Donegal Group Inc.

06/18/2026 | Press release | Distributed by Public on 06/18/2026 13:15

Annual Report of Employee Stock Purchase/Savings Plan (Form 11-K)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K
☒
ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 2025
TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from to
Commission file no.: 333-93785
A.
Full title of the plan and the address of the plan, if different from that of the issuer named below:
Donegal Mutual Insurance Company 401(k) Plan
1195 River Road
Marietta, Pennsylvania 17547
B.
Name of issuer of the securities held pursuant to the plan and the address of its principal executive office:
Donegal Group Inc.
1195 River Road
Marietta, Pennsylvania 17547
DONEGAL MUTUAL INSURANCE
COMPANY 401(k) PLAN
FINANCIAL STATEMENTS WITH
SUPPLEMENTAL SCHEDULE
YEARS ENDED DECEMBER 31, 2025 AND 2024
AND
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
TABLE OF CONTENTS
Page
Report of Independent Registered Public Accounting Firm
1
Financial Statements
Statements of Net Assets Available for Benefits
3
Statements of Changes in Net Assets Available for Benefits
4
Notes to Financial Statements
5
Supplemental Schedule
Schedule H - Line 4(i) - Schedule of Assets (Held at End of Year)
15
Signatures
17
Exhibit 23.1
Table of Contents
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
Plan Administrator and Participants
Donegal Mutual Insurance Company 401(k) Plan
Marietta, Pennsylvania
Opinion on the Financial Statements
We have audited the accompanying statements of net assets available for benefits of the Donegal Mutual Insurance Company 401(k) Plan (the "Plan") as of December 31, 2025 and 2024, the related statements of changes in net assets available for benefits for the years then ended, and the related notes (collectively, the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the net assets available for benefits of the Plan as of December 31, 2025 and 2024, and the changes in net assets available for benefits for the years then ended, in conformity with accounting principles generally accepted in the United States of America.
Basis for Opinion
These financial statements are the responsibility of the Plan's management. Our responsibility is to express an opinion on the Plan's financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) ("PCAOB") and are required to be independent with respect to the Plan in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.
We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Plan is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Plan's internal control over financial reporting. Accordingly, we express no such opinion.
Our audits included performing procedures to assess the risk of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by the Plan's management, as well as evaluating the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.
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Supplemental Information
The supplemental information in the accompanying Schedule of Assets (Held at End of Year) as of December 31, 2025 has been subjected to audit procedures performed in conjunction with the audit of the Plan's financial statements. The supplemental information is presented for the purpose of additional analysis and is not a required part of the financial statements but included supplemental information required by the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. The supplemental information is the responsibility of the Plan's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with the Department of Labor's Rules and Regulations for Reporting and Disclosure under the Employee Retirement Income Security Act of 1974. In our opinion, the supplemental information is fairly stated, in all material respects, in relation to the financial statements as a whole.
/s/ BDO USA, P.C.
We have served as the Plan's auditor since 2013.
Philadelphia, Pennsylvania
June 18, 2026
2
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
STATEMENTS OF NET ASSETS AVAILABLE FOR BENEFITS
DECEMBER 31, 2025 AND 2024
2025 2024
Assets
Investments
Common/collective trust funds
$ 19,831,490 $ 18,715,611
Registered investment companies
185,024,573 170,278,611
Employer securities
10,339,993 9,207,307
Net Assets Available for Benefits
$ 215,196,056 $ 198,201,529
The accompanying notes are an integral
part of these financial statements.
3
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
STATEMENTS OF CHANGES IN NET ASSETS AVAILABLE FOR BENEFITS
YEARS ENDED DECEMBER 31, 2025 AND 2024
2025 2024
Investment Income
Dividends and Interest
$ 4,280,151 $ 3,870,278
Net Appreciation in Fair Value of Investments
25,119,964 21,686,421
29,400,115 25,556,699
Contributions
Employer
4,261,641 4,017,586
Participants
8,333,538 7,823,215
Rollover
1,410,660 1,040,913
14,005,839 12,881,714
Total Additions
43,405,954 38,438,413
Benefits Paid to Participants
(26,405,051 ) (13,247,733 )
Administrative Expenses
(6,376 ) (5,544 )
Total Deductions
(26,411,427 ) (13,253,277 )
Net Increase
16,994,527 25,185,136
Net Assets Available for Benefits
Beginning of Year
198,201,529 173,016,393
End of Year
$ 215,196,056 $ 198,201,529
The accompanying notes are an integral
part of these financial statements.
