Donegal Group (NASDAQ: DGICA) 10% holder buys shares, no 10b5-1 plan disclosed
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) reported insider purchases by its ten percent owner, Donegal Mutual Insurance Co. The reporting holder bought 10,000 shares of Class A Common Stock at $19.0647 per share on August 24, 2026 and 10,000 shares at $18.6757 per share on August 21, 2026 in open-market or private transactions. The filer also reported a direct holding of 4,751,974 shares of Class B Common Stock as of August 21, 2026. The Rule 10b5-1 checkbox was not marked as applying to these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 20,000 shares
Net Buy
3 txns
Insider
DONEGAL MUTUAL INSURANCE CO
Role
10% Owner
Bought
20,000 shs ($377K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 10,000 | $19.0647 | $191K |
| Purchase | Class A Common Stock | 10,000 | $18.6757 | $187K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,214,206 shares (Direct);
Class B Common Stock — 4,751,974 shares (Direct)
Key Figures
Class A shares purchased (Aug 24, 2026): 10,000 shares at $19.0647 per share
Class A shares purchased (Aug 21, 2026): 10,000 shares at $18.6757 per share
Class B shares held following transaction: 4,751,974 shares
+1 more
4 metrics
Class A shares purchased (Aug 24, 2026)
10,000 shares at $19.0647 per share
Open-market or private purchase of DGICA Class A Common Stock
Class A shares purchased (Aug 21, 2026)
10,000 shares at $18.6757 per share
Open-market or private purchase of DGICA Class A Common Stock
Class B shares held following transaction
4,751,974 shares
Direct holding of DGICA Class B Common Stock as of August 21, 2026
Net shares bought in reported period
20,000 shares
Net buy of DGICA Class A Common Stock across reported transactions
Key Terms
ten percent owner, Class A Common Stock, Class B Common Stock, Rule 10b5-1
4 terms
ten percent owner regulatory
"Donegal Mutual Insurance Co is identified as a ten percent owner"
Class A Common Stock financial
"The reporting holder bought shares of 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
"A direct holding of 4,751,974 shares of 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.
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox was not marked as applying"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transactions did DGICA disclose in this Form 4?
Donegal Mutual Insurance Co reported two purchases of DGICA Class A Common Stock, each for 10,000 shares, on August 21 and 24, 2026, plus a reported holding of 4,751,974 Class B shares as of August 21, 2026.
What are Donegal Mutual Insurance Co's reported DGICA Class B holdings?
Donegal Mutual Insurance Co reported a direct holding of 4,751,974 shares of DGICA Class B Common Stock as of August 21, 2026. This entry reflects a holding amount, not a new transaction in Class B shares.
Was a Rule 10b5-1 trading plan indicated for these DGICA transactions?
No. The filing’s Rule 10b5-1 checkbox was not marked as applying, and there is no indication in the data that these purchases were executed under a Rule 10b5-1 trading plan.
Who is the reporting person in this DGICA Form 4 and what is their status?
The reporting person is Donegal Mutual Insurance Co, identified as a ten percent owner of DONEGAL GROUP INC. The filing does not list the entity as a director or officer of DGICA.
AI-generated analysis. How Rhea-AI works. Not financial advice.
