Alexander KarpAlexander Karp earned $1B in 2024

In 2015, Donald H. Nikolaus earned $1.32M in total compensation at Donegal Group, including $800.00K salary and $440.00K bonus. Most recently acquired 500 shares in Jan 2018. Currently holds stock worth $11.74M. Has donated $1.10M in stock to charitable causes. Led Donegal Group as CEO for 29 years.

Compensation History

Annual executive compensation data for Donald H. Nikolaus, including salary, bonuses, and stock awards.

Year

2015

Total Compensation

$1.32M

Salary

$800.00K

Bonus

$440.00K

Other

$83.48K

Salary

$800.00K

Board Justification

The compensation philosophy aims to attract and retain talented executives while aligning their interests with company performance and shareholder value.

Bonus

$440.00K

Board Justification

The bonus is based on the company's underwriting profit for the completed fiscal year, reflecting a significant increase from the previous year due to improved operational results.

Other Compensation

$83.48K

Board Justification

This includes directors and committee meeting fees and a matching 401(k) plan contribution.

Restricted Stock

$0.000 N/A

Board Justification

No stock was vested in 2015 as all stock options granted are subject to vesting schedules.

Performance Metrics

The performance metrics include underwriting profit, return on equity, and growth in net written premiums.

D

Donald H. Nikolaus

Ex-CEO of Donegal Group

Field of Expertise

Legal & Compliance - Law

Sector of Economy

Financial Services

CEO of Donegal Group for

29 years 6 months (Jan 1986 - Jul 2015)

Previous Experience

President and CEO of Donegal Group Inc. since 1986

Holdings

Track Donald H. Nikolaus's stock holdings and portfolio value over time.

Total Stock Sold

$743.00K

DGICA

$743.00K

50,000 DGICA shares

What if they kept their stock?

If Donald H. Nikolaus didn't sell their stock, today they would have:
Extra DGICA50,000 shares worth $968.50K.
This is 30.35% and $225.50K more than what they got when they sold the stock.

Charitable Transactions

DGICA

56,551 shares

DGICA

Recent Charitable Transactions

DGICA

12,668 shares

DGICA

Feb 5, 2016

Charity

DGICA

$194.07K

DGICA at $15.32/share

Aug 8, 2014

Charity

DGICA

$197.40K

DGICA at $13.16/share

Jun 22, 2012

Charity

DGICA

$103.60K

DGICA at $14.80/share

Dec 22, 2011

Charity

DGICA

$140.81K

DGICA at $15.28/share

Dec 23, 2010

Charity

Insider Trading

Donald H. Nikolaus's recent stock transactions, purchases, and sales filed with the SEC.

DGICA

$8.65K

DGICA at $17.30/share

Jan 2, 2018

Received

DGICA

$8.74K

DGICA at $17.48/share

Jan 3, 2017

Received

DGICA

12,668 shares

DGICA

Feb 5, 2016

Charity

DGICA

$7.04K

DGICA at $14.08/share

Jan 4, 2016

Received

DGICA

$740.00K

DGICA at $14.80/share

Jun 4, 2015

Sale

DGICA

$6.39K

DGICA at $15.98/share

Jan 2, 2015

Received

DGICA

$194.07K

DGICA at $15.32/share

Aug 8, 2014

Charity

DGICA

$194.07K

DGICA at $15.32/share

Aug 8, 2014

Charity

DGICA

$197.40K

DGICA at $13.16/share

Jun 22, 2012

Charity

Rivals

Compare Donald H. Nikolaus with competitor CEOs and industry peers.