DONEGAL MUTUAL INSURANCE CO 4

What Happened
Donegal Mutual Insurance Co., listed as a >10% owner of Donegal Group Inc. (DGICA), made two open-market purchases: 8,500 shares on 2026-05-21 at $17.48 ($148,572) and 8,500 shares on 2026-05-22 at $17.40 ($147,938), for a combined 17,000 shares and total cash outlay of about $296,510. These transactions are purchases (transaction code P), i.e., buying activity rather than sales.

Key Details

• Transaction dates and prices: 2026-05-21 — 8,500 shares @ $17.48 ($148,572); 2026-05-22 — 8,500 shares @ $17.40 ($147,938).
• Total shares purchased: 17,000; total value ≈ $296,510.
• Filing: Form 4 filed 2026-05-26 for trades on 2026-05-21 and 2026-05-22 — this appears later than the standard 2-business-day Form 4 deadline.
• Shares owned after transaction: not specified in the provided filing summary.
• Transaction type: P = purchase (open-market or private purchase).
• Footnotes / plans: no 10b5-1 plan or other footnotes were noted in the information provided.

Context
As a 10% owner, Donegal Mutual is an institutional/major shareholder rather than an individual executive; institutional purchases can indicate increased interest but do not by themselves prove company prospects. These were straightforward buy transactions (no option exercises, awards, gifts, or immediate sales were reported).