Jon Marshall Mahan - 05 Nov 2025 Form 4 Insider Report for DONEGAL GROUP INC (DGICA)

Role: Director
Signature: David B. Bawel, by power of attorney
Issuer symbol: DGICA
Transactions as of: 05 Nov 2025
Net transactions value: -$85,810
Form type: 4
Filing time: 05 Nov 2025, 17:52:28 UTC
Previous filing: 03 Jan 2025
Next filing: 02 Jan 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MAHAN JON MARSHALL	Director	1195 RIVER ROAD, P.O. BOX 302, MARIETTA	David B. Bawel, by power of attorney	05 Nov 2025	0001360841

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DGICA	Class A Common Stock	Options Exercise	$64,935	+4,500	+47%	$14.43	13,988	05 Nov 2025	Direct
transaction	DGICA	Class A Common Stock	Sale	$85,810	-4,500	-32%	$19.07	9,488	05 Nov 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DGICA	Options	Options Exercise	$64,935	-4,500	-100%	$14.43	0	05 Nov 2025	Class A Common Stock	4,500	$14.43	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.