Christina Marie Hoffman, Senior Vice President and Chief Risk Officer of Donegal Group Inc, filed a Form 4 on August 7, 2026, disclosing the exercise of stock options and a same-day sale of Class A Common Stock on August 6, 2026.

Key Highlights

  • Option exercise: Hoffman exercised options covering 18,000 shares of Class A Common Stock at an exercise price of $14.39 per share on August 6, 2026.
  • Shares sold: Hoffman disposed of 18,000 shares of Class A Common Stock at $19.67 per share on the same date.
  • Post-transaction direct holdings: Following the sale, Hoffman directly held 4,655 shares of Class A Common Stock, according to the filing.
  • Options exhausted: The filing reports zero derivative securities beneficially owned following the reported transactions, with the exercised options having had an expiration date of December 16, 2026.
  • Filing role: Hoffman is identified as Senior Vice President and Chief Risk Officer of Donegal Group Inc, listed on NASDAQ as DGICA.

Hoffman's Option Exercise and Share Sale at Donegal Group

According to the filing, Christina Marie Hoffman executed two transactions on August 6, 2026, both involving Class A Common Stock of Donegal Group Inc (NASDAQ: DGICA), a Pennsylvania-based insurance holding company. The first transaction, coded "M," reflects the exercise of options covering 18,000 shares at a conversion or exercise price of $14.39 per share. Immediately following that exercise, the filing records Hoffman's direct beneficial ownership at 22,655 shares.

The second transaction, coded "S," reflects the disposition of 18,000 shares at a price of $19.67 per share. After that sale, the filing states Hoffman's direct beneficial ownership stood at 4,655 shares of Class A Common Stock. The options that were exercised had become exercisable on July 1, 2022, and carried an expiration date of December 16, 2026, according to Table II of the filing. Following the exercise and sale, the filing reports that Hoffman holds zero options or other derivative securities on a direct basis.

The Form 4 was signed by Jeffrey D. Miller acting under a power of attorney and was filed with the SEC on August 7, 2026. No Rule 10b5-1 plan election was indicated in the filing for these transactions.

What Was Disclosed

The filing discloses that Hoffman exercised 18,000 stock options at $14.39 and sold the resulting 18,000 shares at $19.67, leaving her with 4,655 directly held shares of Donegal Group Class A Common Stock and no remaining options.