Donegal Group (NASDAQ: DGICA) CFO adds stock via 401(k) reinvestment
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) reported that EVP & Chief Financial Officer Jeffrey Dean Miller acquired 417 shares of Class A Common Stock on August 14, 2026 at $19.45 per share through a transaction classified as an "other acquisition or disposition" under a Dividend Reinvestment Plan in a 401(k) plan. Following this, he held 42,165 Class A shares indirectly in the 401(k) plan, plus direct holdings of 27,176 Class A shares, along with 106 Class B shares held directly and 478 Class B shares held indirectly in a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 417 shares
Net Buy
4 txns
Insider
MILLER JEFFREY DEAN
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 417 | $19.45 | $8K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 42,165 shares (Indirect, 401(k) Plan);
Class A Common Stock — 27,176 shares (Direct);
Class B Common Stock — 106 shares (Direct);
Class B Common Stock — 478 shares (Indirect, 401(k) Plan)
Footnotes (1)
- F1. Dividend Reinvestment Plan
Key Figures
Class A shares acquired: 417 shares
Acquisition price per Class A share: $19.45
Indirect Class A holdings after transaction: 42,165 shares
+3 more
6 metrics
Class A shares acquired
417 shares
Other acquisition on August 14, 2026 via Dividend Reinvestment Plan in 401(k) plan
Acquisition price per Class A share
$19.45
Price for 417 Class A shares acquired on August 14, 2026
Indirect Class A holdings after transaction
42,165 shares
Class A Common Stock held indirectly in 401(k) plan after August 14, 2026 transaction
Direct Class A holdings
27,176 shares
Class A Common Stock held directly as of August 14, 2026
Direct Class B holdings
106 shares
Class B Common Stock held directly as of August 14, 2026
Indirect Class B holdings
478 shares
Class B Common Stock held indirectly in 401(k) plan as of August 14, 2026
Key Terms
Dividend Reinvestment Plan, Class A Common Stock, Class B Common Stock
3 terms
Dividend Reinvestment Plan financial
"Footnote F1 describes the transaction as part of a Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Class A Common Stock financial
"Transaction involves Class A Common Stock acquired through a 401(k) plan"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"Holdings include direct and indirect positions in Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What insider transaction did DGICA’s CFO Jeffrey Dean Miller report on August 14, 2026?
Jeffrey Dean Miller reported acquiring 417 Class A shares of DONEGAL GROUP INC on August 14, 2026 at $19.45 per share. The acquisition occurred via a Dividend Reinvestment Plan in a 401(k) plan and is coded as an "other" acquisition.
Was the DGICA CFO’s August 14, 2026 insider transaction under a 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing. Instead, the 417-share acquisition of Class A stock is footnoted as occurring under a Dividend Reinvestment Plan in a 401(k) plan, not under a specified 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
