Donegal Group (DGICB) insider buys 38,377 Class A shares

Rhea-AI Filing Summary

Donegal Mutual Insurance Co, a 10% owner of Donegal Group Inc, reported open-market purchases totaling 38,377 shares of Class A common stock at prices of $19.2379 and $19.1021 per share. After these buys, it held 13,598,006 Class A shares and 4,708,570 Class B shares directly.

Insider Trade Summary

Net Buyer: 38,377 shares ($735,709)

Net Buy 3 txns

Insider DONEGAL MUTUAL INSURANCE CO

Role 10% Owner

Bought 38,377 shs ($736K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	19,352	$19.2379	$372K
Purchase	Class A Common Stock	19,025	$19.1021	$363K
holding	Class B Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 13,598,006 shares (Direct); Class B Common Stock — 4,708,570 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

DONEGAL MUTUAL INSURANCE CO

(Last) (First) (Middle)

1195 RIVER ROAD

P.O. BOX 302

(Street)

MARIETTA PA 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	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/08/2025		P		19,025	A	$19.1021	13,578,654	D
Class A Common Stock	09/09/2025		P		19,352	A	$19.2379	13,598,006	D
Class B Common Stock								4,708,570	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Jeffrey D. Miller, EVP & Chief Financial Officer	09/10/2025
	** 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.

FAQ

What insider activity did Donegal Group Inc (DGICB) report in this Form 4?

Donegal Group Inc reported that Donegal Mutual Insurance Co, a 10% owner, purchased 38,377 Class A shares in open-market transactions. These buys were split between two days and increased its directly held Class A stake to 13,598,006 shares.

How many Donegal Group Inc Class A shares were bought and at what prices?

Donegal Mutual Insurance Co bought 19,352 Class A shares at $19.2379 and 19,025 Class A shares at $19.1021. Together, these open-market purchases totaled 38,377 shares of Donegal Group Inc Class A common stock over two consecutive trading days.

Who is the reporting person in Donegal Group Inc (DGICB) latest Form 4?

The reporting person is Donegal Mutual Insurance Co, identified as a 10% owner of Donegal Group Inc. The Form 4 shows this entity directly owns the shares involved in the transactions, rather than an individual executive or director of the company.

What is Donegal Mutual Insurance Co’s Class A shareholding after these transactions?

Following the reported open-market purchases, Donegal Mutual Insurance Co directly held 13,598,006 shares of Donegal Group Inc Class A common stock. This figure reflects the updated position after buying a combined 38,377 additional Class A shares across the two reported transactions.

Does the Form 4 show any Donegal Group Inc Class B share holdings?

Yes. The Form 4 lists a direct holding of 4,708,570 shares of Donegal Group Inc Class B common stock for Donegal Mutual Insurance Co. This entry is recorded as a holding line, without a specific buy or sell transaction attached to the Class B shares.

Were there any Donegal Group Inc share sales reported in this Form 4?

No share sales were reported. The transaction summary shows two buy transactions totaling 38,377 Class A shares, with zero sells or disposals. The remaining entry relates to holdings of Class B shares rather than a sale or other disposition.