Donegal Mutual buys 16,577 Donegal Group shares
Donegal Mutual Insurance Co, a more than ten percent owner of Donegal Group Inc, reported additional open-market purchases of Class A Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Donegal Mutual Insurance Co, a more than ten percent owner of Donegal Group Inc, reported additional open-market purchases of Class A Common Stock. It bought 8,500 shares on May 7 at an average price of $17.0618 and 8,077 shares on May 8 at $17.1310 per share. After these trades, Donegal Mutual directly holds 13,971,281 Class A shares. The filing also shows a direct holding of 4,751,974 Class B shares as of May 7.
Insider Trade Summary
Net Buyer: 16,577 shares
Net Buy
3 txns
Insider
DONEGAL MUTUAL INSURANCE CO
Role
10% Owner
Bought
16,577 shs ($283K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 8,077 | $17.131 | $138K |
| Purchase | Class A Common Stock | 8,500 | $17.0618 | $145K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 13,971,281 shares (Direct);
Class B Common Stock — 4,751,974 shares (Direct)
Key Figures
Total shares bought: 16,577 shares
May 7 purchase size: 8,500 shares
May 7 purchase price: $17.0618 per share
+4 more
7 metrics
Total shares bought
16,577 shares
Open-market purchases of Class A Common Stock in May
May 7 purchase size
8,500 shares
Class A bought on May 7 at $17.0618
May 7 purchase price
$17.0618 per share
Average price for 8,500 Class A shares
May 8 purchase size
8,077 shares
Class A bought on May 8 at $17.1310
May 8 purchase price
$17.1310 per share
Average price for 8,077 Class A shares
Class A holdings after trades
13,971,281 shares
Direct Class A ownership following May purchases
Class B holdings reported
4,751,974 shares
Direct Class B Common Stock holding as of May 7
Key Terms
open-market purchase, Class A Common Stock, Class B Common Stock, ten percent owner
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Common Stock financial
"security_title: "Class A Common Stock""
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
"security_title: "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.
ten percent owner financial
"is_ten_percent_owner: 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Donegal Mutual report in Donegal Group (DGICA)?
Donegal Mutual Insurance Co reported open-market purchases of Donegal Group Class A shares. It bought 8,500 shares on May 7 and 8,077 shares on May 8, increasing its direct Class A holdings to 13,971,281 shares, plus existing Class B holdings.
What is Donegal Mutual’s total Class A ownership in Donegal Group (DGICA) after these trades?
After the reported purchases, Donegal Mutual directly owns 13,971,281 Class A shares of Donegal Group. This total reflects the added 16,577 shares bought on May 7 and May 8, as disclosed in the Form 4 insider transaction report.
Did the Form 4 filing show any Class B holdings for Donegal Group (DGICA)?
Yes. The Form 4 indicates Donegal Mutual directly holds 4,751,974 shares of Donegal Group Class B Common Stock. This entry is listed as a holding as of May 7, separate from the Class A shares purchased on May 7 and May 8.
Was the Donegal Group (DGICA) Form 4 transaction a purchase or sale?
The Form 4 reports open-market purchases of Donegal Group Class A shares by Donegal Mutual. Transaction code “P” and the description identify these as purchases, with no reported sales in the disclosed transactions during this period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