4
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
1.
DESCRIPTION OF PLAN
The following description of the Donegal Mutual Insurance Company 401(k) Plan (the "Plan") provides only general information. Participants should refer to the Plan Document for a more complete description of the Plan's provisions.
General
The Plan is a defined contribution 401(k) plan, which became effective January 1, 1998. All employees of Donegal Mutual Insurance Company ("the Company") regularly scheduled to work in excess of 1,000 hours per year are eligible to participate as of the first payroll after 30 days of service after their employment with the Company commences. Part time and temporary employees are eligible to participate as of the first payroll after they work 1,000 hours in a year. Additionally, part time and temporary employees are eligible as of the first payroll after they work at least 500 hours in two consecutive years. The Plan is subject to the provisions of the Employee Retirement Income Security Act of 1974 ("ERISA").
Contributions
Participants may contribute between 1% and 99% of their annual compensation up to the maximum limit established by the Internal Revenue Code ("IRC"). Contributions made to each participant's account will be invested, based on the individual's direction, in various investment options. The Plan also accepts Roth and voluntary after-tax contributions. The Company will contribute, on behalf of each participant, a sum equal to 100% of the first 3% of pre-tax or Roth participant deferrals and 50% of the next 6% of participant deferrals. Participants may also contribute qualified rollover balances from their prior plans.
Newly hired employees are automatically enrolled into the Plan at 3% of eligible compensation. Employee deferrals will automatically be increased by 1% at the beginning of each successive year until the deferred percentage reaches 9%. Employees not selecting an investment option for their deferrals have their contributions invested in one of the Vanguard Target Retirement Date Series, based on the year in which the employee attains age 65. Employees have the option to opt out of participation or change their elective deferral at any time following their eligibility date.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
1. DESCRIPTION OF PLAN (Cont'd)
Participant Accounts
Each participant's account is credited with the participant's contributions and Company matching contributions, as well as allocations of the Plan earnings and losses.
Participant accounts are charged with an allocation of administrative expenses that are paid by the Plan. Allocations are based on participant earnings, deferrals or account balances, as defined. The benefit to which a participant is entitled is the benefit that can be provided from the participant's vested account.
Participant Loans
The Plan does not currently allow participant loans.
Vesting
Participants are immediately vested in their salary deferral, Roth deferral, catch-up contributions, rollover contributions, voluntary after-tax contributions, and all amounts that transferred into the Plan from certain predecessor company-sponsored defined contribution plans and earnings theron. Vesting of Company contributions and earnings thereon is based on years of service. A participant is 100% vested after 2 years of credited service.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
1. DESCRIPTION OF PLAN (Cont'd)
Payment of Benefits
The normal retirement date is the first of the month following attainment of age 65. Early retirement is possible at age 55. Benefits are paid in the form of a lump-sum distribution or annuity. Upon termination of service for other reasons, participants generally will receive a lump-sum distribution if the total of their vested balance does not exceed $1,000. If the vested balance exceeds $1,000, but is less than $7,000, the participant may elect to receive a lump-sum distribution, however, if no election is made and the participant is under the age of 62, the Plan Committee will pay the distribution in a direct rollover to an individual retirement account designated by the Plan Committee. If the vested balance exceeds $7,000, the assets will generally be held in the Plan until the participant's normal or early retirement date. However, participants are entitled to receive the entire balance in their employee account and employer account (if vested) as a lump-sum distribution, as soon as administratively possible. There is a provision available to allow hardship withdrawals and certain other in-service withdrawals of benefits prior to termination of employment as defined in the Plan and in compliance with the IRC. Under the Secure 2.0 provisions, effective November 1, 2024, the Plan permits in-service withdrawals for Qualified Disaster Recovery Distributions and withdrawals to victims of domestic abuse, as well as permit recontribution of in-service withdrawals related to a home purchase.
Forfeitures
Forfeitures arising from participants who are less than 100% vested will be used to restore any accounts of participants reemployed during the Plan year or to reduce Company contributions per guidelines established by the Plan. Forfeitures used to reduce Company contributions totaled $33,673 in 2025 and $114,582 in 2024. As of December 31, 2025 and 2024, there were $4,670 and $351 of unallocated forfeitures, respectively.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
2.
