Donegal Group 10% owner buys 19,595 Class A shares
A 10% shareholder of DGICA reported open-market Class A share purchases and disclosed a large Class B holding.
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) reported that its ten percent owner DONEGAL MUTUAL INSURANCE CO made open-market purchases of Class A Common Stock. On September 2 and September 3, 2026, the shareholder purchased a total of 19,595 Class A shares at prices around $19.43–$19.53 per share. The shareholder also reports directly holding 4,751,974 Class B Common Stock shares as of September 2, 2026. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,595 shares
Net Buy
3 txns
Insider
DONEGAL MUTUAL INSURANCE CO
Role
10% Owner
Bought
19,595 shs ($382K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 9,595 | $19.5346 | $187K |
| Purchase | Class A Common Stock | 10,000 | $19.4334 | $194K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,292,566 shares (Direct);
Class B Common Stock — 4,751,974 shares (Direct)
Key Figures
Class A shares purchased on September 3, 2026: 9,595 shares
Purchase price on September 3, 2026: $19.5346 per share
Class A shares purchased on September 2, 2026: 10,000 shares
+3 more
6 metrics
Class A shares purchased on September 3, 2026
9,595 shares
Open-market or private purchase of DGICA Class A Common Stock at $19.5346 per share
Purchase price on September 3, 2026
$19.5346 per share
Price paid for 9,595 Class A Common Stock shares by DONEGAL MUTUAL INSURANCE CO
Class A shares purchased on September 2, 2026
10,000 shares
Open-market or private purchase of DGICA Class A Common Stock at $19.4334 per share
Purchase price on September 2, 2026
$19.4334 per share
Price paid for 10,000 Class A Common Stock shares by DONEGAL MUTUAL INSURANCE CO
Total Class A shares purchased
19,595 shares
Combined Class A Common Stock purchases on September 2 and 3, 2026
Class B Common Stock holding
4,751,974 shares
Direct holding of DGICA Class B Common Stock as of September 2, 2026
Key Terms
ten percent owner, Class A Common Stock, Class B Common Stock, Rule 10b5-1, +1 more
5 terms
ten percent owner regulatory
"DONEGAL MUTUAL INSURANCE CO is identified as a ten percent owner"
Class A Common Stock financial
"Open-market purchases of Class A Common Stock were reported"
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
"The shareholder reports holding 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
"No Rule 10b5-1 trading plan is reported for these transactions"
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.
open market or private transaction financial
"Purchases were described as a purchase in open market or private transaction"
FAQ
What insider activity did DGICA report in this Form 4?
DGICA reported that DONEGAL MUTUAL INSURANCE CO, a ten percent owner, purchased 19,595 Class A Common Stock shares in open-market or private transactions on September 2 and 3, 2026, and disclosed its direct holding of 4,751,974 Class B shares as of September 2, 2026.
What Class B Common Stock holdings in DGICA were disclosed?
The reporting shareholder disclosed a direct holding of 4,751,974 shares of Class B Common Stock of DONEGAL GROUP INC as of September 2, 2026, recorded as a holding entry rather than a new transaction.
Who is the reporting person in DGICA’s 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. It is not listed as a director or officer in this report.
Were the DGICA insider transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported in connection with these Class A Common Stock purchases.
AI-generated analysis. How Rhea-AI works. Not financial advice.
