Donegal Group (DGICA) 10% Owner Buys 19,508 Shares
$DGICA · DONEGAL GROUP INCResearch Summary
AI-generated summary of this SEC filing
Donegal Group (DGICA) 10% Owner Buys 19,508 Shares
What Happened
Donegal Mutual Insurance Co., reported as a 10% owner of Donegal Group Inc. (DGICA), made two open-market purchases: 10,000 shares at $19.00 on 2026-08-25 (reported value $189,981) and 9,508 shares at $19.11 on 2026-08-26 (reported value $181,668), for a combined 19,508 shares and total reported consideration of about $371,649. These were purchases (transaction code P), which are purchases of stock rather than sales.
Key Details
- Transaction dates and prices: 8/25/2026 — 10,000 shares @ $19.00 ($189,981); 8/26/2026 — 9,508 shares @ $19.11 ($181,668).
- Total shares acquired: 19,508; total reported consideration: ~$371,649.
- Filing: Form 4 filed 2026-08-27 (Period of Report 2026-08-25). The filing appears timely and does not indicate lateness.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes were reported in the supplied transaction details.
Context
This activity was by a 10% owner (an institutional holder), not an individual executive—institutional purchases reflect the holder’s investment activity but do not disclose management intent. Purchases are generally more informative than routine sales, but the filing itself does not state the motivation behind the buys.