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting
The financial statements are prepared under the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP").
Use of Estimates
The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of changes in net assets available for benefits during the reporting period. The most significant estimate is the determination of the fair values of the Plan's investments. Actual results could differ from those estimates.
Investment Valuation and Income Recognition
Investments are valued at fair value. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. See Notes 3 and 4 for a discussion of fair value measurements.
Purchases and sales of securities are recorded on a trade-date basis. Interest income is recorded on an accrual basis. Dividends are recorded on the ex-dividend date. Net appreciation (depreciation) in fair value of investments includes the Plan's realized gains and losses on investments bought and sold as well as net unrealized gains and losses on those held during the year.

Net investment returns reflect certain fees paid by the investment funds to their affiliated investment advisors, transfer agents, and others as further described in each fund prospectus or other published documents. These fees are deducted by the investment funds prior to allocation of the Plan's investment earnings activity and thus are not separately identifiable as an expense.
8
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Cont'd)
Contributions
Contributions from eligible participants and matching Company contributions are recorded in the period the related payroll deductions are made.
Payment of Benefits
Benefits are recorded when paid.
Expenses
Certain expenses of maintaining the Plan are paid by the Plan, unless otherwise paid by the Company. Expenses that are paid by the Company are excluded from these financial statements. Fees related to the administration of benefit payments to participants are charged directly to the participant's account and are included in administrative expenses. Investment related expenses are included in net appreciation (depreciation) in fair value of investments.
3.
COMMON/COLLECTIVE TRUST FUNDS
The Plan invests in three common/collective trust funds, the Galliard Stable Return Fund M Shares, Putnam Large Cap Value Trust and Columbia Trust Contrarian Core. The common/collective trust funds are valued at the net asset value ("NAV") per unit, as determined by the trustee at year-end. The NAV is used as the practical expedient to estimate fair value. The value is based upon the units of the collective trust fund held by the Plan at year end multiplied by the respective unit value. The unit value is based on the fair value of the underlying investments.
The funds' investment objectives are to seek safety of principal and consistency of returns while attempting to maintain minimal volatility. To achieve its investment objectives, the funds' shares are primarily comprised of investment contracts including Guaranteed Investment Contracts (GICs), Separate Account GICs, and Security Backed Investment Contracts. GICs are issued by insurance companies which guarantee the return of principal and a stated rate of interest.
The Plan's investments in the common/collective trust funds are not subject to any withdrawal restrictions and distributions may be taken at any time. The Plan has no unfunded commitments relating to the common/collective trust funds at December 31, 2025 and 2024.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
4.
FAIR VALUE MEASUREMENTS
The Plan accounts for financial assets and liabilities using a framework that establishes a hierarchy that ranks the quality of inputs, or assumptions, used in the determination of fair value, and the Plan classifies financial assets and liabilities carried at fair value in one of the following three categories of inputs:
Level 1 - quoted prices in active markets for identical assets and liabilities;
Level 2 - directly or indirectly observable inputs other than Level 1 quoted prices;
Level 3 - unobservable inputs not corroborated by market data.
The fair value measurement level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.
Following is a description of the valuation methodologies used for investments measured at fair value. There have been no significant changes in the methodologies used or transfers between levels during the years ended December 31, 2025 or 2024.
The Plan values employer securities and registered investment companies based on the closing price reported on the active markets on which the individual securities/funds are traded and are classified as Level 1. The Plan had no investments classified as Level 2 or 3 during the years ended December 31, 2025 and 2024.
The preceding methods described may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, although the Plan believes the valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
4.
FAIR VALUE MEASUREMENTS (Cont'd)
The Plan evaluates assets and liabilities (if any) on a recurring basis to determine the appropriate level at which to classify them for each reporting period.
The following table presents the fair value measurements for the Plan's investments by level, within the fair value hierarchy as of December 31:

Fair Value Measurements Using
Total Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

2025
Registered Investment Companies
$ 185,024,573 $ 185,024,573
Employer Securities
10,339,993 10,339,993
Total investments at fair value
195,364,566 195,364,566
Common/Collective Trust Funds measured at net asset value*
19,831,490 -
Total investments
$ 215,196,056 $ 195,364,566

Fair Value Measurements Using
Total Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

2024
Registered Investment Companies
$ 170,278,611 $ 170,278,611
Employer Securities
9,207,307 9,207,307
Total investments at fair value
179,485,918 179,485,918
Common/Collective Trust Funds measured at net asset value*
18,715,611 -
Total investments
$ 198,201,529 $ 179,485,918
*Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the Statement of Net Assets Available for Benefits.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
5.
