Markel Group (MKL) director awarded 89 restricted shares under 2024 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Housel Morgan E. reported acquisition or exercise transactions in this Form 4 filing.
MARKEL GROUP INC. director Morgan E. Housel received a grant of 89 shares of restricted common stock at no cost as equity compensation. After this award, he directly holds 963.05 shares. The restricted stock was granted under the MKL 2024 Equity Incentive Compensation Plan and will vest on May 20, 2027, subject to certain conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Housel Morgan E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 89 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 963.05 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 89 shares
Post-transaction holdings: 963.05 shares
Grant price: $0.0000 per share
+1 more
4 metrics
Restricted stock grant
89 shares
Restricted common stock awarded to director on May 20, 2026
Post-transaction holdings
963.05 shares
Total common shares directly held after grant
Grant price
$0.0000 per share
Equity award received at no cash cost
Vesting date
May 20, 2027
Restricted stock vests subject to certain conditions
Key Terms
Restricted stock, MKL 2024 Equity Incentive Compensation Plan, vesting, Form 4
4 terms
Restricted stock financial
"Restricted stock granted pursuant to the MKL 2024 Equity Incentive Compensation Plan."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
MKL 2024 Equity Incentive Compensation Plan financial
"Restricted stock granted pursuant to the MKL 2024 Equity Incentive Compensation Plan."
vesting financial
"Shares will vest, subject to certain conditions, May 20, 2027."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.
FAQ
What insider transaction did MKL director Morgan E. Housel report?
Director Morgan E. Housel reported receiving 89 shares of restricted common stock as an equity award. The shares were granted at no cash cost and increase his direct holdings to 963.05 shares following the transaction.
Was the MKL insider transaction a purchase or a grant?
The MKL insider transaction was a grant of restricted stock, not an open-market purchase. Housel received 89 shares at a price of $0.0000 per share as part of the company’s 2024 Equity Incentive Compensation Plan.
What plan governed the restricted stock grant to the MKL director?
The restricted stock grant was made under the MKL 2024 Equity Incentive Compensation Plan. This plan provides equity-based awards, such as restricted stock, to align directors’ and employees’ interests with long-term company performance.