Donegal Group SVP buys 4 Class A shares

Donegal Group Inc Senior Vice President David Wayne Sponic reported a small purchase of Class A Common Stock.

(Moderate)

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Rhea-AI Filing Summary

Donegal Group Inc Senior Vice President David Wayne Sponic reported a small purchase of Class A Common Stock. On 2025-08-15, an indirect account identified as a 401(k) acquired 4 shares at $17.75 per share in an open-market transaction.

After this trade, indirect holdings in the 401(k) totaled 372 Class A shares, while a separate line shows 2,006 Class A shares held directly as a baseline ownership figure.

Insider Trade Summary

Net Buyer: 4 shares

Net Buy 2 txns

Insider SPONIC DAVID WAYNE

Role Senior Vice President

Bought 4 shs ($71.00)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	4	$17.75	$71.00
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 372 shares (Indirect, 401(k) Account); Class A Common Stock — 2,006 shares (Direct)

Footnotes (1)

F1. Dividend Reinvestment Plan

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Donegal Group Inc (DGICB) report for David Wayne Sponic?

Donegal Group Inc reported that Senior Vice President David Wayne Sponic indirectly bought 4 Class A Common shares at $17.75 each. The purchase occurred on August 15, 2025, through a 401(k) account, reflecting a routine, small increase in insider-held shares.

How many Donegal Group Inc (DGICB) shares does David Wayne Sponic own after this Form 4?

After the reported activity, David Wayne Sponic’s indirect 401(k) holdings total 372 Class A shares. A separate holding line also shows 2,006 Class A shares held directly, providing a snapshot of his combined direct and indirect equity exposure in the company.

Was the Donegal Group Inc (DGICB) insider transaction a buy or sell?

The Form 4 shows a buy transaction. David Wayne Sponic’s 401(k) account executed an open-market purchase of 4 Class A Common shares at $17.75 per share, modestly increasing his indirect ownership stake in Donegal Group Inc on August 15, 2025.

What type of security did the Donegal Group Inc (DGICB) insider purchase?

The insider purchase involved Donegal Group Inc Class A Common Stock. David Wayne Sponic’s 401(k) account acquired 4 Class A shares in an open-market transaction at $17.75 per share, as disclosed in the Form 4 insider trading report for August 15, 2025.

How significant is the Donegal Group Inc (DGICB) insider purchase reported on this Form 4?

The reported purchase is relatively small, involving 4 Class A shares bought at $17.75 each. It modestly increases David Wayne Sponic’s indirect 401(k) holdings to 372 shares, alongside 2,006 shares held directly, and appears as a routine ownership adjustment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 08/25/2025 - 11:30 AM EDT

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^*

SPONIC DAVID WAYNE

(Last)

(First)

(Middle)

1195 RIVER ROAD

(Street)

MARIETTA

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	10% Owner
X	Officer (give title below)	Other (specify below)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock⁽¹⁾	08/15/2025		P	V	4	A	$17.75	372	I	401(k) Account
Class A Common Stock								2,006	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Dividend Reinvestment Plan

Remarks:

	Jeffrey D. Miller, by power of attorney	08/25/2025
	** 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.

Source: View Original Filing on SEC EDGAR