Donegal Group Inc (DGICB) shareholders
DGICBNasdaqFire, Marine & Casualty InsuranceFiscal year ends December 31Also trades as DGICA
$24.99+1.29 (+5.44%)
Close on Oct 30, 2026Market cap –P/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
7.8%
0M of 6M shares
Institutional holders
11
1 new, 2 sold out
Net institutional buying
0M
In Q2 2026
Insider trades, 12 months
71 buys · 19 sales
Net bought $11.00M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Dimensional Fund Advisors LP | 1,729,921 | 5.60% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 1,607,515 | 5.10% | 13G (passive) | Jun 30, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of DGICB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Dimensional Fund Advisors LP | 164,816 | 2.96% | $3.59M | −52 | 0.00% |
| Logan Capital Management Inc | 135,185 | 2.42% | $2.94M | New | 0.11% |
| Vanguard Capital Management LLC | 80,794 | 1.45% | $1.76M | +31,793 | 0.00% |
| Minerva Advisors LLC | 17,856 | 0.32% | $388.90K | – | 0.25% |
| Wedbush Securities Inc | 12,752 | 0.23% | $278.00K | – | 0.01% |
| Lewis Asset Management, LLC | 11,820 | 0.21% | $257.45K | +351 | 0.09% |
| Vanguard Fiduciary Trust Co | 5,057 | 0.09% | $110.14K | – | 0.00% |
| Vanguard Global Advisers, LLC | 4,456 | 0.08% | $97.05K | – | 0.00% |
| Royal Bank of Canada | 2,079 | 0.04% | $45.00K | – | 0.00% |
| Morgan Stanley | 430 | 0.01% | $9.38K | – | 0.00% |
| Wells Fargo & Company/Mn | 1 | 0.00% | $21 | – | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 11 | 0M | 7.8% | 1 / 2 | 1 / 2 | 0M | 0M |
| Q1 2026 | 12 | 0M | 5.1% | 5 / 0 | 1 / 2 | 0M | 0M |
| Q4 2025 | 10 | 0M | 6.9% | 0 / 2 | 3 / 2 | 0M | 0M |
| Q3 2025 | 12 | 0M | 6.9% | 1 / 2 | 6 / 1 | 0M | 0M |
| Q2 2025 | 12 | 0M | 7.1% | 2 / 5 | 2 / 3 | 0M | 0M |
| Q1 2025 | 13 | 0M | 6.5% | 1 / 2 | 3 / 1 | 0M | 0M |
| Q4 2024 | 13 | 0M | 6.7% | 2 / 1 | 3 / 0 | 0M | 0M |
| Q3 2024 | 11 | 0M | 6.7% | 0 / 2 | 4 / 1 | 0M | 0M |
| Q2 2024 | 12 | 0M | 7.0% | 0 / 2 | 4 / 1 | 0M | 0M |
| Q1 2024 | 13 | 0M | 7.1% | 1 / 4 | 2 / 1 | 0M | 0M |
| Q4 2023 | 13 | 0M | 7.2% | 1 / 3 | 4 / 1 | 0M | 0M |
| Q3 2023 | 13 | 0M | 7.2% | 3 / 2 | 3 / 2 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
17 funds held DGICB in Q2 2026, 39% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of DGICB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 54,703 | 0.98% | $1.19M | 0.00% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 54,141 | 0.97% | $1.18M | 0.01% | Jul 31, 2026 |
| U.S. Micro Cap Portfolio | 34,951 | 0.63% | $761.93K | 0.01% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 14,926 | 0.27% | $325.09K | 0.00% | Jun 30, 2026 |
| Vanguard Balanced Index Fund | 9,291 | 0.17% | $202.36K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 7,219 | 0.13% | $138.24K | 0.00% | May 31, 2026 |
| Dimensional U.S. Targeted Value ETF | 6,421 | 0.12% | $139.98K | 0.00% | Jul 31, 2026 |