TAX STATUS
Effective January 1, 2021, the Plan adopted the Transamerica Retirement Solutions, LLC ("Transamerica") Pre-approved 401(k) Profit Sharing Plan. The Internal Revenue Service ("IRS") ruled on June 30, 2020 that the Plan qualifies under Section 401(a) of the Internal Revenue Code ("IRC") under the pre-approved program and the related trust is, therefore, not subject to tax under the present income tax law. The Plan is required to operate in conformity with the IRC to maintain its qualification. The Plan administrator believes that the Plan is designed and is currently being operated, including the adoption of amendments, in compliance with the applicable requirements of the IRC.
U.S. GAAP requires Plan management to evaluate tax positions taken by the Plan and recognize a tax liability if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS. The Plan administrator has analyzed the tax positions taken by the Plan and has concluded that as of December 31, 2025, there are no uncertain positions taken, or expected to be taken, that would require recognition of a liability or disclosure in the financial statements. The Plan is subject to routine audits by taxing jurisdictions. There are currently no audits in progress for any tax periods.
6.
RELATED PARTY AND PARTY-IN-INTEREST TRANSACTIONS
Donegal Group Inc. is a regional insurance holding company that was formed by the Company in 1986. The Plan held 471,167 shares of Class A and 52,350 shares of Class B Donegal Group Inc. common stock with fair values of $9,413,915 and $926,078, respectively, as of December 31, 2025. The Plan held 547,422 shares of Class A and 52,352 shares of Class B Donegal Group Inc. common stock with fair values of $8,468,617 and $738,690, respectively, as of December 31, 2024. The net realized/unrealized appreciation (depreciation) in fair value of Donegal Group Inc. common stock (including Class A and Class B) during 2025 and 2024 was $2,663,778 and $859,360, respectively. Dividends received from Donegal Group Inc. in 2025 and 2024 were $415,559 and $406,084, respectively.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
NOTES TO THE FINANCIAL STATEMENTS
7.
ADMINISTRATION OF PLAN ASSETS
The Plan's assets are administered under a contract with Transamerica since June 1, 2017. Transamerica invests funds received from contributions, investment sales, interest, and dividend income and makes distribution payments to participants.
Certain administrative functions are performed by officers or employees of the Plan's sponsor. No such officer or employee receives compensation from the Plan.
8.
PLAN TERMINATION
Although it has not expressed an intention to do so, the Company has the right under the Plan to discontinue its contributions at any time and to terminate the Plan subject to the provisions of ERISA. In the event of Plan termination, participants will become 100% vested in their accounts.
9.
RISKS AND UNCERTAINTIES
The Plan invests in various investment securities. Investment securities are exposed to various risks, such as interest rate, market, and credit risks. Due to the level of risk associated with certain investment securities, it is at least reasonably possible that changes in the values of investment securities will occur in the near term and that such changes could materially affect participants' account balances and the amounts reported in the statements of net assets available for benefits.
10.
SUBSEQUENT EVENTS
The Plan's management has evaluated subsequent events through June 18, 2026, the date the financial statements were issued.
