Donegal Group (DGICA) CFO buys shares at $19.7972, $17.5

Donegal Group Inc. (DGICA) insider Jeffrey D. Miller, EVP & Chief Financial Officer and a director/10% owner, reported open-market purchases of the company’s stock.

Rhea-AI Filing Summary

Donegal Group Inc. (DGICA) insider Jeffrey D. Miller, EVP & Chief Financial Officer and a director/10% owner, reported open-market purchases of the company’s stock. On 11/20/2025, he bought 8,000 shares of Class A Common Stock at $19.4872 per share. On 11/21/2025, he bought another 8,000 Class A shares at $19.7972 per share and 43,404 shares of Class B Common Stock at $17.5 per share.

Following these transactions, he beneficially owned 13,784,361 shares of Class A Common Stock and 4,751,974 shares of Class B Common Stock, all reported as directly held. No derivative securities transactions were reported.

Insider Trade Summary

Net Buyer: 59,404 shares

Net Buy 3 txns

Insider DONEGAL MUTUAL INSURANCE CO

Role 10% Owner

Bought 59,404 shs ($1.07M)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	8,000	$19.7972	$158K
Purchase	Class B Common Stock	43,404	$17.50	$760K
Purchase	Class A Common Stock	8,000	$19.4872	$156K

Holdings After Transaction: Class A Common Stock — 13,784,361 shares (Direct); Class B Common Stock — 4,751,974 shares (Direct)

FAQ

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

What insider transaction did Donegal Group Inc. (DGICA) report in this Form 4?

The Form 4 reports that Jeffrey D. Miller purchased Donegal Group Inc. Class A and Class B Common Stock in open-market transactions on 11/20/2025 and 11/21/2025.

How many DGICA Class A shares did Jeffrey D. Miller purchase?

He purchased 8,000 shares of Class A Common Stock at $19.4872 per share on 11/20/2025 and an additional 8,000 Class A shares at $19.7972 per share on 11/21/2025.

How many DGICA Class B shares did Jeffrey D. Miller purchase?

On 11/21/2025, he bought 43,404 shares of Class B Common Stock at a price of $17.5 per share.

What is Jeffrey D. Miller’s ownership in DGICA after these transactions?

After the reported trades, he beneficially owned 13,784,361 shares of Class A Common Stock and 4,751,974 shares of Class B Common Stock, all shown as directly owned.

What is Jeffrey D. Miller’s role at Donegal Group Inc.?

The filing identifies him as a Director and 10% Owner, and the signature block lists his title as EVP & Chief Financial Officer.

Were any derivative securities for DGICA reported in this Form 4?

No. The table for derivative securities is present but does not list any derivative transactions or holdings.

Was the DGICA insider trading under a Rule 10b5-1 trading plan?

The form includes a checkbox for transactions under a Rule 10b5-1(c) trading plan, but the provided content does not show it marked.

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

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Accepted by SEC EDGAR 11/24/2025 - 08:18 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^*

DONEGAL MUTUAL INSURANCE CO

(Last) (First) (Middle)

1195 RIVER ROAD

P.O. BOX 302

(Street)

MARIETTA PA 17547

(City) (State) (Zip)

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

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

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025

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

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

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

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	11/20/2025		P		8,000	A	$19.4872	13,776,361	D
Class A Common Stock	11/21/2025		P		8,000	A	$19.7972	13,784,361	D
Class B Common Stock	11/21/2025		P		43,404	A	$17.5	4,751,974	D

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:

Remarks:

	Jeffrey D. Miller, EVP & Chief Financial Officer	11/24/2025
	** 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.