Jeffery Tim Hay - 15 May 2025 Form 4 Insider Report for DONEGAL GROUP INC (DGICA)

Role: Senior Vice President
Signature: Jeffrey D. Miller, by power of attorney
Issuer symbol: DGICA
Transactions as of: 15 May 2025
Net transactions value: -$191,574
Form type: 4
Filing time: 15 May 2025, 15:22:55 UTC
Previous filing: 15 May 2025
Next filing: 03 Jul 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
HAY JEFFERY TIM	Senior Vice President	1195 RIVER ROAD, P.O. BOX 302, MARIETTA	Jeffrey D. Miller, by power of attorney	15 May 2025	0001839323

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DGICA	Class A Common Stock	Options Exercise	$134,678	+9,572	+157%	$14.07	15,684	15 May 2025	Direct
transaction	DGICA	Class A Common Stock	Sale	$191,574	-9,572	-61%	$20.01	6,112	15 May 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DGICA	Options	Options Exercise	$134,678	-9,572	-100%	$14.07	0	15 May 2025	Class A Common Stock	9,572	$14.07	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.