Kristi Spencer Altshuler, Senior Vice President at Donegal Group Inc, filed a Form 4 on November 12, 2026, reporting the exercise of 6,000 stock options and the same-day sale of 6,000 shares of Class A Common Stock on November 10, 2026.

Key Highlights

  • Option exercise: Altshuler acquired 6,000 shares of Class A Common Stock via an option exercise (transaction code M) at a conversion price of $14.39 per share on November 10, 2026.
  • Same-day sale: All 6,000 acquired shares were sold (transaction code S) on November 10, 2026, at a price of $19.0073 per share.
  • Resulting ownership: Following both transactions, Altshuler held 0 shares of Class A Common Stock directly, according to the filing.
  • Options position: The underlying options, exercisable from July 1, 2022, with an expiration date of December 16, 2026, show 0 derivative securities beneficially owned following the reported transactions.
  • Issuer and ticker: The filing identifies the issuer as Donegal Group Inc, trading on NASDAQ:DGICA.
  • Filed by attorney: The form was signed by Jeffrey D. Miller under power of attorney on November 12, 2026.

Donegal Group SVP Altshuler Reports Option Exercise and Full Share Sale on November 10, 2026

According to the Form 4 filed with the SEC on November 12, 2026, Kristi Spencer Altshuler, identified in the filing as Senior Vice President of Donegal Group Inc (NASDAQ:DGICA), reported two transactions in the company's Class A Common Stock, both dated November 10, 2026. The first transaction was an option exercise under transaction code M, in which Altshuler acquired 6,000 shares at the option's conversion price of $14.39 per share. The options had an exercisable date of July 1, 2022, and an expiration date of December 16, 2026.

Immediately following the exercise, the filing reports a sale of the same 6,000 shares under transaction code S at a price of $19.0073 per share. After this disposition, Altshuler's directly held beneficial ownership of Class A Common Stock stood at 0 shares, and the number of derivative securities (options) beneficially owned also fell to 0, as disclosed in the filing.

The filing was submitted by Jeffrey D. Miller acting under power of attorney on behalf of Altshuler. No amendment date is listed, indicating this is an original filing. The form covers only non-derivative and derivative securities in Donegal Group Inc's Class A Common Stock, and no indirect beneficial ownership is reported.

What Was Disclosed

The filing discloses that Senior Vice President Kristi Spencer Altshuler exercised 6,000 options in Donegal Group Inc at $14.39 per share and sold all 6,000 resulting Class A Common Stock shares at $19.0073 per share on November 10, 2026, leaving zero direct beneficial ownership.