Donegal Group (DGICA) risk chief exercises options, sells 18,000 shares
Rhea-AI Filing Summary
Donegal Group Inc executive Christina Marie Hoffman, Sr. VP & Chief Risk Officer, exercised options covering 18,000 shares of Class A Common Stock at $14.39 per share on August 6, 2026. She then sold the 18,000 acquired shares at $19.67 per share in a sale described as an open market or private transaction. The reported option grant now shows 0 derivative shares remaining.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 18,000 shares ($95K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
HOFFMAN CHRISTINA MARIE
Role
Sr. VP & Chief Risk Officer
Sold
18,000 shs ($354K)
Approx. gross sale proceeds
$354K
Approx. exercise cost
$259K
Approx. pre-tax spread
$95K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options | 18,000 | $14.39 | $259K |
| Exercise | Class A Common Stock | 18,000 | $14.39 | $259K |
| Sale | Class A Common Stock | 18,000 | $19.67 | $354K |
Holdings After Transaction:
Options — 0 shares (Direct);
Class A Common Stock — 4,655 shares (Direct)
Key Figures
Options exercised: 18000.0000 shares
Exercise price: $14.3900 per share
Shares acquired: 18000.0000 shares
+3 more
6 metrics
Options exercised
18000.0000 shares
Options for Class A Common Stock exercised on 2026-08-06
Exercise price
$14.3900 per share
Conversion or exercise price of the options into Class A Common Stock
Shares acquired
18000.0000 shares
Class A Common Stock acquired upon option exercise on 2026-08-06
Shares sold
18000.0000 shares
Class A Common Stock sold on 2026-08-06
Sale price
$19.6700 per share
Per-share price for sale in open market or private transaction
Options remaining from grant
0.0000
Reported derivative shares following the option exercise for this grant
Key Terms
derivative security, Class A Common Stock, open market or private transaction
3 terms
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"underlying_security_title: Class A Common Stock"
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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Christina Marie Hoffman report for Donegal Group (DGICA)?
Christina Marie Hoffman reported exercising options for 18,000 Donegal Group Class A shares at $14.39 and selling the same 18,000 shares at $19.67 per share on August 6, 2026, in an open market or private transaction.
How many Donegal Group (DGICA) options did Hoffman exercise and at what price?
She exercised options covering 18,000 shares of Donegal Group Class A Common Stock at an exercise price of $14.39 per share. The transaction is reported as an exercise or conversion of a derivative security, with the option position reduced to zero for this grant.
What is Christina Marie Hoffman’s role at Donegal Group (DGICA)?
Christina Marie Hoffman is reported as a company officer, serving as Sr. VP & Chief Risk Officer of Donegal Group Inc. Her Form 4 filing reflects personal transactions in options and Class A Common Stock associated with this position.
Did the Donegal Group (DGICA) Form 4 show any remaining options from this grant?
For the reported option grant, the filing shows 0.0000 derivative shares remaining after the exercise of 18,000.0000 options. This indicates the specific option award referenced in the transaction was fully exercised as of August 6, 2026.