Donegal Group CFO buys 417 shares at $19.45

Rhea-AI Filing Summary

DONEGAL GROUP INC (DGICA) reported that EVP & Chief Financial Officer Jeffrey Dean Miller acquired 417 shares of Class A Common Stock on August 14, 2026 at $19.45 per share through a transaction classified as an "other acquisition or disposition" under a Dividend Reinvestment Plan in a 401(k) plan. Following this, he held 42,165 Class A shares indirectly in the 401(k) plan, plus direct holdings of 27,176 Class A shares, along with 106 Class B shares held directly and 478 Class B shares held indirectly in a 401(k) plan.

Insider Trade Summary

Other: 417 shares

Other 4 txns

Insider MILLER JEFFREY DEAN

Role EVP & Chief Financial Officer

Type	Security	Shares	Price	Value
Other	Class A Common Stock F1	417	$19.45	$8K
holding	Class A Common Stock	--	--	--
holding	Class B Common Stock	--	--	--
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 42,165 shares (Indirect, 401(k) Plan); Class A Common Stock — 27,176 shares (Direct); Class B Common Stock — 106 shares (Direct); Class B Common Stock — 478 shares (Indirect, 401(k) Plan)

Footnotes (1)

1. F1. Dividend Reinvestment Plan

Key Figures

Class A shares acquired: 417 shares Acquisition price per Class A share: $19.45 Indirect Class A holdings after transaction: 42,165 shares +3 more

6 metrics

Class A shares acquired 417 shares Other acquisition on August 14, 2026 via Dividend Reinvestment Plan in 401(k) plan

Acquisition price per Class A share $19.45 Price for 417 Class A shares acquired on August 14, 2026

Indirect Class A holdings after transaction 42,165 shares Class A Common Stock held indirectly in 401(k) plan after August 14, 2026 transaction

Direct Class A holdings 27,176 shares Class A Common Stock held directly as of August 14, 2026

Direct Class B holdings 106 shares Class B Common Stock held directly as of August 14, 2026

Indirect Class B holdings 478 shares Class B Common Stock held indirectly in 401(k) plan as of August 14, 2026

Key Terms

Dividend Reinvestment Plan, Class A Common Stock, Class B Common Stock

3 terms

Dividend Reinvestment Plan financial

"Footnote F1 describes the transaction as part of a Dividend Reinvestment Plan"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

Class A Common Stock financial

"Transaction involves Class A Common Stock acquired through a 401(k) plan"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Class B Common Stock financial

"Holdings include direct and indirect positions in Class B Common Stock"

A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did DGICA’s CFO Jeffrey Dean Miller report on August 14, 2026?

Jeffrey Dean Miller reported acquiring 417 Class A shares of DONEGAL GROUP INC on August 14, 2026 at $19.45 per share. The acquisition occurred via a Dividend Reinvestment Plan in a 401(k) plan and is coded as an "other" acquisition.

How many DONEGAL GROUP INC (DGICA) Class A shares does the CFO hold after this Form 4 filing?

After the reported transaction, Jeffrey Dean Miller holds 42,165 Class A shares indirectly through a 401(k) plan and 27,176 Class A shares directly. These figures reflect his updated ownership as of the August 14, 2026 Form 4 filing.

What price was paid per share in the DGICA insider acquisition on August 14, 2026?

The reported acquisition price was $19.45 per Class A share for 417 shares of DONEGAL GROUP INC. The transaction was categorized as an "other acquisition or disposition" and was executed through a Dividend Reinvestment Plan within a 401(k) plan.

How many Class B shares of DGICA does the CFO own according to this Form 4?

According to the filing, Jeffrey Dean Miller holds 106 Class B shares of DONEGAL GROUP INC directly and 478 Class B shares indirectly through a 401(k) plan. These are reported as holding entries with no new Class B transactions on the reported date.

Was the DGICA CFO’s August 14, 2026 insider transaction under a 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed for this filing. Instead, the 417-share acquisition of Class A stock is footnoted as occurring under a Dividend Reinvestment Plan in a 401(k) plan, not under a specified 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/18/2026 - 11:33 AM Accepted by SEC EDGAR 08/18/2026 - 11:32 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MILLER JEFFREY DEAN

(Last) (First) (Middle)

1195 RIVER ROAD

P.O. BOX 302

(Street)

MARIETTA PENNSYLVANIA 17547

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
DONEGAL GROUP INC [ DGICA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	08/14/2026		J	V	417	A	$19.45	42,165	I	401(k) Plan
Class A Common Stock								27,176	D
Class B Common Stock								106	D
Class B Common Stock								478	I	401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Dividend Reinvestment Plan

Remarks:

	Jeffrey D. Miller, EVP & Chief Financial Officer	08/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)