Donegal Group (DGICA) major holder adds 16,828 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Donegal Mutual Insurance Co, a ten percent owner of Donegal Group Inc, reported open-market purchases of Class A Common Stock. It bought 8,328 shares on May 19, 2026 at $17.4804 per share and 8,500 shares on May 20, 2026 at $17.4286 per share, totaling 16,828 shares. After these trades, it directly holds 14,039,109 Class A shares and 4,751,974 Class B shares, indicating continued accumulation rather than selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 16,828 shares ($293,720)
Net Buy
3 txns
Insider
DONEGAL MUTUAL INSURANCE CO
Role
null
Bought
16,828 shs ($294K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 8,500 | $17.4286 | $148K |
| Purchase | Class A Common Stock | 8,328 | $17.4804 | $146K |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 14,039,109 shares (Direct, null);
Class B Common Stock — 4,751,974 shares (Direct, null)
Footnotes (1)
Key Figures
Total Class A shares bought: 16,828 shares
Purchase price May 19: $17.4804 per share
Purchase price May 20: $17.4286 per share
+3 more
6 metrics
Total Class A shares bought
16,828 shares
Open-market purchases on May 19-20, 2026
Purchase price May 19
$17.4804 per share
8,328 Class A shares bought on May 19, 2026
Purchase price May 20
$17.4286 per share
8,500 Class A shares bought on May 20, 2026
Class A shares after trades
14,039,109 shares
Direct Class A ownership following May 20, 2026 purchase
Class B shares held
4,751,974 shares
Direct Class B holding as of May 19, 2026
Net buy/sell direction
Net buy of 16,828 shares
Form 4 transaction summary
Key Terms
open-market purchase, ten percent owner, Class A Common Stock, Class B Common Stock, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ten percent owner financial
"is_ten_percent_owner": 1"
Class A Common Stock financial
"security_title": "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
"security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider activity did Donegal Mutual report for DGICA?
Donegal Mutual Insurance Co reported open-market purchases of Donegal Group Class A shares, buying a total of 16,828 shares over two days. These trades increased its direct ownership position in the company’s Class A Common Stock.