| U.S. Core Equity 2 Portfolio | 5,678 | 0.10% | $123.78K | 0.00% | Jul 31, 2026 |
| U.S. Small Cap Portfolio | 5,267 | 0.09% | $114.82K | 0.00% | Jul 31, 2026 |
| U.S. Vector Equity Portfolio | 3,821 | 0.07% | $83.30K | 0.00% | Jul 31, 2026 |
| U.S. Core Equity 1 Portfolio | 2,147 | 0.04% | $46.80K | 0.00% | Jul 31, 2026 |
| Vanguard Institutional Total Stock Market Index Fund | 1,986 | 0.04% | $43.26K | 0.00% | Jun 30, 2026 |
| Dimensional U.S. Core Equity 2 ETF | 1,947 | 0.03% | $42.44K | 0.00% | Jul 31, 2026 |
| Dimensional U.S. Small Cap ETF | 870 | 0.02% | $18.97K | 0.00% | Jul 31, 2026 |
| Dimensional VA U.S. Targeted Value Portfolio | 592 | 0.01% | $12.91K | 0.00% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Kevin Gerard Burke | President & Chief Exec Officer, Director | 17,212 | 0.31% | Sep 14, 2026 |
| Jeffrey Dean Miller | EVP & Chief Financial Officer | 69,925 | 1.25% | Sep 14, 2026 |
| David Benjamin Bawel | SVP & CHIEF ACCOUNTING OFFICER | 27,751 | 0.50% | Sep 11, 2026 |
| Vincent Anthony Viozzi | Sr. VP & Chief Inv Officer | 9,094 | 0.16% | Sep 4, 2026 |
| Sanjay Pandey | Sr. VP & Chief Info Officer | 8,697 | 0.16% | Aug 20, 2026 |
| Christina Marie Hoffman | Sr. VP & Chief Risk Officer | 4,655 | 0.08% | Aug 7, 2026 |
| Noland Rone Deas Jr | Senior Vice President | 15,523 | 0.28% | Aug 5, 2026 |
| William Albert Folmar | Sr. Vice President | 999 | 0.02% | Jul 2, 2026 |
| William Daniel Delamater | EVP & Chief Oper Officer | 2,336 | 0.04% | Jul 2, 2026 |
| Jeffery Tim Hay | Senior Vice President | 8,143 | 0.15% | Jul 2, 2026 |
| David Wayne Sponic | Senior Vice President | 2,006 | 0.04% | Jan 2, 2026 |
| Rick Joseph Hecker | SVP & GENERAL COUNSEL | 0 | – | Jan 2, 2026 |
| Kristi Spencer Altshuler | Sr. Vice President | 12,000 | 0.22% | Jan 2, 2026 |
| Daniel J. Wagner | Sr. VP & Treasurer | 105,167 | 1.89% | Nov 14, 2025 |
| Barry Craig Huber | Director | 16,567 | 0.30% | Sep 4, 2026 |
| David Charles King | Director | 12,700 | 0.23% | Aug 5, 2026 |
| Dennis Joseph Bixenman | Director | 20,605 | 0.37% | Aug 5, 2026 |
| Michael Kevin Callahan | Director | 17,708 | 0.32% | Apr 24, 2026 |
| Melissa Ann Veenstra | Director | – | – | Apr 24, 2026 |
| Jack Lee Hess | Director | 122,145 | 2.19% | Feb 20, 2026 |
| Kevin Michael Kraft Sr | Director | 14,636 | 0.26% | Jan 2, 2026 |
| Annette Brookens Szady | Director | 3,700 | 0.07% | Jan 2, 2026 |
| Sewell Trezevant Moore Jr | Director | 29,355 | 0.53% | Jan 2, 2026 |
| Jon Marshall Mahan | Director | 10,688 | 0.19% | Jan 2, 2026 |
| Britta Harris Schatz | Director | 2,200 | 0.04% | Jan 2, 2026 |
| Scott Andrew Berlucchi | Director | 8,897 | 0.16% | Jan 3, 2025 |
| Mutual Insurance Co Donegal | 10% owner | 19,139,102 | 343.19% | Sep 14, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jeffrey Dean Miller EVP & Chief Financial Officer | Sep 11, 2026 | Sale | −21,000 | $19.23 | $403.83K | 27,176 |
