The estimated Net Worth of Jack Lee Hess is at least $1.49 millió dollars as of 7 September 2023. Mr. Hess owns over 4,500 units of Donegal stock worth over $1,385,360 and over the last 14 years he sold DGICA stock worth over $0. In addition, he makes $99,648 as Independent Director at Donegal.
Jack has made over 29 trades of the Donegal stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 4,500 units of DGICA stock worth $61,605 on 7 September 2023.
The largest trade he's ever made was exercising 12,000 units of Donegal stock on 29 April 2021 worth over $150,000. On average, Jack trades about 787 units every 40 days since 2011. As of 7 September 2023 he still owns at least 92,173 units of Donegal stock.
You can see the complete history of Mr. Hess stock trades at the bottom of the page.
Jack Lee Hess is an Independent Director of the Company. Mr. Hess is a certified public accountant for more than 40 years, retired as a partner of Bertz, Hess & Co., LLP, a public accounting firm, on December 31, 2015. He was a partner of that firm and a predecessor firm since 1982. Mr. Hess is managing partner of Hempland Associates, a real estate investment partnership based in Lancaster County, Pennsylvania. Mr. Hess has been a director of Donegal Mutual since 2009, a director of us since 2011 and a director of Conestoga Title Insurance Company, a subsidiary of Donegal Mutual, since 2006. Mr. Hess’ background brings significant auditing and tax expertise to our board of directors as well as experienced business management skills, which we believe qualifies Mr. Hess to serve on our board of directors.
As the Independent Director of Donegal, the total compensation of Jack Hess at Donegal is $99,648. There are 10 executives at Donegal getting paid more, with Kevin Burke having the highest compensation of $1,034,370.
Jack Hess is 72, he's been the Independent Director of Donegal since 2011. There are 4 older and 23 younger executives at Donegal. The oldest executive at Donegal Group Inc. is Robert Bolinger, 83, who is the Independent Director.
Jack's mailing address filed with the SEC is 1195 RIVER ROAD, P.O. BOX 302, MARIETTA, PA, 17547.
Over the last 22 years, insiders at Donegal have traded over $77,067,059 worth of Donegal stock and bought 6,292,633 units worth $103,968,299 . The most active insiders traders include Mutual Insurance Co Donegal, Gregory M Shepard és Donald H Nikolaus. On average, Donegal executives and independent directors trade stock every 21 days with the average trade being worth of $539,036. The most recent stock trade was executed by Mutual Insurance Co Donegal on 9 September 2024, trading 11,175 units of DGICA stock currently worth $170,531.
the donegal insurance group consists of donegal mutual insurance company, atlantic states insurance company, southern insurance company of virginia, le mars insurance company, the peninsula insurance company, peninsula indemnity company, sheboygan falls insurance company, southern mutual insurance company and michigan insurance company. we are proud of our heritage, which spans 125 years in the insurance business.
Donegal executives and other stock owners filed with the SEC include: