Donegal Group SVP exercises options, sells shares
Donegal Group Inc Senior Vice President Deas Noland Rone Jr reported a series of option exercises and related share transactions dated 2026-08-04.
Rhea-AI Filing Summary
Donegal Group Inc Senior Vice President Deas Noland Rone Jr reported a series of option exercises and related share transactions dated 2026-08-04. He exercised Options to acquire 24,000 shares of Class A Common Stock at exercise prices of $13.8700, $14.0900 and $15.7600 per share.
On the same date, he sold 24,000 Class A shares at $19.4700 per share in an open market or private transaction. The Rule 10b5-1 checkbox was left unchecked, so these trades were not affirmed as being made under a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 24,000 shares ($111K approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
DEAS NOLAND RONE JR
Role
Senior Vice President
Sold
24,000 shs ($467K)
Approx. gross sale proceeds
$467K
Approx. exercise cost
$356K
Approx. pre-tax spread
$111K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options | 4,000 | $14.09 | $56K |
| Exercise | Options | 8,000 | $13.87 | $111K |
| Exercise | Options | 12,000 | $15.76 | $189K |
| Exercise | Class A Common Stock | 4,000 | $14.09 | $56K |
| Exercise | Class A Common Stock | 8,000 | $13.87 | $111K |
| Exercise | Class A Common Stock | 12,000 | $15.76 | $189K |
| Sale | Class A Common Stock | 24,000 | $19.47 | $467K |
Holdings After Transaction:
Options — 6,000 contracts (Direct);
Class A Common Stock — 3,523 shares (Direct)
Key Figures
Options exercised: 24,000 shares
Shares sold: 24,000 shares
Sale price: $19.4700 per share
+3 more
6 metrics
Options exercised
24,000 shares
Total derivative exercises of Options into Class A Common Stock on 2026-08-04
Shares sold
24,000 shares
Non-derivative sale of Class A Common Stock on 2026-08-04
Sale price
$19.4700 per share
Price for sale of 24,000 Class A Common Stock shares
Option exercise price
$13.8700 per share
Exercise price for 8,000 Options expiring 2028-12-21
Option exercise price
$14.0900 per share
Exercise price for 4,000 Options expiring 2027-12-15
Option exercise price
$15.7600 per share
Exercise price for 12,000 Options expiring 2029-12-19
Key Terms
derivative security, open market or private transaction, Class A Common Stock
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.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Donegal Group (DGICA) report for Deas Noland Rone Jr?
Donegal Group’s Form 4 shows Senior Vice President Deas Noland Rone Jr exercised 24,000 options for Class A Common Stock and sold 24,000 shares on 2026-08-04. The sequence reflects option exercises followed by an equivalent share sale the same day.
How many Donegal Group (DGICA) options did the SVP exercise and at what prices?
He exercised options covering 24,000 shares of Class A Common Stock. The option exercise prices were $13.8700 for 8,000 options, $14.0900 for 4,000 options, and $15.7600 for 12,000 options, all recorded on 2026-08-04.
Were the DGICA insider transactions reported under a Rule 10b5-1 trading plan?
The transactions were not affirmed as being under a Rule 10b5-1 plan. The document-level Rule 10b5-1 checkbox (aff_10b5_one) is set to false, indicating the filer did not claim plan coverage for these trades.
What types of securities were involved in the Donegal Group (DGICA) Form 4?
The Form 4 involves Options and Class A Common Stock. Options expiring between 2027-12-15 and 2029-12-19 were exercised into 24,000 Class A shares, followed by a sale of 24,000 Class A Common Stock shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