| Jeffrey Dean Miller EVP & Chief Financial Officer | Sep 11, 2026 | Option exercise | +21,000 | $14.39 | $302.19K | 48,176 |
| Mutual Insurance Co Donegal 10% owner | Sep 11, 2026 | Buy | +45,000 | $19.23 | $865.35K | 14,387,128 |
| Mutual Insurance Co Donegal 10% owner | Sep 11, 2026 | Buy | +9,725 | $19.25 | $187.21K | 14,342,128 |
| Kevin Gerard Burke President & Chief Exec Officer, Director | Sep 11, 2026 | Sale | −24,000 | $19.23 | $461.52K | 13,870 |
| Kevin Gerard Burke President & Chief Exec Officer, Director | Sep 11, 2026 | Option exercise | +24,000 | $14.39 | $345.36K | 37,870 |
| Mutual Insurance Co Donegal 10% owner | Sep 10, 2026 | Buy | +10,000 | $19.13 | $191.30K | 14,332,403 |
| Mutual Insurance Co Donegal 10% owner | Sep 9, 2026 | Buy | +8,326 | $19.28 | $160.53K | 14,322,403 |
| Mutual Insurance Co Donegal 10% owner | Sep 9, 2026 | Buy | +5,143 | $18.89 | $97.15K | 14,314,077 |
| David Benjamin Bawel SVP & CHIEF ACCOUNTING OFFICER | Sep 9, 2026 | Sale | −8,326 | $19.28 | $160.53K | 22,331 |
| David Benjamin Bawel SVP & CHIEF ACCOUNTING OFFICER | Sep 9, 2026 | Option exercise | +8,326 | $14.39 | $119.81K | 30,657 |
| Mutual Insurance Co Donegal 10% owner | Sep 8, 2026 | Buy | +10,000 | $19.14 | $191.40K | 14,308,934 |
| Mutual Insurance Co Donegal 10% owner | Sep 4, 2026 | Buy | +6,368 | $19.39 | $123.48K | 14,298,934 |
| Mutual Insurance Co Donegal 10% owner | Sep 3, 2026 | Buy | +9,595 | $19.53 | $187.39K | 14,292,566 |
| Barry Craig Huber Director | Sep 3, 2026 | Sale | −4,500 | $19.43 | $87.44K | 16,567 |
| Barry Craig Huber Director | Sep 3, 2026 | Option exercise | +4,500 | $14.09 | $63.41K | 21,067 |
| Vincent Anthony Viozzi Sr. VP & Chief Inv Officer | Sep 3, 2026 | Sale | −2,282 | $19.50 | $44.50K | 5,861 |
| Mutual Insurance Co Donegal 10% owner | Sep 2, 2026 | Buy | +10,000 | $19.43 | $194.30K | 14,282,971 |
| Mutual Insurance Co Donegal 10% owner | Sep 1, 2026 | Buy | +9,257 | $19.17 | $177.46K | 14,272,971 |
| Mutual Insurance Co Donegal 10% owner | Aug 31, 2026 | Buy | +10,000 | $19.18 | $191.80K | 14,263,714 |
| Mutual Insurance Co Donegal 10% owner | Aug 28, 2026 | Buy | +10,000 | $19.19 | $191.90K | 14,253,714 |
| Mutual Insurance Co Donegal 10% owner | Aug 27, 2026 | Buy | +10,000 | $18.95 | $189.50K | 14,243,714 |
| Mutual Insurance Co Donegal 10% owner | Aug 26, 2026 | Buy | +9,508 | $19.11 | $181.70K | 14,233,714 |
| Mutual Insurance Co Donegal 10% owner | Aug 25, 2026 | Buy | +10,000 | $19.00 | $190.00K | 14,224,206 |
| Mutual Insurance Co Donegal 10% owner | Aug 24, 2026 | Buy | +10,000 | $19.06 | $190.60K | 14,214,206 |
| Mutual Insurance Co Donegal 10% owner | Aug 21, 2026 | Buy | +10,000 | $18.68 | $186.80K | 14,204,206 |
| Mutual Insurance Co Donegal 10% owner | Aug 20, 2026 | Buy | +9,815 | $18.66 | $183.15K | 14,194,206 |
