Executive Vice President · DONEGAL GROUP INC (DGICA)

Jeffery Hay

A named executive officer of DONEGAL in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$1,007,881

FY2024: $840,400

Compensation figures as of the proxy filed March 16, 2026 (DEF 14A).

Jeffery Hay compensation by year

DONEGAL Summary Compensation Table · all 3 fiscal years held
In US dollars, as DONEGAL reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$459,000$459,000$486,540
Bonus—$332,775$403,389
Stock awards—$0$0
Option awards$27,180$28,200$0
Non-equity incentive——$97,202
Pension and deferred compensation—$0$0
All other$15,095$20,425$20,750
Total$501,275$840,400$1,007,881

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: DONEGAL GROUP INC DEF 14A filed March 16, 2026, accession 0001140361-26-009495, and prior-year filings. Open the filing on EDGAR.

$501K
$840K
$1.0M
FY23
FY24
FY25
SalaryBonusNon-equity incentiveOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
Option13,334—$15.76
Option6,000—$13.87

Per the Outstanding Equity Awards at Fiscal Year-End table in DONEGAL GROUP INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

DONEGAL’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Kevin BurkePresident and Chief Executive Officer$1,742,994
Jeffrey MillerExecutive Vice President and Chief Financial Officer$1,502,079
W. Daniel DeLamaterExecutive Vice President and Chief Operating Officer$1,203,576
Sanjay PandeyExecutive Vice President and Chief Information Officer$1,070,288
Jeffery Hay · this pageExecutive Vice President$1,007,881

The full DONEGAL compensation record

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are DONEGAL's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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