financial Officer | $403.7K | — | 1 | — | 2026-09-14 |
| Daniel J. Wagner | Sr. VP & Treasurer | $355.7K | — | 1 | — | 2025-11-14 |
| Christina Marie Hoffman | Sr. VP & Chief Risk Officer | $354.1K | — | 1 | — | 2026-08-07 |
| Kristi Spencer Altshuler | Sr. Vice President | $243.0K | — | 1 | — | 2025-12-03 |
| Dennis Joseph Bixenman | Director | $216.7K | — | 1 | — | 2026-08-05 |
| David Benjamin Bawel | SVP & CHIEF ACCOUNTING OFFICER | $174.3K | — | 2 | — | 2026-09-11 |
| David Charles King | Director | $174.0K | — | 1 | — | 2026-08-05 |
| William Daniel Delamater | EVP & Chief Oper Officer | $158.7K | — | 1 | — | 2026-03-05 |
| Kevin Michael Kraft Sr. | Director | $90.1K | — | 1 | — | 2025-11-26 |
| Annette Brookens Szady | Director | $88.8K | — | 1 | — | 2025-11-14 |
| Sewell Trezevant Moore Jr. | Director | $88.7K | — | 1 | — | 2025-11-14 |
| Barry Craig Huber | Director | $87.4K | — | 1 | — | 2026-09-04 |
| Jon Marshall Mahan | Director | $87.2K | — | 1 | — | 2026-11-05 |
| Vincent Anthony Viozzi | Sr. VP & Chief Inv Officer | $44.5K | — | 1 | — | 2026-09-04 |
| Sanjay Pandey | Sr. VP & Chief Info Officer | $20.9K | — | 1 | — | 2026-11-09 |
| Rick Joseph Hecker | SVP & GENERAL COUNSEL | $17.8K | — | 1 | — | 2025-11-14 |

## Open-market trades by filing

55 filings in the last 12 months, newest first.

