Donegal director sells 4,500 shares after exercise
DONEGAL GROUP INC (DGICA) director Barry Craig Huber reported an option exercise and share sale on September 3, 2026.
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) director Barry Craig Huber reported an option exercise and share sale on September 3, 2026. He exercised options for 4,500 shares of Class A Common Stock at an exercise price of $14.09 per share, then sold 4,500 shares of Class A Common Stock at $19.4304 per share the same day. The option award for 4,500 shares, which had been exercisable since July 1, 2023 and was scheduled to expire December 15, 2027, is reported as fully exercised with no options remaining from this grant. No Rule 10b5-1 trading plan is indicated for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 4,500 shares ($24K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
HUBER BARRY CRAIG
Role
Director
Sold
4,500 shs ($87K)
Approx. gross sale proceeds
$87K
Approx. exercise cost
$63K
Approx. pre-tax spread
$24K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Options | 4,500 | $14.09 | $63K |
| Exercise | Class A Common Stock | 4,500 | $14.09 | $63K |
| Sale | Class A Common Stock | 4,500 | $19.4304 | $87K |
Holdings After Transaction:
Options — 0 contracts (Direct);
Class A Common Stock — 16,567 shares (Direct)
Key Figures
Options exercised: 4,500 options
Option exercise price: $14.09 per share
Shares acquired via exercise: 4,500 shares
+5 more
8 metrics
Options exercised
4,500 options
Exercised into Class A Common Stock on September 3, 2026
Option exercise price
$14.09 per share
Exercise price for the 4,500 options converted on September 3, 2026
Shares acquired via exercise
4,500 shares
Class A Common Stock received from option exercise on September 3, 2026
Shares sold
4,500 shares
Class A Common Stock sold on September 3, 2026
Sale price
$19.4304 per share
Price for the 4,500 Class A shares sold on September 3, 2026
Option grant expiration date
December 15, 2027
Scheduled expiration for the 4,500-share option grant that was exercised
Option exercisable since
July 1, 2023
Date from which the 4,500 options were exercisable
Options remaining from this grant
0 options
Reported option balance after the 4,500-share exercise
Key Terms
Class A Common Stock, derivative security, Rule 10b5-1 trading plan
3 terms
Class A Common Stock financial
"underlying security is 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.
derivative security financial
"described as an exercise or conversion of a 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.
Rule 10b5-1 trading plan regulatory
"notes whether transactions were under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DGICA director Barry Craig Huber report in this Form 4?
He reported exercising 4,500 stock options for Class A Common Stock at $14.09 per share and then selling 4,500 Class A shares at $19.4304 per share on September 3, 2026, fully using this 4,500-share option grant.
What type of security did Barry Craig Huber exercise into DGICA stock?
He exercised options covering 4,500 underlying shares of DGICA Class A Common Stock at an exercise price of $14.09 per share, converting them into common shares on September 3, 2026, and the reported option position from this grant is now 0 shares.
Were the DGICA transactions made under a Rule 10b5-1 trading plan?
No. The filing indicates that these September 3, 2026 transactions by director Barry Craig Huber were not made pursuant to a Rule 10b5-1 trading plan, meaning the trades are not reported as pre-arranged under such a plan.
What happened to Barry Craig Huber’s DGICA options in this Form 4?
He exercised 4,500 options with an exercise price of $14.09 per share, which had been exercisable since July 1, 2023 and were due to expire December 15, 2027. After this exercise, the reported remaining balance from this option grant is 0 options.
AI-generated analysis. How Rhea-AI works. Not financial advice.
