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Dividend reinvestment adds shares for DONEGAL (DGICA) director Jack Hess

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

DONEGAL GROUP INC director Jack Lee Hess reported a small insider transaction under the company’s Dividend Reinvestment Plan. On this Form 4, a plan-related transaction involving 16 shares of Class A Common Stock at $19.13 per share was recorded as an “other acquisition or disposition.” Following this activity, Hess directly held a total of 122,145 Class A shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
HESS JACK LEE

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

(Street)
MARIETTA PA 17547

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
DONEGAL GROUP INC [ DGICA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock(1) 02/17/2026 J V 16 A $19.13 122,145 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Dividend Reinvestment Plan
Remarks:
Jeffrey D. Miller, by power of attorney 02/20/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did DONEGAL GROUP INC (DGICA) report for Jack Lee Hess?

DONEGAL GROUP INC reported a Form 4 for director Jack Lee Hess showing an “other” transaction in 16 Class A Common Stock shares. The activity was associated with a Dividend Reinvestment Plan and was not categorized as a standard buy or sell.

How many DONEGAL GROUP INC (DGICA) shares does Jack Lee Hess hold after the Form 4 transaction?

After the reported Form 4 transaction, Jack Lee Hess directly holds 122,145 shares of DONEGAL GROUP INC Class A Common Stock. This total reflects the impact of the 16-share transaction reported as part of the company’s Dividend Reinvestment Plan.

What was the price per share in Jack Lee Hess’s latest DGICA Form 4 transaction?

The Form 4 shows a transaction price of $19.13 per share for the 16 shares of DONEGAL GROUP INC Class A Common Stock. This transaction was classified as “other acquisition or disposition” and tied to participation in a Dividend Reinvestment Plan.

How is Jack Lee Hess’s DONEGAL GROUP INC Form 4 transaction classified?

The transaction for Jack Lee Hess is coded as “J,” meaning “other acquisition or disposition.” It is not categorized as a traditional open-market buy or sell and is instead connected to the company’s Dividend Reinvestment Plan, according to the accompanying footnote.

Is Jack Lee Hess’s DGICA Form 4 transaction part of a Dividend Reinvestment Plan?

Yes. A footnote on the Form 4 identifies the activity as related to a Dividend Reinvestment Plan. This indicates the 16-share transaction in Class A Common Stock reflects automatic reinvestment of dividends rather than a discretionary open-market trade.
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