| Mutual Insurance Co Donegal 10% owner | Aug 19, 2026 | Buy | +9,700 | $18.61 | $180.52K | 14,184,391 |
| Mutual Insurance Co Donegal 10% owner | Aug 18, 2026 | Buy | +10,000 | $18.60 | $186.00K | 14,174,691 |
| Mutual Insurance Co Donegal 10% owner | Aug 17, 2026 | Buy | +10,000 | $18.52 | $185.20K | 14,164,691 |
| Jeffrey Dean Miller EVP & Chief Financial Officer | Aug 14, 2026 | Other | +417 | $19.45 | $8.11K | 42,165 |
| David Benjamin Bawel SVP & CHIEF ACCOUNTING OFFICER | Aug 14, 2026 | Other | +53 | $19.45 | $1.03K | 5,420 |
| Kevin Gerard Burke President & Chief Exec Officer, Director | Aug 14, 2026 | Other | +33 | $19.45 | $642 | 3,342 |
| Vincent Anthony Viozzi Sr. VP & Chief Inv Officer | Aug 14, 2026 | Other | +32 | $19.45 | $622 | 3,233 |
| Mutual Insurance Co Donegal 10% owner | Aug 6, 2026 | Buy | +18,000 | $19.67 | $354.06K | 14,154,691 |
| Christina Marie Hoffman Sr. VP & Chief Risk Officer | Aug 6, 2026 | Sale | −18,000 | $19.67 | $354.06K | 4,655 |
| Christina Marie Hoffman Sr. VP & Chief Risk Officer | Aug 6, 2026 | Option exercise | +18,000 | $14.39 | $259.02K | 22,655 |
| Dennis Joseph Bixenman Director | Aug 4, 2026 | Option exercise | +4,500 | $13.87 | $62.42K | 20,605 |
| Dennis Joseph Bixenman Director | Aug 4, 2026 | Option exercise | +2,250 | $14.39 | $32.38K | 11,605 |
| Dennis Joseph Bixenman Director | Aug 4, 2026 | Option exercise | +4,500 | $14.09 | $63.41K | 16,105 |
| Dennis Joseph Bixenman Director | Aug 4, 2026 | Sale | −11,250 | $19.26 | $216.68K | 9,355 |
| Noland Rone Deas Jr Senior Vice President | Aug 4, 2026 | Option exercise | +8,000 | $13.87 | $110.96K | 15,523 |
| Noland Rone Deas Jr Senior Vice President | Aug 4, 2026 | Option exercise | +4,000 | $14.09 | $56.36K | 7,523 |
| Noland Rone Deas Jr Senior Vice President | Aug 4, 2026 | Sale | −24,000 | $19.47 | $467.28K | 3,523 |
| Noland Rone Deas Jr Senior Vice President | Aug 4, 2026 | Option exercise | +12,000 | $15.76 | $189.12K | 27,523 |
| David Charles King Director | Aug 4, 2026 | Option exercise | +4,500 | $14.09 | $63.41K | 12,700 |
| David Charles King Director | Aug 4, 2026 | Option exercise | +4,500 | $14.39 | $64.76K | 8,200 |
| David Charles King Director | Aug 4, 2026 | Sale | −9,000 | $19.33 | $173.97K | 3,700 |
| Kevin Gerard Burke President & Chief Exec Officer, Director | Jul 1, 2026 | Other | +324 | $16.03 | $5.19K | 13,870 |
| Sanjay Pandey Sr. VP & Chief Info Officer | Jul 1, 2026 | Other | +405 | $16.03 | $6.49K | 8,697 |
| William Daniel Delamater EVP & Chief Oper Officer | Jul 1, 2026 | Other | +324 | $16.03 | $5.19K | 2,336 |
| William Albert Folmar Sr. Vice President | Jul 1, 2026 | Other | +16 | $16.03 | $256 | 999 |
| Christina Marie Hoffman Sr. VP & Chief Risk Officer | Jul 1, 2026 | Other | +81 | $16.03 | $1.30K | 4,655 |
| David Benjamin Bawel SVP & CHIEF ACCOUNTING OFFICER | Jul 1, 2026 | Other | +515 | $16.03 | $8.26K | 22,331 |
