STOCK TITAN

[Form 4] MARKEL GROUP INC. Insider Trading Activity

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

Rhea-AI Filing Summary

MARKEL GROUP INC. executive Andrew G. Crowley reported routine share movements related to compensation and retirement plans. He acquired 60.2555 shares of common stock at $1,659.60 per share under the non-qualified component of the MKL 2020 Employee Stock Purchase Plan, and 74.866 shares were disposed of to cover tax obligations at $1,844.00 per share. Following these transactions, he directly holds 2,678.100 shares of common stock and indirectly holds 209.299 shares through a 401(k) plan based on the plan balance as of March 31, 2026. These are not open-market purchases or sales but plan-related adjustments.

Positive

  • None.

Negative

  • None.
Insider Crowley Andrew G.
Role EVP & Pres., Markel Ventures
Type Security Shares Price Value
Tax Withholding Common Stock 74.866 $1,844.00 $138K
Other Common Stock 60.256 $1,659.60 $100K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 2,678.1 shares (Direct, null); Common Stock — 209.299 shares (Indirect, 401(k) Plan)
Footnotes (1)
  1. Shares acquired under the non-qualified component of the MKL 2020 Employee Stock Purchase Plan. The information reported herein is based on the MKL 401(k) plan balance as of March 31, 2026.
ESPP shares acquired 60.2555 shares at $1,659.60 Non-qualified component of MKL 2020 Employee Stock Purchase Plan
Tax-withholding shares 74.866 shares at $1,844.00 Shares delivered to satisfy tax obligations
Direct holdings after transactions 2,678.100 shares Common stock held directly following Form 4 transactions
401(k) plan holdings 209.299 shares MKL 401(k) plan balance as of March 31, 2026
Form 4 regulatory
"Andrew G. Crowley reported routine share movements on this 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.
non-qualified component financial
"Shares acquired under the non-qualified component of the MKL 2020 Employee Stock Purchase Plan."
Employee Stock Purchase Plan financial
"Shares acquired under the non-qualified component of the MKL 2020 Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"74.866 shares were disposed of to cover tax obligations at $1,844.00 per share."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) plan financial
"The information reported herein is based on the MKL 401(k) plan balance as of March 31, 2026."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
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*
Crowley Andrew G.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP & Pres., Markel Ventures
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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 Stock05/15/2026F74.866D$1,8442,678.1D
Common Stock05/15/2026J60.2555(1)A$1,659.62,738.3555D
Common Stock209.299I401(k) Plan(2)
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 under the non-qualified component of the MKL 2020 Employee Stock Purchase Plan.
2. The information reported herein is based on the MKL 401(k) plan balance as of March 31, 2026.
Remarks:
/s/ Karen O. Earls, Attorney-in-fact for Andrew G. Crowley05/19/2026
** 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 transactions did MKL executive Andrew Crowley report on this Form 4?

Andrew Crowley reported plan-related share movements, not open-market trades. He received 60.2555 MKL common shares via the 2020 Employee Stock Purchase Plan and 74.866 shares were used to satisfy tax obligations, leaving him with significant direct and 401(k) plan holdings.

Were there any open-market stock purchases or sales by MKL insider Andrew Crowley?

The reported MKL transactions were not open-market trades. Crowley’s Form 4 shows shares acquired through the 2020 Employee Stock Purchase Plan and shares disposed of for tax withholding, which are mechanistic plan events rather than discretionary market buying or selling.

How many MARKEL GROUP (MKL) shares does Andrew Crowley hold after these transactions?

After the reported transactions, Crowley holds 2,678.100 MKL shares directly and 209.299 shares indirectly through a 401(k) plan balance as of March 31, 2026. These figures reflect his visible equity exposure reported in this Form 4 filing.

What is the significance of the tax-withholding disposition reported by MKL’s Andrew Crowley?

The 74.866-share tax-withholding disposition is a routine event. Shares valued at $1,844.00 each were delivered to cover tax obligations, a common mechanism for equity compensation, and do not represent an open-market sale decision by the executive.

What does MKL’s 2020 Employee Stock Purchase Plan transaction mean for Andrew Crowley?

Crowley acquired 60.2555 MKL shares via the 2020 Employee Stock Purchase Plan at $1,659.60 per share under its non-qualified component. This reflects compensation-related share accumulation rather than a separate cash-funded stock purchase in the open market.