In 2023, Kevin G. Burke earned $878.20K in total compensation at Donegal Group, including $750.00K salary and $7.10K in stock. Most recently acquired 1,000 shares in Jan 2025. Currently holds stock worth $296.01K. 7+ years at the helm of Donegal Group.
Compensation History
Annual executive compensation data for Kevin G. Burke, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$878.20K
Salary
$750.00K
Bonus
$0.00
Other
$121.10K
Salary
$750.00KBoard Justification
The compensation philosophy aims to attract and retain talented executives while aligning their interests with those of stockholders through performance-based incentives.
Bonus
$0.00Board Justification
No performance-based compensation was paid out in 2023 due to not meeting minimum thresholds for bonuses under the annual cash incentive bonus plan.
Other Compensation
$121.10KBoard Justification
Other compensation includes directors fees of $101,300 and a matching 401(k) plan contribution of $19,800 paid during 2023.
Restricted Stock
Board Justification
500 shares of restricted stock vested in 2023, which were granted as part of the annual compensation for serving as a director.
Performance Metrics
The performance metrics for determining compensation in 2023 included premium growth rates and underwriting results, but no bonuses were paid due to thresholds not being met.
Kevin G. Burke
CEO of Donegal Group
Field of Expertise
Finance & Banking - Insurance
Sector of Economy
Financial Services
CEO of Donegal Group for
7 years 3 months (Sep 2018 - Present)
Previous Experience
Executive Vice President and Chief Operating Officer of Donegal Mutual Insurance Company
Other Donegal Group CEOs
Holdings
Track Kevin G. Burke's stock holdings and portfolio value over time.
Total Stock Sold
$4.05M
$4.05M
270,000 DGICA shares
What if they kept their stock?
If Kevin G. Burke didn't sell their stock, today they would have:
Extra DGICA270,000 shares worth $5.23M.
This is 29.14% and $1.18M more than what they got when they sold the stock.
Insider Trading
Kevin G. Burke's recent stock transactions, purchases, and sales filed with the SEC.
$15.47K
DGICA at $15.47/share
Jan 2, 2025
Received
$7.00K
DGICA at $13.99/share
Jan 2, 2024
Received
$700.56K
DGICA at $15.57/share
Jun 14, 2023
Sale
$7.10K
DGICA at $14.20/share
Jan 3, 2023
Received
$676.35K
DGICA at $15.03/share
Dec 1, 2022
Sale
$7.15K
DGICA at $14.29/share
Jan 4, 2022
Received
$1.11M
DGICA at $14.85/share
Mar 11, 2021
Sale
$7.04K
DGICA at $14.07/share
Jan 4, 2021
Received
$813.67K
DGICA at $14.79/share
Sep 10, 2020
Sale
$7.41K
DGICA at $14.82/share
Jan 2, 2020
Received
Rivals
Compare Kevin G. Burke with competitor CEOs and industry peers.