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SUPPLEMENTAL SCHEDULE
14
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Schedule H - Financial Information (Form 5500)
Schedule H - Line 4(i) - Schedule of Assets (Held at End of Year)
Name of Plan Sponsor: Donegal Mutual Insurance Company
Name of Plan: Donegal Mutual Insurance Company 401(k) Plan
Employer Identification Number: 23-1336198
Three Digit Plan Number: 003
December 31, 2025
(b) (c) (d) (e)
(a) Identity of issue, borrower, lessor, or similar party Description of investment including
maturity date, rate of interest, collateral,
par of maturity value*** 		Current
Value

Putnam Large Cap Value Trust CL-I
459,519
Common/Collective Trust
**
$ 12,039,410
Columbia Trust Contrarian Core 1
174,116
Common/Collective Trust
**
6,337,830
Galliard Stable Return C
22,952
Common/Collective Trust
**
1,454,250
Total common/collective trust funds
$ 19,831,490
T. Rowe Price Capital Appreciation Fund
172,666
Registered Investment Company
**
$ 6,169,354
American Funds New Perspective Fund R6
96,993
Registered Investment Company
**
6,854,502
T. Rowe Price Small Cap Stock Fund
139,437
Registered Investment Company
**
7,953,484
Vanguard Institutional Target Retirement 2020
70,948
Registered Investment Company
**
1,947,523
Vanguard Institutional Target Retirement 2025
100,637
Registered Investment Company
**
2,007,706
Vanguard Institutional Target Retirement 2030
370,256
Registered Investment Company
**
15,672,918
Vanguard Institutional Target Retirement 2035
192,157
Registered Investment Company
**
5,261,265
Vanguard Institutional Target Retirement 2040
470,354
Registered Investment Company
**
23,494,206
Vanguard Institutional Target Retirement 2045
165,327
Registered Investment Company
**
5,743,459
Vanguard Institutional Target Retirement 2050
75,345
Registered Investment Company
**
4,466,477
Vanguard Institutional Target Retirement 2055
66,634
Registered Investment Company
**
4,342,328
Vanguard Institutional Target Retirement 2060
45,107
Registered Investment Company
**
2,750,604
Vanguard Institutional Target Retirement 2065
36,951
Registered Investment Company
**
1,479,141
Vanguard Institutional Target Retirement 2070
5,758
Registered Investment Company
**
183,216
Vanguard Institutional Target Retirement
1,065,390
Registered Investment Company
**
14,776,966
MFS International Diversification R6
194,605
Registered Investment Company
**
5,406,123
Fidelity Advisor Equity Growth Z
769,937
Registered Investment Company
**
20,872,990
Fidelity 500 Index Instl Prem
97,511
Registered Investment Company
**
23,180,204
Fidelity US Bond Index
276,337
Registered Investment Company
**
2,918,120
Thornburg Strategic Inc R6
148,395
Registered Investment Company
**
1,727,321
Baron Asset Fund R6
36,902
Registered Investment Company
**
3,542,235
T. Rowe Price Mid Cap Value Fund
210,502
Registered Investment Company
**
6,750,787
Dodge & Cox Inc X
441,184
Registered Investment Company
**
5,673,622
Vanguard Federal Money Market Fund Investor
7,389,998
Registered Investment Company
**
7,394,969
Neuberger & Berman Genesis R6
82,900
Registered Investment Company
**
4,455,053
*
Total registered investment companies
$ 185,024,573
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Schedule H - Financial Information (Form 5500)
Schedule H - Line 4(i) - Schedule of Assets (Held at End of Year)
Name of Plan Sponsor: Donegal Mutual Insurance Company
Name of Plan: Donegal Mutual Insurance Company 401(k) Plan
Employer Identification Number: 23-1336198
Three Digit Plan Number: 003
December 31, 2025
(b) (c) (d) (e)
(a) Identity of issue, borrower, lessor, or similar party Description of investment including
maturity date, rate of interest, collateral,
par of maturity value***
Current
Value
*
Donegal Group Inc.
471,167
Shares of Class A Common Stock
**
$ 9,413,915
*
Donegal Group Inc.
52,350
Shares of Class B Common Stock
**
926,078
Total employer securities
$ 10,339,993
Total assets
$ 215,196,056
* Party-in-interest
** Historical cost information is not required to be disclosed for participant-directed investments.
***There is no maturity date, rate of interest, collateral, par or maturity value for the investments in the Plan.
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
SIGNATURES
The Plan. Pursuant to the requirements of the Securities Exchange Act of 1934, the trustees (or other persons who administer the employee benefit plan) have duly caused this annual report to be signed on its behalf by the undersigned hereunto duly authorized.
DONEGAL MUTUAL INSURANCE
COMPANY 401(k) PLAN
Date: June 18, 2026
By:
/s/ Kevin G. Burke
Kevin G. Burke, Trustee
By:
/s/ Jeffrey D. Miller
Jeffrey D. Miller, Trustee
By:
/s/ David B. Bawel
David B. Bawel, Trustee
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DONEGAL MUTUAL INSURANCE COMPANY
401(k) PLAN
EXHIBIT INDEX
Exhibit Number Description
23.1 Consent of BDO USA, P.C. (filed herewith)
18
Donegal Group Inc. published this content on June 18, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 18, 2026 at 19:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]