Donegal Group (DGICA) 10% holder adds 19,515 Class A shares
Rhea-AI Filing Summary
DONEGAL GROUP INC (DGICA) reported insider purchases by major shareholder Donegal Mutual Insurance Co, a ten percent owner. On August 19 and 20, 2026, this holder purchased 9,700 and 9,815 shares of Class A Common Stock, respectively, at average prices of $18.6105 and $18.6585 per share in open-market or private transactions.
The filing also reports a direct holding of 4,751,974 shares of Class B Common Stock as of August 19, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 19,515 shares
Net Buy
3 txns
Insider
DONEGAL MUTUAL INSURANCE CO
Role
10% Owner
Bought
19,515 shs ($364K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 9,815 | $18.6585 | $183K |
| Purchase | Class A Common Stock | 9,700 | $18.6105 | $181K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,194,206 shares (Direct);
Class B Common Stock — 4,751,974 shares (Direct)
Key Figures
Class A shares purchased (2026-08-19): 9,700 shares
Purchase price per share (2026-08-19): $18.6105 per share
Class A shares purchased (2026-08-20): 9,815 shares
+3 more
6 metrics
Class A shares purchased (2026-08-19)
9,700 shares
Purchased by Donegal Mutual Insurance Co at $18.6105 per share
Purchase price per share (2026-08-19)
$18.6105 per share
Price for 9,700 Class A Common Stock shares
Class A shares purchased (2026-08-20)
9,815 shares
Purchased by Donegal Mutual Insurance Co at $18.6585 per share
Purchase price per share (2026-08-20)
$18.6585 per share
Price for 9,815 Class A Common Stock shares
Total Class A shares purchased
19,515 shares
Net buy shares across reported transactions in this Form 4
Class B Common Stock holding
4,751,974 shares
Direct holding of Class B Common Stock as of 2026-08-19
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
"security_title: Class A Common Stock for the purchase transactions"
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
"security_title: Class B Common Stock for the holding entry"
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 filing’s Rule 10b5-1 checkbox is false"
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 were reported for DGICA in this Form 4?
The Form 4 reports that Donegal Mutual Insurance Co purchased 9,700 Class A shares on August 19, 2026 at $18.6105 per share and 9,815 Class A shares on August 20, 2026 at $18.6585 per share in open-market or private transactions.
Who is the reporting person in this DGICA Form 4 filing?
The reporting person is Donegal Mutual Insurance Co, which is identified as a ten percent owner of DONEGAL GROUP INC. It is not reported as a director or officer of DGICA in this filing.
Does the Form 4 show any DGICA insider sales or derivative exercises?
No. The summary data shows 2 purchase transactions totaling 19,515 shares, with 0 sales, 0 derivative exercises, and no gifts or restructuring transactions reported in this filing.
What Class B Common Stock holdings of DGICA are reported in this Form 4?
The filing lists a direct holding of 4,751,974 shares of DGICA Class B Common Stock as of August 19, 2026. This entry is reported as a holding and not as a new transaction.
Were these DGICA insider purchases made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is false, indicating the transactions are not affirmed as being made under a Rule 10b5-1 trading plan based on this Form 4’s data.
AI-generated analysis. How Rhea-AI works. Not financial advice.