| Jeffrey Dean Miller EVP & Chief Financial Officer | Jul 1, 2026 | Other | +649 | $16.03 | $10.40K | 27,176 |
| Jeffery Tim Hay Senior Vice President | Jul 1, 2026 | Other | +661 | $16.03 | $10.60K | 8,143 |
| Noland Rone Deas Jr Senior Vice President | Jul 1, 2026 | Other | +527 | $16.03 | $8.45K | 3,523 |
| Sanjay Pandey Sr. VP & Chief Info Officer | Jun 23, 2026 | Discretionary | −28,829 | $17.75 | $511.71K | 0 |
| Mutual Insurance Co Donegal 10% owner | Jun 12, 2026 | Buy | +9,682 | $17.62 | $170.60K | 14,136,691 |
| Mutual Insurance Co Donegal 10% owner | Jun 11, 2026 | Buy | +9,900 | $17.56 | $173.84K | 14,127,009 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 15, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
–
0M shares short
Days to cover
3.9
At 0M shares a day
Change since last report
+60.2%
From 0M shares
Short volume, 20 days
37.5%
Of volume reported to FINRA
Shares sold short, last 12 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of Donegal's stock actually held short. Settlement fails (shares not delivered on time) peaked at 1,105 shares on Aug 6, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Barry Craig Huber Director | Sep 3, 2026 | 4,500 | $87.84K | Sep 3, 2026 | Stock Option Exercise & Sale |
| Dennis Joseph Bixenman Director | Aug 5, 2026 | 11,250 | $216.63K | Aug 4, 2026 | Option Exercise & Sale |
| Noland Rone Deas Jr Senior Vice President | Aug 4, 2026 | 24,000 | $463.20K | Aug 4, 2026 | Option Exercise & Sale |
| David Charles King Director | Aug 4, 2026 | 9,000 | $175.95K | Aug 4, 2026 | Option Exercise & Sale |
| David Benjamin Bawel Officer, SVP & Chief Accounting Officer | Dec 1, 2025 | 9,000 | $183.51K | Dec 1, 2025 | Option Exercise and Sale |
| Kristi Spencer Altshuler Officer, Sr. Vice President | Dec 1, 2025 | 12,000 | $242.40K | Dec 1, 2025 | Option Exercise & Sale |
| Kevin Michael Kraft Sr Director | Nov 25, 2025 | 4,500 | $90.27K | Nov 25, 2025 | Option exercise and Sale |
| Annette Brookens Szady Director | Nov 13, 2025 | 4,500 | $88.97K | Nov 13, 2025 | Options Exercise and Sale |
| Daniel J. Wagner Sr. VP & Treasurer | Nov 12, 2025 | 18,000 | $355.50K | Nov 11, 2025 | Option Exercise & Sale |
| Sewell Trezevant Moore Jr Director | Nov 12, 2025 | 4,500 | $88.70K | Nov 12, 2025 | Options Exercise and Sale |
| Jon Marshall Mahan Director | Nov 5, 2025 | 4,500 | $85.90K | Nov 5, 2025 | Option Exercise & Sale |
| David Charles King Director | Aug 27, 2025 | 4,500 | $78.75K | Aug 27, 2025 | Option Exercise & Sale |
| Vincent Anthony Viozzi Officer, Sr. VP & Chief Inv Officer | May 27, 2025 | 18,000 | $366.48K | May 27, 2025 | Option Exercise & Sale |
| Kristi Spencer Altshuler Officer, Sr. Vice President | May 21, 2025 | 12,000 | $247.32K | May 21, 2025 | Option Exercise & Sale |
| William Daniel Delamater Officer, EVP & Chief Oper Officer | May 21, 2025 | 9,000 | $185.49K | May 21, 2025 | Option Exercise & Sale |