DONEGAL MUTUAL INSURANCE CO 4

What Happened Donegal Mutual Insurance Co., identified as a 10% owner of Donegal Group Inc. (DGICA), made two open-market purchases (code P) totaling 17,000 shares. On 2026-05-29 it acquired 8,500 shares at $17.10 for $145,353, and on 2026-06-01 it acquired 8,500 shares at $16.76 for $142,453 — a combined outlay of $287,806. These were purchases (buying stock), which investors often view as a more informative — and potentially bullish — signal than routine sales.

Key Details

• Transaction dates and prices: 2026-05-29 — 8,500 shares @ $17.10 ($145,353); 2026-06-01 — 8,500 shares @ $16.76 ($142,453).
• Total acquired: 17,000 shares for $287,806.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Transaction type/code: Open-market purchase (P).
• Filing date/accession: Form filed 2026-06-02 (no indication in the filing excerpt that this was a late report).

Context

• Donegal Mutual is a 10% owner (an institutional holder), not an individual executive; institutional purchases reflect the holder’s investment decision but are not direct executive insider trading.
• These were outright purchases — no options, gifts, or tax-withholding mechanics involved.