---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-059074"
form_type: "8-K"
ticker: "DGICA"
cik: "0000800457"
company_name: "DONEGAL GROUP INC"
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:35:44.209765+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Donegal Group approves new 2024 Annual Executive Incentive Plan with premium growth, combined ratio, and ROE metrics

## Summary
- New annual bonus plan for named executive officers, including CEO, based on commercial lines premium growth, statutory combined ratio, and operating ROE for FY2024.
- Joint Compensation Committee retains discretion to adjust awards or pay discretionary bonuses regardless of objective criteria achievement.
- Plan approved December 21, 2023; detailed compensation disclosures to be in 2024 proxy statement.

## SEC filing metadata
- accession: 0001140361-23-059074
- form_type: 8-K
- ticker: DGICA
- cik: 0000800457
- company_name: DONEGAL GROUP INC
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/800457/000114036123059074/0001140361-23-059074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/800457/000114036123059074/ef20017319_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-059074
- JSON: https://secwatch.observer/filing/0001140361-23-059074.json
- Plain text: https://secwatch.observer/filing/0001140361-23-059074.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.