Donegal Group (NASDAQ: DGICA) EVP exercises options, sells 9,000 shares

Rhea-AI Filing Summary

DONEGAL GROUP INC executive William Daniel Delamater, EVP & Chief Operating Officer, exercised options for 9,000 shares of Class A Common Stock at $14.39 per share and on the same day sold 9,000 shares at $17.628 per share. After these transactions, he directly owned 2,012 Class A shares.

Insider Trade Summary

Net Seller: 9,000 shares ($158,652)

Net Sell 3 txns

Insider DELAMATER WILLIAM DANIEL

Role EVP & Chief Oper Officer

Sold 9,000 shs ($159K)

Type	Security	Shares	Price	Value
Exercise	Options	9,000	$14.39	$130K
Exercise	Class A Common Stock	9,000	$14.39	$130K
Sale	Class A Common Stock	9,000	$17.628	$159K

Holdings After Transaction: Options — 0 shares (Direct); Class A Common Stock — 11,012 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DELAMATER WILLIAM DANIEL

(Last) (First) (Middle)

1195 RIVER ROAD

P.O. BOX 302

(Street)

MARIETTA PA 17547

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DONEGAL GROUP INC [ DGICA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Oper Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/03/2026		M		9,000	A	$14.39	11,012	D
Class A Common Stock	03/03/2026		S		9,000	D	$17.628	2,012	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	$14.39	03/03/2026		M			9,000	07/01/2022	12/16/2026	Class A Common Stock	9,000	$14.39	0	D

Explanation of Responses:

Remarks:

	Jeffrey D. Miller, by power of attorney	03/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did DGICA executive William Daniel Delamater report?

William Daniel Delamater reported exercising options for 9,000 DONEGAL GROUP INC Class A shares and selling 9,000 Class A shares. Both transactions occurred on March 3, 2026, reflecting option exercise followed by an open-market or private sale.

At what prices did DGICA insider William Daniel Delamater trade shares?

He exercised options at an exercise price of $14.39 per share and sold 9,000 Class A Common shares at $17.628 per share. These prices apply specifically to the transactions reported for March 3, 2026.

How many DGICA shares does William Daniel Delamater own after these Form 4 trades?

After the reported transactions, William Daniel Delamater directly owns 2,012 shares of DONEGAL GROUP INC Class A Common Stock. This figure reflects his direct beneficial ownership following the option exercise and subsequent sale on March 3, 2026.

What type of derivative transaction did DGICA report for William Daniel Delamater?

He exercised derivative securities classified as options into 9,000 shares of Class A Common Stock. The Form 4 labels this as an exercise or conversion of a derivative security, using transaction code M with a per-share exercise price of $14.39.

Was the DGICA insider sale by William Daniel Delamater an open-market transaction?

Yes. The filing describes the 9,000-share Class A Common Stock sale as an open-market or private transaction. It uses transaction code S, indicating a sale in the market or comparable private transaction at $17.628 per share.

What is William Daniel Delamater’s role at DONEGAL GROUP INC (DGICA)?

He serves as Executive Vice President and Chief Operating Officer of DONEGAL GROUP INC. The Form 4 identifies him as an officer, not a director or 10% owner, and reports his direct ownership of Class A Common Stock after these transactions.