| Filed | Traded | Insider | Role | Type | Shares | Avg price | Value | Held after | Filing |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 2026-11-09 | 2026-11-05 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 33,000 | $18.83 | $621.5K | 14,435,128 | — |
| 2026-11-09 | 2026-11-05 | Sanjay Pandey | Sr. VP & Chief Info Officer | Sale | 1,070 | $19.52 | $20.9K | 8,697 | — |
| 2026-11-05 | 2026-11-03 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 15,000 | $18.81 | $282.2K | 14,402,128 | — |
| 2026-11-05 | 2026-11-05 | Jon Marshall Mahan | Director | Sale | 4,500 | $19.39 | $87.2K | 10,688 | — |
| 2026-09-14 | 2026-09-11 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 54,725 | $19.23 | $1.1M | 14,342,128 | — |
| 2026-09-14 | 2026-09-11 | Jeffrey Dean Miller | EVP & Chief Financial Officer | Sale | 21,000 | $19.23 | $403.7K | 27,176 | — |
| 2026-09-14 | 2026-09-11 | Kevin Gerard Burke | President & Chief Exec Officer | Sale | 24,000 | $19.23 | $461.4K | 13,870 | — |
| 2026-09-11 | 2026-09-09 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 23,469 | $19.13 | $448.9K | 14,332,403 | — |
| 2026-09-11 | 2026-09-09 | David Benjamin Bawel | SVP & CHIEF ACCOUNTING OFFICER | Sale | 8,326 | $19.28 | $160.5K | 22,331 | — |
| 2026-09-09 | 2026-09-04 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 16,368 | $19.24 | $314.8K | 14,308,934 | — |
| 2026-09-04 | 2026-09-02 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 19,595 | $19.48 | $381.8K | 14,292,566 | — |
| 2026-09-04 | 2026-09-03 | Barry Craig Huber | Director | Sale | 4,500 | $19.43 | $87.4K | 16,567 | — |
| 2026-09-04 | 2026-09-03 | Vincent Anthony Viozzi | Sr. VP & Chief Inv Officer | Sale | 2,282 | $19.50 | $44.5K | 5,861 | — |
| 2026-09-02 | 2026-08-31 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 19,257 | $19.17 | $369.2K | 14,272,971 | — |
| 2026-08-31 | 2026-08-27 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 20,000 | $19.07 | $381.5K | 14,253,714 | — |
| 2026-08-27 | 2026-08-25 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 19,508 | $19.05 | $371.6K | 14,233,714 | — |
| 2026-08-25 | 2026-08-21 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 20,000 | $18.87 | $377.4K | 14,214,206 | — |
| 2026-08-21 | 2026-08-19 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 19,515 | $18.63 | $363.7K | 14,194,206 | — |
| 2026-08-19 | 2026-08-17 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 20,000 | $18.56 | $371.2K | 14,174,691 | — |
| 2026-08-07 | 2026-08-06 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 18,000 | $19.67 | $354.1K | 14,154,691 | — |
| 2026-08-07 | 2026-08-06 | Christina Marie Hoffman | Sr. VP & Chief Risk Officer | Sale | 18,000 | $19.67 | $354.1K | 4,655 | — |
| 2026-08-05 | 2026-08-04 | Dennis Joseph Bixenman | Director | Sale | 11,250 | $19.26 | $216.7K | 9,355 | — |
| 2026-08-05 | 2026-08-04 | David Charles King | Director | Sale | 9,000 | $19.33 | $174.0K | 3,700 | — |
| 2026-08-05 | 2026-08-04 | Noland Rone Deas Jr. | Senior Vice President | Sale | 24,000 | $19.47 | $467.3K | 3,523 | — |
| 2026-06-15 | 2026-06-11 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 19,582 | $17.59 | $344.4K | 14,136,691 | — |
| 2026-06-04 | 2026-06-02 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 18,500 | $16.81 | $311.0K | 14,117,109 | — |
| 2026-06-02 | 2026-05-29 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $16.93 | $287.8K | 14,098,609 | — |
| 2026-05-29 | 2026-05-28 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 8,500 | $16.98 | $144.4K | 14,081,609 | — |
| 2026-05-28 | 2026-05-26 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $17.24 | $293.1K | 14,073,109 | — |
| 2026-05-26 | 2026-05-21 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $17.44 | $296.5K | 14,056,109 | — |
| 2026-05-20 | 2026-05-19 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 16,828 | $17.45 | $293.7K | 14,039,109 | — |
| 2026-05-19 | 2026-05-15 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $17.25 | $293.2K | 14,022,281 | — |
| 2026-05-15 | 2026-05-13 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $17.01 | $289.1K | 14,005,281 | — |
| 2026-05-13 | 2026-05-11 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $17.08 | $290.3K | 13,988,281 | — |
| 2026-05-11 | 2026-05-07 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 16,577 | $17.10 | $283.4K | 13,971,281 | — |
| 2026-05-07 | 2026-05-05 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 17,000 | $16.58 | $281.9K | 13,954,704 | — |
| 2026-03-05 | 2026-03-03 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 9,000 | $17.63 | $158.7K | 13,937,704 | — |
| 2026-03-05 | 2026-03-03 | William Daniel Delamater | EVP & Chief Oper Officer | Sale | 9,000 | $17.63 | $158.7K | 2,012 | — |
| 2025-12-15 | 2025-12-11 | David Benjamin Bawel | SVP & CHIEF ACCOUNTING OFFICER | Sale | 674 | $20.39 | $13.7K | 21,336 | — |
| 2025-12-12 | 2025-12-10 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 22,819 | $20.05 | $457.5K | 13,913,704 | — |
| 2025-12-10 | 2025-12-08 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 55,524 | $19.67 | $1.1M | 13,890,885 | — |
| 2025-12-03 | 2025-12-01 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 30,000 | $20.08 | $602.3K | 13,835,361 | — |
| 2025-12-03 | 2025-12-01 | Kristi Spencer Altshuler | Sr. Vice President | Sale | 12,000 | $20.25 | $243.0K | 0 | — |
| 2025-12-01 | 2025-11-26 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 5,000 | $20.25 | $101.3K | 13,805,361 | — |
| 2025-11-26 | 2025-11-24 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 16,000 | $19.97 | $319.5K | 13,800,361 | — |
| 2025-11-26 | 2025-11-25 | Kevin Michael Kraft Sr. | Director | Sale | 4,500 | $20.02 | $90.1K | 13,436 | — |
| 2025-11-24 | 2025-11-20 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 59,404 | $18.08 | $1.1M | 4,751,974 | — |
| 2025-11-20 | 2025-11-18 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 14,691 | $19.73 | $289.8K | 13,768,361 | — |
| 2025-11-18 | 2025-11-14 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 16,000 | $19.91 | $318.6K | 13,753,670 | — |
| 2025-11-14 | 2025-11-12 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 35,794 | $19.57 | $700.4K | 13,737,670 | — |
| 2025-11-14 | 2025-11-12 | Daniel J. Wagner | Sr. VP & Treasurer | Sale | 18,000 | $19.76 | $355.7K | 95,384 | — |
| 2025-11-14 | 2025-11-13 | Sewell Trezevant Moore Jr. | Director | Sale | 4,500 | $19.70 | $88.7K | 26,155 | — |
| 2025-11-14 | 2025-11-13 | Annette Brookens Szady | Director | Sale | 4,500 | $19.73 | $88.8K | 2,500 | — |
| 2025-11-14 | 2025-11-13 | Rick Joseph Hecker | SVP & GENERAL COUNSEL | Sale | 900 | $19.74 | $17.8K | 0 | — |
| 2025-11-12 | 2025-11-07 | DONEGAL MUTUAL INSURANCE CO | 10% owner | Purchase | 23,297 | $19.40 | $452.0K | 13,701,876 | — |

## Other insider activity (not market trades)

- Option exercises: 26 records
- Grants and awards: 11 records
- Other: 42 records

Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.

## How to read this page

- **Open-market purchase or sale**: A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- **Filing date**: Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.

## FAQ

### How current is DGICA’s insider data?

These are DGICA Form 4 filings from the last year, refreshed daily. The Massive Form 4 API has the full, continuously updated record.

### What counts as an open-market buy or sell?

Only purchases and sales at the market price. Option exercises, grants, gifts, and shares withheld for taxes are reported on Form 4 but are left out of the buy and sell totals.

## Live data

This page joins two Massive endpoints: Form 4 filings and daily prices. The DGICA Form 4 request:

- `GET https://api.massive.com/stocks/filings/vX/form-4?tickers=DGICA&filing_date.gte=2025-11-10&sort=filing_date.desc&limit=500`

Requests need a Massive API key. API reference for agents: https://massive.com/docs/llms.txt. Connect an AI agent through the Massive MCP server: https://massive.com/docs/ai-tools.

## Related

- [Donegal Group Inc (DGICA) stock price](https://massive.com/quote/dgica.md)
- [Recent insider trading](https://massive.com/quote/insider-trading.md)
- [Markets overview](https://massive.com/quote/index.md)

Nothing here is investment advice. Data and content are provided for informational purposes under the Massive Terms of Service: https://massive.com/terms