Last updated: 20 August 2024 at 1:45pm EST

Jack Hess Net Worth




The estimated Net Worth of Jack Lee Hess is at least $1.49 Million 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.

Mr. Hess DGICA stock SEC Form 4 insiders trading

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 Hess biography

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.

What is the salary of Jack Hess?

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.



How old is Jack Hess?

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.

What's Jack Hess's mailing address?

Jack's mailing address filed with the SEC is 1195 RIVER ROAD, P.O. BOX 302, MARIETTA, PA, 17547.

Insiders trading at Donegal

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, and 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.



What does Donegal do?

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.



What does Donegal's logo look like?

Donegal Group Inc. logo

Complete history of Mr. Hess stock trades at Donegal

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Sep 2023 Jack Lee Hess
Director
Option 4,500 $13.69 $61,605
7 Sep 2023
92,173
2 Dec 2022 Jack Lee Hess
Director
Option 8,500 $14.50 $123,250
2 Dec 2022
86,809
13 Sep 2022 Jack Lee Hess
Director
Buy 3,000 $14.43 $43,290
13 Sep 2022
78,083
3 May 2022 Jack Lee Hess
Director
Buy 3,778 $13.73 $51,872
3 May 2022
74,633
10 Mar 2022 Jack Lee Hess
Director
Buy 2,000 $13.41 $26,820
10 Mar 2022
70,855
24 Feb 2022 Jack Lee Hess
Director
Buy 2,000 $13.32 $26,640
24 Feb 2022
68,855
23 Nov 2021 Jack Lee Hess
Director
Buy 2,000 $14.18 $28,360
23 Nov 2021
66,130
29 Apr 2021 Jack Lee Hess
Director
Option 12,000 $12.50 $150,000
29 Apr 2021
63,507
20 Aug 2020 Jack Lee Hess
Director
Buy 2,000 $13.55 $27,100
20 Aug 2020
50,796
5 Aug 2020 Jack Lee Hess
Director
Buy 2,000 $14.35 $28,700
5 Aug 2020
48,796
12 Mar 2020 Jack Lee Hess
Director
Buy 1,200 $12.44 $14,928
12 Mar 2020
39,225
27 Feb 2020 Jack Lee Hess
Director
Option 8,000 $13.64 $109,120
27 Feb 2020
33,425
3 Jun 2019 Jack Lee Hess
Director
Buy 1,000 $14.43 $14,430
3 Jun 2019
12,100
9 May 2019 Jack Lee Hess
Director
Buy 2,000 $13.92 $27,840
9 May 2019
11,100
15 Nov 2018 Jack Lee Hess
Director
Buy 3,000 $13.61 $40,830
15 Nov 2018
15,500
5 Nov 2018 Jack Lee Hess
Director
Buy 3,000 $13.71 $41,130
5 Nov 2018
14,963
15 Nov 2017 Jack Lee Hess
Director
Buy 1,000 $17.50 $17,500
15 Nov 2017
21,800
14 Nov 2017 Jack Lee Hess
Director
Buy 1,000 $16.98 $16,980
14 Nov 2017
20,800
2 Nov 2017 Jack Lee Hess
Director
Buy 2,000 $16.78 $33,560
2 Nov 2017
19,800
2 Nov 2016 Jack Lee Hess
Director
Buy 1,000 $15.02 $15,020
2 Nov 2016
17,800
2 Nov 2016 Jack Lee Hess
Director
Buy 1,000 $15.02 $15,020
2 Nov 2016
17,800
2 Jun 2015 Jack Lee Hess
Director
Option 10,000 $14.00 $140,000
2 Jun 2015
5,407
13 Nov 2014 Jack Lee Hess
Director
Buy 2,500 $15.30 $38,250
13 Nov 2014
13,000
4 Dec 2012 Jack Lee Hess
Director
Buy 500 $13.78 $6,890
4 Dec 2012
10,500
27 Apr 2012 Jack Lee Hess
Director
Buy 1,325 $13.84 $18,338
27 Apr 2012
10,000
5 Mar 2012 Jack Lee Hess
Director
Buy 2,675 $13.42 $35,899
5 Mar 2012
8,675
9 Nov 2011 Jack Lee Hess
Director
Buy 1,000 $13.68 $13,680
9 Nov 2011
6,000
20 May 2011 Jack Lee Hess
Director
Buy 2,500 $13.33 $33,325
20 May 2011
5,000
16 May 2011 Jack Lee Hess
Director
Buy 2,500 $13.58 $33,950
16 May 2011
2,500


Donegal executives and stock owners

Donegal executives and other stock owners filed with the SEC include: