Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

DONEGAL GROUP INC

DGICA · Nasdaq · CIK 0000800457 · Financial Services · Insurance—Property & Casualty

INSIDER SIGNAL

55.5 / 100

1 buyers · 45 purchase transaction lines · $8.2M gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeStrong
RoleModerate
RecencyModerate
ConvictionModerate
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+7.0 / 35
Purchase size+22.0 / 25
Role+14.0 / 20
Recency+5.4 / 10
Conviction+7.1 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
  • ⚠ Role scores low · most senior buyer: TenPercentOwner (CEO, chair and 10% owners score lowest)

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
DONEGAL MUTUAL INSURANCE COTenPercentOwner
●●●●●●●●●●●●●●●●●●●
MILLER JEFFREY DEANEVP & Chief Financial Officer
○○○▼
BURKE KEVIN GERARDPresident & Chief Exec Officer
○○▼
BAWEL DAVID BENJAMINSVP & CHIEF ACCOUNTING OFFICER
○○▼
VIOZZI VINCENT ANTHONYSr. VP & Chief Inv Officer
○▼
HUBER BARRY CRAIGDirector
○▼
● Purchase▼ Sale○ Other

Showing the six most active owners; 6 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: DONEGAL MUTUAL INSURANCE CO · $8.2M
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-05-05–2026-05-20

Roles in the peak window: TenPercentOwner. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

55.5 / 100

Latest recorded score

↓ -0.2 ptsversus the previous recorded snapshot
  1. 56.1
  2. 56.0
  3. 55.9
  4. 55.7
  5. 55.5

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

71Purchases
19Sales
79Other Form 4 lines
106SEC filings · 365 days
BUYING45 qualifying P line(s) · 180 days
SELLING9 sale line(s) · context only
OTHER32 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-5.3%
3M
-4.8%
6M
+5.4%
12M
-6.5%

Volatility & liquidity

Volatility
24.5%
Beta
—
Avg daily value
USD 2.1M

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
8.1%
ROE
12.4%
Industry
Insurance—Property & Casualty

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin, ROE · Fiscal year ended: 2025-12-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
777,680
Previous report
845,024
Avg daily volume
131,324
Days to cover
5.9

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-11DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock54,725USD 19.23USD 1,052,556SEC filing ↗
2026-09-10DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.13USD 191,300SEC filing ↗
2026-09-09DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock13,469USD 19.13USD 257,677SEC filing ↗
2026-09-08DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.14USD 191,400SEC filing ↗
2026-09-04DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock6,368USD 19.39USD 123,476SEC filing ↗
2026-09-03DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,595USD 19.53USD 187,390SEC filing ↗
2026-09-02DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.43USD 194,300SEC filing ↗
2026-09-01DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,257USD 19.17USD 177,457SEC filing ↗
2026-08-31DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.18USD 191,800SEC filing ↗
2026-08-28DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.19USD 191,900SEC filing ↗
2026-08-27DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.95USD 189,500SEC filing ↗
2026-08-26DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,508USD 19.11USD 181,698SEC filing ↗
2026-08-25DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.00USD 190,000SEC filing ↗
2026-08-24DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.06USD 190,600SEC filing ↗
2026-08-21DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.68USD 186,800SEC filing ↗

Form 4 evidence

169 transaction lines in the latest 365-day window; 1,257 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-11MILLER JEFFREY DEANSale (S)Class A Common Stock21,000USD 19.23USD 403,830SEC filing ↗
2026-09-11MILLER JEFFREY DEANOption exercise / conversion (M)Class A Common Stock21,000USD 14.39USD 302,190SEC filing ↗
2026-09-11DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock54,725USD 19.23USD 1,052,556SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-09-11MILLER JEFFREY DEANSale (S)Class A Common Stock21,000USD 19.23USD 403,830SEC filing ↗
2026-09-11MILLER JEFFREY DEANOption exercise / conversion (M)Class A Common Stock21,000USD 14.39USD 302,190SEC filing ↗
2026-09-11DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock54,725USD 19.23USD 1,052,556SEC filing ↗
2026-09-11BURKE KEVIN GERARDSale (S)Class A Common Stock24,000USD 19.23USD 461,520SEC filing ↗
2026-09-11BURKE KEVIN GERARDOption exercise / conversion (M)Class A Common Stock24,000USD 14.39USD 345,360SEC filing ↗
2026-09-10DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.13USD 191,300SEC filing ↗
2026-09-09DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock13,469USD 19.13USD 257,677SEC filing ↗
2026-09-09BAWEL DAVID BENJAMINSale (S)Class A Common Stock8,326USD 19.28USD 160,525SEC filing ↗
2026-09-09BAWEL DAVID BENJAMINOption exercise / conversion (M)Class A Common Stock8,326USD 14.39USD 119,811SEC filing ↗
2026-09-08DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.14USD 191,400SEC filing ↗
2026-09-04DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock6,368USD 19.39USD 123,476SEC filing ↗
2026-09-03VIOZZI VINCENT ANTHONYSale (S)Class A Common Stock2,282USD 19.50USD 44,499SEC filing ↗
2026-09-03HUBER BARRY CRAIGSale (S)Class A Common Stock4,500USD 19.43USD 87,435SEC filing ↗
2026-09-03HUBER BARRY CRAIGOption exercise / conversion (M)Class A Common Stock4,500USD 14.09USD 63,405SEC filing ↗
2026-09-03DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,595USD 19.53USD 187,390SEC filing ↗
2026-09-02DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.43USD 194,300SEC filing ↗
2026-09-01DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,257USD 19.17USD 177,457SEC filing ↗
2026-08-31DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.18USD 191,800SEC filing ↗
2026-08-28DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.19USD 191,900SEC filing ↗
2026-08-27DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.95USD 189,500SEC filing ↗
2026-08-26DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,508USD 19.11USD 181,698SEC filing ↗
2026-08-25DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.00USD 190,000SEC filing ↗
2026-08-24DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 19.06USD 190,600SEC filing ↗
2026-08-21DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.68USD 186,800SEC filing ↗
2026-08-20DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,815USD 18.66USD 183,148SEC filing ↗
2026-08-19DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock9,700USD 18.61USD 180,517SEC filing ↗
2026-08-18DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.60USD 186,000SEC filing ↗
2026-08-17DONEGAL MUTUAL INSURANCE COPurchase (P)Class A Common Stock10,000USD 18.52USD 185,200SEC filing ↗
2026-08-14VIOZZI VINCENT ANTHONYJ (J)Class A Common Stock32USD 19.45USD 622SEC filing ↗
2026-08-14MILLER JEFFREY DEANJ (J)Class A Common Stock417USD 19.45USD 8,111SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerDGICA
CIK0000800457
SectorFinancial Services
IndustryInsurance—Property & Casualty Yahoo Finance
SEC SIC6331 Fire, Marine & Casualty Insurance
ExchangeNasdaq

Data coverage

Local Form 4 history1,257 transaction lines from 2020-01-02 to 2026-09-11
331 P purchase lines · 225 S sale lines · 701 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.