Donegal Group (DGICA) CEO adds 33 shares to 401(k)
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) reported an insider ownership change by President & Chief Executive Officer Kevin Gerard Burke. On August 14, 2026, 33 shares of Class A Common Stock were acquired into a 401(k) Plan through a Dividend Reinvestment Plan at $19.45 per share, held indirectly. Following this, Burke held 3,342 Class A shares indirectly in the 401(k) Plan and 13,870 Class A shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33 shares
Net Buy
2 txns
Insider
BURKE KEVIN GERARD
Role
President & Chief Exec Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Class A Common Stock F1 | 33 | $19.45 | $641.85 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 3,342 shares (Indirect, 401(k) Plan);
Class A Common Stock — 13,870 shares (Direct)
Footnotes (1)
- F1. Dividend Reinvestment Plan
Key Figures
Shares acquired: 33 shares
Acquisition price per share: $19.45
Indirect holdings after transaction: 3,342 shares
+1 more
4 metrics
Shares acquired
33 shares
Class A Common Stock acquired on August 14, 2026 via Dividend Reinvestment Plan
Acquisition price per share
$19.45
Price per Class A share for 33 shares acquired into 401(k) Plan
Indirect holdings after transaction
3,342 shares
Class A Common Stock held indirectly in 401(k) Plan after August 14, 2026 transaction
Direct holdings after transaction
13,870 shares
Class A Common Stock held directly by Kevin Gerard Burke after reported date
Key Terms
Dividend Reinvestment Plan, 401(k) Plan, indirect ownership, Class A Common Stock
4 terms
Dividend Reinvestment Plan financial
"33 shares were acquired through a Dividend Reinvestment Plan at $19.45 per share"
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.
401(k) Plan financial
"33 shares of Class A Common Stock were acquired into a 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
indirect ownership financial
"The 33 newly acquired Class A shares are reported as indirect ownership"
Class A Common Stock financial
"33 shares of Class A Common Stock were acquired into 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.
FAQ
What insider transaction did DGICA report for Kevin Gerard Burke on August 14, 2026?
DONEGAL GROUP INC reported that CEO Kevin Gerard Burke acquired 33 Class A shares on August 14, 2026. The shares were added indirectly to a 401(k) Plan via a Dividend Reinvestment Plan at a price of $19.45 per share.
Was Kevin Gerard Burke’s DGICA Form 4 transaction executed under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not selected, so the transactions were not reported as being made under an affirmative 10b5-1 trading plan. The primary transaction involved a Dividend Reinvestment Plan into a 401(k) account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
