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Donegal Group (NASDAQ: DGICA) CIO adds shares through 401(k) dividends

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DONEGAL GROUP INC (DGICA) reported that Sr. VP & Chief Investment Officer Vincent Anthony Viozzi recorded an other acquisition of 32 shares of Class A Common Stock on 2026-08-14 at $19.45 per share through a Dividend Reinvestment Plan in a 401(k) Plan, resulting in 3,233 indirectly held shares there, and separately reported 8,143 shares held directly.

Positive

  • None.

Negative

  • None.
Insider VIOZZI VINCENT ANTHONY
Role Sr. VP & Chief Inv Officer
Type Security Shares Price Value
Other Class A Common Stock F1 32 $19.45 $622.40
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 3,233 shares (Indirect, 401(k) Plan); Class A Common Stock — 8,143 shares (Direct)
Footnotes (1)
  1. F1. Dividend Reinvestment Plan
Shares acquired 32 shares Other acquisition of Class A Common Stock on 2026-08-14
Transaction price $19.45 per share Price for 32 Class A Common shares acquired on 2026-08-14
Indirect holdings after transaction 3,233 shares Class A Common Stock held indirectly in 401(k) Plan after transaction
Direct holdings after transaction 8,143 shares Class A Common Stock held directly after reported transactions
Restructuring shares 32 shares Shares classified under restructuring/other acquisition (code J)
Dividend Reinvestment Plan financial
"32 shares acquired via a Dividend Reinvestment Plan in a 401(k) 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.
401(k) Plan financial
"Indirect ownership described as 401(k) Plan for 3,233 shares"
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.
Class A Common Stock financial
"Transactions involve Class A Common Stock of DONEGAL GROUP INC"
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.
indirect ownership financial
"3,233 shares reported as indirect ownership through a 401(k) Plan"

FAQ

What insider transaction did DGICA report for Vincent Anthony Viozzi?

DONEGAL GROUP INC reported that Vincent Anthony Viozzi had an other acquisition of 32 Class A Common shares on 2026-08-14 at $19.45 per share. The transaction occurred via a Dividend Reinvestment Plan within a 401(k) Plan and increased his indirect holdings there.

How many DGICA shares did Vincent Anthony Viozzi acquire in the latest Form 4?

Vincent Anthony Viozzi acquired 32 shares of DONEGAL GROUP INC Class A Common Stock on 2026-08-14. The acquisition was reported as an “other” transaction under code J and was executed through a Dividend Reinvestment Plan in a 401(k) Plan.

What are Vincent Anthony Viozzi’s reported DGICA share holdings after the transaction?

After the reported transaction, Vincent Anthony Viozzi holds 3,233 DGICA Class A shares indirectly in a 401(k) Plan and 8,143 shares directly. These figures represent his share positions following the 2026-08-14 transaction as disclosed in the Form 4.

At what price was the latest DGICA insider transaction by Viozzi recorded?

The latest insider transaction for DGICA by Vincent Anthony Viozzi was recorded at $19.45 per share for 32 Class A Common shares. This price reflects the transaction value within a Dividend Reinvestment Plan in his 401(k) Plan on 2026-08-14.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
VIOZZI VINCENT ANTHONY

(Last)(First)(Middle)
1195 RIVER ROAD
P.O. BOX 302

(Street)
MARIETTA PENNSYLVANIA 17547

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DONEGAL GROUP INC [ DGICA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. VP & Chief Inv Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock(1)08/14/2026JV32A$19.453,233I401(k) Plan
Class A Common Stock8,143D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Dividend Reinvestment Plan
Remarks:
Jeffrey D. Miller, by power of attorney08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)