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DGICA insider Jeffrey Miller adds 16,000 Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Donegal Group Inc. (DGICA) executive vice president and chief financial officer Jeffrey D. Miller reported open-market purchases of Class A common stock. On 11/24/2025, he bought 8,000 Class A shares at $19.7662 per share, bringing his Class A holdings to 13,792,361 shares. On 11/25/2025, he bought another 8,000 Class A shares at $20.1771 per share, increasing his Class A holdings to 13,800,361 shares. The filing also shows he beneficially owns 4,751,974 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)
11/24/2025
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 11/24/2025 P 8,000 A $19.7662 13,792,361 D
Class A Common Stock 11/25/2025 P 8,000 A $20.1771 13,800,361 D
Class B Common Stock 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 11/26/2025
** 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 did Donegal Group Inc. (DGICA) disclose in this Form 4 filing?

The filing reports that executive vice president and chief financial officer Jeffrey D. Miller purchased Class A common stock of Donegal Group Inc. in two open-market transactions and discloses his updated Class A and Class B share ownership.

How many Donegal Group Inc. (DGICA) Class A shares did Jeffrey D. Miller buy?

Jeffrey D. Miller purchased 8,000 Class A common shares on 11/24/2025 and another 8,000 Class A common shares on 11/25/2025, for a total of 16,000 Class A shares.

At what prices were the DGICA Class A shares purchased by Jeffrey D. Miller?

The filing shows Miller bought Class A common stock at $19.7662 per share on 11/24/2025 and at $20.1771 per share on 11/25/2025.

How many DGICA Class A shares does Jeffrey D. Miller own after these transactions?

After the reported purchases, Jeffrey D. Miller beneficially owns 13,800,361 shares of Donegal Group Inc. Class A common stock in direct ownership.

How many DGICA Class B shares does Jeffrey D. Miller beneficially own?

The filing lists that Jeffrey D. Miller beneficially owns 4,751,974 shares of Donegal Group Inc. Class B common stock, held in direct ownership.

What is the ownership form for Jeffrey D. Miller’s DGICA shares reported here?

The Form 4 indicates that all reported holdings of both Class A and Class B Donegal Group Inc. common stock are held in direct (D) ownership.

Donegal Group

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727.33M
35.96M
1.79%
86.41%
1.12%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
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United States
MARIETTA