Donegal SVP reports 51-share plan transaction

DONEGAL GROUP INC executive David Benjamin Bawel, SVP & Chief Accounting Officer, reported an indirect plan transaction in Class A Common Stock.

Rhea-AI Filing Summary

DONEGAL GROUP INC executive David Benjamin Bawel, SVP & Chief Accounting Officer, reported an indirect plan transaction in Class A Common Stock. On February 17, 2026, 51 shares were credited at $19.02 per share through a 401(k) Dividend Reinvestment Plan, bringing his indirect 401(k) holdings to 5,308 shares.

The filing also updates his directly held Class A Common Stock balance to 21,816 shares. These updates reflect routine ownership and retirement-plan activity rather than an open‑market purchase or sale.

Insider Trade Summary

Other: 51 shares

Other 2 txns

Insider BAWEL DAVID BENJAMIN

Role SVP & CHIEF ACCOUNTING OFFICER

Type	Security	Shares	Price	Value
Other	Class A Common Stock	51	$19.02	$970.02
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 5,308 shares (Indirect, 401(k) Plan); Class A Common Stock — 21,816 shares (Direct)

Footnotes (1)

1. F1. Dividend Reinvestment Plan

FAQ

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

What insider transaction did DONEGAL GROUP INC (DGICA) report for David Benjamin Bawel?

DONEGAL GROUP INC reported that SVP & Chief Accounting Officer David Benjamin Bawel had 51 Class A shares added on February 17, 2026, through a 401(k) Dividend Reinvestment Plan at $19.02 per share, updating his indirect retirement-plan holdings.

Was the DGICA Form 4 transaction an open-market buy or sell?

The DGICA Form 4 lists the transaction as an “other” type, tied to a 401(k) Dividend Reinvestment Plan. It does not represent a traditional open-market buy or sell, but rather automatic reinvestment activity inside a retirement savings plan.

How many DGICA Class A shares does David Benjamin Bawel now hold indirectly and directly?

After the reported activity, David Benjamin Bawel holds 5,308 DGICA Class A shares indirectly through a 401(k) plan and 21,816 shares directly. These figures represent his updated ownership positions as of the February 17, 2026, Form 4 filing.

What price was used for the DGICA Dividend Reinvestment Plan transaction?

The Dividend Reinvestment Plan transaction for DONEGAL GROUP INC Class A Common Stock used a price of $19.02 per share. At this price, 51 shares were credited to David Benjamin Bawel’s 401(k) plan holdings on February 17, 2026, as reported.

What role does David Benjamin Bawel hold at DONEGAL GROUP INC (DGICA)?

David Benjamin Bawel serves as Senior Vice President and Chief Accounting Officer at DONEGAL GROUP INC. His Form 4 filing reflects changes and updates to his ownership of DGICA Class A Common Stock, both through a 401(k) plan and direct holdings.

What does the “other” transaction code mean in the DGICA Form 4?

The Form 4 for DGICA describes the activity as an “other acquisition or disposition,” associated with a Dividend Reinvestment Plan in a 401(k). This indicates routine plan-related share adjustments rather than a standard market purchase or sale transaction.

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

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Accepted by SEC EDGAR 02/20/2026 - 11:26 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^*

BAWEL DAVID BENJAMIN

(Last) (First) (Middle)

1195 RIVER ROAD

(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		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & CHIEF ACCOUNTING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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(1)	02/17/2026		J	V	51	A	$19.02	5,308	I	401(k) Plan
Class A Common Stock								21,816	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:

1. Dividend Reinvestment Plan

Remarks:

	Jeffrey D. Miller, by power of attorney	02/20/2026
	** 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.