Director Michael Kevin Callahan filed a Form 144 notice on November 12, 2026, disclosing a proposed sale of 3,000 shares of Donegal Group Inc. common stock acquired through a stock option exercise.

Key Highlights

  • Filer: Michael Kevin Callahan, identified in the filing as a Director of Donegal Group Inc.
  • Shares proposed for sale: 3,000 shares of Donegal Group Inc. common stock.
  • Aggregate market value: $57,000.00, as stated in the filing.
  • Acquisition method: Stock option exercise and sale from Donegal Group Inc., with payment in cash on November 12, 2026.
  • Approximate date of sale: November 12, 2026, through Citigroup Global Markets, Inc., 390 Greenwich St., New York, NY 10013.
  • Shares outstanding: 31,842,786 shares of common stock outstanding, according to the filing.
  • Prior three-month sales: The filing reports nothing to report for securities sold during the past three months.

Donegal Group Director Callahan Files Rule 144 Notice for Option-Exercised Shares

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Michael Kevin Callahan, a director of Donegal Group Inc. (NASDAQ:DGICB per the filing's listed exchange), has provided notice of a proposed sale of 3,000 shares of the company's common stock. The filing lists an aggregate market value of $57,000.00 for the shares proposed to be sold. The issuer's address is listed as 1195 River Rd, PO Box 302, Marietta, Pennsylvania 17547-0302.

The filing discloses that the 3,000 shares were acquired on November 12, 2026, through a stock option exercise and sale transaction with Donegal Group Inc. as the party from whom the securities were acquired. The nature of payment is listed as cash, with the date of payment also recorded as November 12, 2026. The proposed sale is to be executed through Citigroup Global Markets, Inc. The filing notes no securities were sold by Callahan in the three months preceding this notice.

As of the filing date, the total number of shares of common stock outstanding is reported as 31,842,786. The notice was dated November 12, 2026. By signing the form, the filer represented, as stated in the filing, that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

What Was Disclosed

Donegal Group Inc. director Michael Kevin Callahan filed a Form 144 notice proposing to sell 3,000 shares of common stock, valued at $57,000.00, acquired via stock option exercise on November 12, 2026, with no sales reported in the prior three months.