DONEGAL MUTUAL INSURANCE CO 4

What Happened
Donegal Mutual Insurance Co, reported as a 10% owner of Donegal Group Inc (DGICA), acquired a total of 17,000 shares across two purchases. The filing shows 8,500 shares purchased on 2026-05-11 at $17.18 each (≈ $146,027) and 8,500 shares purchased on 2026-05-12 at $16.98 each (≈ $144,288), for combined consideration of roughly $290,315. These are reported as purchase transactions (code P), i.e., buys rather than sales.

Key Details

• Transaction dates and prices:
  • 2026-05-11: 8,500 shares @ $17.18 = $146,027
  • 2026-05-12: 8,500 shares @ $16.98 = $144,288
• Total shares purchased: 17,000; approximate total value: $290,315
• Shares owned after transaction: Not specified in the provided filing summary
• Transaction type: Reported as open-market or private purchase (code P)
• Filing timeliness: No late-filing flag indicated in the provided data

Context
This filing reflects institutional buying by a 10% owner (Donegal Mutual Insurance Co), which is different from insider trades by executives or directors. Purchases can be viewed as more informative than routine sales, but the filing does not state reasons for the buys. No options, awards, gifts, or tax-withholding events are involved in these reported transactions.