BlackRock, Inc. filed an amended beneficial ownership statement with the SEC on October 27, 2026, disclosing a 4.9% interest in Donegal Group Inc.'s Class A Stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: BlackRock reported holding 1,538,107 shares of Donegal Group Inc. Class A Stock (CUSIP 257701201).
  • Percent of class: The reported position represents 4.9% of the outstanding Class A shares, qualifying the filing under the "ownership of 5 percent or less of a class" provision.
  • Sole voting power: BlackRock disclosed sole voting power over 1,491,268 shares, with shared voting power of zero.
  • Sole dispositive power: BlackRock disclosed sole dispositive power over all 1,538,107 shares, with shared dispositive power of zero.
  • Reporting entity: BlackRock, Inc., organized in Delaware and headquartered at 50 Hudson Yards, New York, NY 10001, is classified as a parent holding company (type HC) in the filing.
  • Event date: The date of the event requiring the filing is stated as September 30, 2026.
  • Signing officer: Spencer Fleming, Managing Director, signed the statement on October 27, 2026.

BlackRock's Amended Position in Donegal Group Class A Stock

According to the filing, BlackRock, Inc. submitted Amendment No. 1 to its Schedule 13G to update its beneficial ownership position in Donegal Group Inc., a property and casualty insurance holding company headquartered at 1195 River Road, Marietta, PA 17547. The triggering event for the amendment is reported as September 30, 2026. The filing was signed and dated October 27, 2026 by Spencer Fleming in his capacity as Managing Director of BlackRock, Inc.

The filing states that the reported shares reflect securities beneficially owned, or deemed to be beneficially owned, by certain business units of BlackRock, Inc. and its subsidiaries and affiliates, described collectively as the "Reporting Business Units." The filing further notes, consistent with SEC Release No. 34-39538, that it does not include securities beneficially owned by other business units whose beneficial ownership is disaggregated from those of the Reporting Business Units. The identity and classification of the relevant subsidiary through which the position is held is stated to be set out in Exhibit 99 attached to the filing.

On the question of third-party interests, the filing discloses that "various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of DONEGAL GROUP INC," and adds that no single person's interest in that common stock exceeds five percent of total outstanding common shares. BlackRock certified that the securities were acquired and are held in the ordinary course of business and were not acquired or held for the purpose of changing or influencing control of Donegal Group Inc.

What Was Disclosed

BlackRock, Inc. amended its beneficial ownership report for Donegal Group Inc. Class A Stock, reporting 1,538,107 shares representing 4.9% of the class, with sole voting power over 1,491,268 shares and sole dispositive power over the full position, as of September 30, 2026.