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[Form 4] DONEGAL GROUP INC Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Donegal Group Inc. (DGICA) reported insider share purchases by Jeffrey D. Miller, who is listed as a director and signs as EVP & Chief Financial Officer. On 11/14/2025, he bought 8,000 shares of Class A common stock at $19.9196 per share, followed by another purchase of 8,000 shares of Class A common stock on 11/17/2025 at $19.9077 per share. After these transactions, he directly owns 13,753,670 shares of Class A common stock and 4,708,570 shares of Class B common stock.

Positive
  • None.
Negative
  • None.
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)
11/14/2025
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 11/14/2025 P 8,000 A $19.9196 13,745,670 D
Class A Common Stock 11/17/2025 P 8,000 A $19.9077 13,753,670 D
Class B Common Stock 4,708,570 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 11/18/2025
** 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.

FAQ

What insider transaction did Donegal Group Inc. (DGICA) report?

Donegal Group Inc. reported that Jeffrey D. Miller, a director who signs as EVP & Chief Financial Officer, purchased shares of the company’s Class A common stock in two separate transactions.

How many Donegal Group (DGICA) Class A shares did Jeffrey D. Miller buy and at what prices?

He bought 8,000 Class A shares on 11/14/2025 at $19.9196 per share and another 8,000 Class A shares on 11/17/2025 at $19.9077 per share.

What is Jeffrey D. Miller’s total Class A ownership in Donegal Group after these trades?

Following the reported transactions, Jeffrey D. Miller directly owns 13,753,670 shares of Donegal Group’s Class A common stock.

Does Jeffrey D. Miller hold Donegal Group (DGICA) Class B shares as well?

Yes. In addition to his Class A holdings, he directly owns 4,708,570 shares of Donegal Group’s Class B common stock.

What SEC form was filed for the Donegal Group (DGICA) insider transaction?

The transactions were reported on Form 4, which discloses changes in the beneficial ownership of a company’s securities by its insiders.

Is the Donegal Group (DGICA) filing for a single or multiple reporting persons?

The filing indicates that it is a Form filed by One Reporting Person, referring to Jeffrey D. Miller.

Donegal Group

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DGICA Stock Data

732.10M
35.96M
1.79%
86.41%
1.12%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
MARIETTA