STOCK TITAN

Markel (NYSE: MKL) director acquires stock through employee purchase plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Markel Group Inc. director Harold Lawrence Morrison Jr. acquired 32.9609 shares of common stock in a routine transaction under the MKL 2020 Employee Stock Purchase Plan. The shares were priced at $1,668.65 per share. Following this plan-based acquisition, he directly holds a total of 1,126.9644 Markel common shares.

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Insider Morrison Harold Lawrence Jr.
Role null
Type Security Shares Price Value
Other Common Stock 32.961 $1,668.65 $55K
Holdings After Transaction: Common Stock — 1,126.964 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares acquired 32.9609 shares Common Stock acquired under MKL 2020 Employee Stock Purchase Plan on June 15, 2026
Purchase price $1,668.65 per share Price for ESPP acquisition of Markel common stock
Shares held after 1,126.9644 shares Director’s direct Markel holdings following the transaction
Transaction code J Other acquisition or disposition; used for ESPP transaction
Restructuring shares 32.9609 shares Classified in summary as restructuring-type (code J) activity
MKL 2020 Employee Stock Purchase Plan financial
"Shares acquired pursuant to the MKL 2020 Employee Stock Purchase Plan."
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Other acquisition or disposition financial
"transaction_code_description": "Other acquisition or disposition""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Morrison Harold Lawrence Jr.

(Last)(First)(Middle)
C/O MARKEL GROUP INC.
4521 HIGHWOODS PARKWAY

(Street)
GLEN ALLEN VIRGINIA 23060

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MARKEL GROUP INC. [ MKL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026J(1)32.9609A$1,668.651,126.9644D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares acquired pursuant to the MKL 2020 Employee Stock Purchase Plan.
Remarks:
/s/ Karen O. Earls, Attorney-in-fact for Harold Lawrence Morrison, Jr.06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Markel Group (MKL) report for Harold Lawrence Morrison Jr.?

Markel Group reported that director Harold Lawrence Morrison Jr. acquired 32.9609 common shares. The shares were obtained through the MKL 2020 Employee Stock Purchase Plan, indicating a routine, compensation-related increase in his direct ownership position rather than an open-market trade.

How many Markel (MKL) shares did the director hold after this Form 4 transaction?

After the transaction, the director held 1,126.9644 Markel common shares directly. This total reflects the addition of 32.9609 shares acquired through the MKL 2020 Employee Stock Purchase Plan, as disclosed in the Form 4 filing for the reported date.

What was the price paid per share in the Markel (MKL) employee stock purchase transaction?

The shares were acquired at a price of $1,668.65 per share. This price applies to the 32.9609 Markel common shares purchased under the MKL 2020 Employee Stock Purchase Plan, according to the Form 4 transaction details and accompanying footnote.

What does transaction code J mean in this Markel (MKL) Form 4 filing?

Transaction code J in this filing represents an “other” type of acquisition or disposition. Here, the footnote clarifies it as shares acquired pursuant to the MKL 2020 Employee Stock Purchase Plan, making it a routine, plan-based ownership change rather than a traditional market buy or sell.

Was the Markel (MKL) insider transaction an open-market purchase or sale?

No, it was not an open-market purchase or sale. The Form 4 shows a code J “other” transaction, with a footnote stating the shares were acquired under the MKL 2020 Employee Stock Purchase Plan, indicating a plan-based acquisition instead of a discretionary market trade.