Markel Group (NYSE: MKL) awards 800.508 RSUs to senior legal officer

Rhea-AI Filing Summary

Grinnan Richard Randolph reported acquisition or exercise transactions in this Form 4 filing.

Markel Group Inc. senior vice president and chief legal officer Richard Randolph Grinnan received a grant of 800.508 shares of common stock on February 24, 2026, reported as a stock award with no cash price per share.

The award consists of restricted stock units under the MKL 2024 Equity Incentive Compensation Plan. According to the footnotes, 669.277 RSUs are scheduled to vest on December 31, 2028, and 131.231 RSUs are scheduled to vest on February 24, 2029, subject to conditions. After this grant, Grinnan directly holds 4,263.4279 common shares and indirectly holds 117.099 shares through the MKL 401(k) plan, based on the plan balance as of December 31, 2025.

SEC Form 4

FORM 4

UNITED 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

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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^*

Grinnan Richard Randolph

(Last) (First) (Middle)

C/O MARKEL GROUP INC.

4521 HIGHWOODS PARKWAY

(Street)

GLEN ALLEN VA 23060

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MARKEL GROUP INC. [ MKL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Chief Legal Officer & Sec

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		A		800.508(1)	A	$0	4,263.4279	D
Common Stock								117.099	I	401(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units (RSUs) awarded pursuant to the MKL 2024 Equity Incentive Compensation Plan. Subject to certain conditions, 669.277 RSUs will vest on December 31, 2028, and 131.231 RSUs will vest on February 24, 2029.

2. The information reported herein is based on the MKL 401(k) plan balance as of December 31, 2025.

Remarks:

	/s/ Karen O. Earls, Attorney-in-fact for Richard Randolph Grinnan	02/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did MKL executive Richard Randolph Grinnan report in this Form 4?

Richard Randolph Grinnan reported receiving a stock award of 800.508 shares of Markel Group common stock on February 24, 2026. The grant is a restricted stock unit award under the MKL 2024 Equity Incentive Compensation Plan, with vesting spread over future dates.

How many Markel (MKL) shares does Richard Randolph Grinnan own after this transaction?

Following this award, Richard Randolph Grinnan holds 4,263.4279 Markel common shares directly. He also has an indirect holding of 117.099 shares through the MKL 401(k) plan, based on the plan balance as of December 31, 2025.

How are the new Markel (MKL) restricted stock units scheduled to vest?

The filing states that 669.277 restricted stock units are scheduled to vest on December 31, 2028. An additional 131.231 restricted stock units are scheduled to vest on February 24, 2029, with both tranches subject to certain conditions under the equity plan.

Was cash paid for the Markel (MKL) shares reported in this Form 4?

No cash was paid for these shares. The 800.508-share award is reported with a price per share of $0.0000, reflecting a grant or award acquisition of restricted stock units rather than an open-market purchase transaction.

What does the Form 4 say about Richard Randolph Grinnan’s 401(k) holdings in Markel (MKL)?

The Form 4 notes that Grinnan indirectly holds 117.099 Markel shares through the MKL 401(k) plan. A footnote clarifies that this information is based on the plan balance as of December 31, 2025, providing context for the indirect ownership figure.

What type of insider transaction is reported for Markel (MKL) in this filing?

The primary transaction is classified as a grant, award, or other acquisition of common stock, coded as an “A” transaction. It reflects an equity compensation grant of 800.508 restricted stock units to a senior executive, not a market purchase or sale.