Donegal Mutual Insurance Co filed a Form 4 with the SEC on November 9, 2026, reporting three open-market purchases of Donegal Group Inc Class A Common Stock totaling 33,000 shares made on November 5 and 6, 2026.

Key Highlights

  • Reporting person: Donegal Mutual Insurance Co, identified in the filing as a 10% owner of Donegal Group Inc (NASDAQ:DGICA).
  • First purchase: 18,000 shares of Class A Common Stock acquired on November 5, 2026 at $18.816 per share.
  • Second purchase: 7,500 shares of Class A Common Stock acquired on November 5, 2026 at $18.9715 per share.
  • Third purchase: 7,500 shares of Class A Common Stock acquired on November 6, 2026 at $18.7375 per share.
  • Post-transaction Class A holdings: 14,435,128 shares held directly following the three reported transactions.
  • Class B Common Stock: Donegal Mutual also reported direct beneficial ownership of 4,751,974 shares of Class B Common Stock, with no transactions reported in that class.

Donegal Mutual's Three-Transaction Class A Purchase in November 2026

According to the filing, Donegal Mutual Insurance Co, headquartered at 1195 River Road, Marietta, Pennsylvania 17547, executed three purchases of Class A Common Stock in Donegal Group Inc across two consecutive trading days. All transactions are coded "P," indicating open-market purchases, and all securities were acquired directly by the reporting person.

The filing shows that on November 5, 2026, Donegal Mutual purchased 18,000 shares at $18.816 per share, bringing its Class A holdings to 14,420,128 shares. A second transaction on the same date added 7,500 shares at $18.9715 per share, raising the total to 14,427,628 shares. On November 6, 2026, an additional 7,500 shares were acquired at $18.7375 per share, resulting in a final reported Class A beneficial ownership of 14,435,128 shares held directly.

In addition to its Class A position, the filing reports that Donegal Mutual holds 4,751,974 shares of Class B Common Stock directly, though no transactions in that class were reported. The form was signed by Jeffrey D. Miller, identified as EVP and Chief Financial Officer, and dated November 9, 2026. No derivative securities were reported.

What Was Disclosed

Donegal Mutual Insurance Co, a 10% owner of Donegal Group Inc (NASDAQ:DGICA), disclosed the purchase of 33,000 Class A Common shares across three transactions on November 5 and 6, 2026, at prices ranging from $18.7375 to $18.9715 per share, bringing its direct Class A holdings to 14,435,128 shares.