STOCK TITAN

Donegal Group (DGICA) investor buys 20,000 Class A shares

(Moderate)
(Positive)
Form Type
4

Rhea-AI Filing Summary

DONEGAL GROUP INC (DGICA) reported that major shareholder Donegal Mutual Insurance Co, a ten percent owner, purchased Class A Common Stock in the open market. The shareholder bought 10,000 shares at $18.5955 on August 18, 2026 and 10,000 shares at $18.5239 on August 17, 2026, for a total of 20,000 Class A shares. A separate line shows direct holdings of 4,751,974 shares of Class B Common Stock as of August 17, 2026.

Positive

  • None.

Negative

  • None.
Insider DONEGAL MUTUAL INSURANCE CO
Role 10% Owner
Bought 20,000 shs ($371K)
Type Security Shares Price Value
Purchase Class A Common Stock 10,000 $18.5955 $186K
Purchase Class A Common Stock 10,000 $18.5239 $185K
holding Class B Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 14,174,691 shares (Direct); Class B Common Stock — 4,751,974 shares (Direct)
Class A shares purchased 2026-08-18 10,000 shares Open-market purchase of Class A Common Stock at $18.5955 per share
Purchase price 2026-08-18 $18.5955 per share Price for 10,000 Class A shares bought by Donegal Mutual Insurance Co
Class A shares purchased 2026-08-17 10,000 shares Open-market purchase of Class A Common Stock at $18.5239 per share
Purchase price 2026-08-17 $18.5239 per share Price for 10,000 Class A shares bought by Donegal Mutual Insurance Co
Total Class A shares bought 20,000 shares Sum of Class A purchases on August 17 and 18, 2026
Class B shares held 4,751,974 shares Direct holdings of Class B Common Stock as of August 17, 2026
ten percent owner regulatory
"Donegal Mutual Insurance Co is identified as a ten percent owner"
Class A Common Stock financial
"The shareholder bought Class A Common Stock in open-market purchases"
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
"Direct holdings of 4,751,974 shares of 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

What insider transactions did DGICA report for Donegal Mutual Insurance Co?

DGICA reported that Donegal Mutual Insurance Co purchased 20,000 shares of Class A Common Stock in two open-market transactions on August 17–18, 2026, and disclosed direct holdings of 4,751,974 Class B shares.

How many DGICA Class A shares did Donegal Mutual Insurance Co buy and at what prices?

Donegal Mutual Insurance Co bought 10,000 Class A shares at $18.5955 on August 18, 2026 and 10,000 Class A shares at $18.5239 on August 17, 2026, all reported as open-market or private purchases.

What is Donegal Mutual Insurance Co’s reported Class B ownership in DGICA?

The filing lists direct holdings of 4,751,974 shares of DGICA Class B Common Stock as of August 17, 2026. This entry is shown as a holding line, without an associated buy or sell transaction code.

Is Donegal Mutual Insurance Co a major shareholder of DGICA?

Yes. Donegal Mutual Insurance Co is identified as a ten percent owner of DONEGAL GROUP INC. Its reported positions include recent purchases of Class A Common Stock and holdings of 4,751,974 Class B shares.

Were the reported DGICA insider purchases under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and no footnotes indicate a trading plan. The reported Class A share purchases are therefore not stated as being made under a Rule 10b5-1 plan.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
DONEGAL MUTUAL INSURANCE CO

(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)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/17/2026P10,000A$18.523914,164,691D
Class A Common Stock08/18/2026P10,000A$18.595514,174,691D
Class B Common Stock4,751,974D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
Jeffrey D. Miller, EVP & Chief Financial Officer08/19/2026
** Signature of Reporting PersonDate
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)