Markel EVP acquires shares via employee plans

MARKEL GROUP INC. executive Andrew G. Crowley reported small, routine equity acquisitions tied to employee benefit plans.

Rhea-AI Filing Summary

MARKEL GROUP INC. executive Andrew G. Crowley reported small, routine equity acquisitions tied to employee benefit plans. On March 31, 2026, he acquired 9.2196 shares of common stock at $1,626.96 per share under the qualified component of the MKL 2020 Employee Stock Purchase Plan, in a transaction exempt under Exchange Act Rule 16b-3(c). Following this, he held 2,752.966 shares directly. Separately, his indirect holdings through the MKL 401(k) plan totaled 205.252 shares as of March 31, 2026, including 4.047 shares acquired in the plan between December 31, 2025 and March 31, 2026.

Insider Trade Summary

Other: 9.2196 shares

Other 2 txns

Insider Crowley Andrew G.

Role EVP & Pres., Markel Ventures

Type	Security	Shares	Price	Value
Other	Common Stock	9.2196	$1,626.96	$15K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 2,752.966 shares (Direct); Common Stock — 205.252 shares (Indirect, 401(k) Plan)

Footnotes (2)

1. F1. Shares acquired under the qualified component of the MKL 2020 Employee Stock Purchase Plan in a transaction exempt under Exchange Act Rule 16b-3(c).
2. F2. Between December 31, 2025 and March 31, 2026, the reporting person acquired 4.047 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of March 31, 2026.

Key Figures

ESPP shares acquired: 9.2196 shares ESPP purchase price: $1,626.96 per share Direct holdings after transaction: 2,752.966 shares +2 more

5 metrics

ESPP shares acquired 9.2196 shares Common stock acquired March 31, 2026 under MKL 2020 Employee Stock Purchase Plan

ESPP purchase price $1,626.96 per share Price for 9.2196 shares acquired March 31, 2026

Direct holdings after transaction 2,752.966 shares Direct Markel common stock held following March 31, 2026 acquisition

Indirect 401(k) holdings 205.252 shares Shares held in MKL 401(k) plan as of March 31, 2026

401(k) shares acquired in period 4.047 shares Acquired between December 31, 2025 and March 31, 2026 under MKL 401(k) plan

Key Terms

MKL 2020 Employee Stock Purchase Plan, Exchange Act Rule 16b-3(c), MKL 401(k) plan

3 terms

MKL 2020 Employee Stock Purchase Plan financial

"Shares acquired under the qualified component of the MKL 2020 Employee Stock Purchase Plan"

Exchange Act Rule 16b-3(c) regulatory

"in a transaction exempt under Exchange Act Rule 16b-3(c)"

MKL 401(k) plan financial

"the reporting person acquired 4.047 shares under the MKL 401(k) plan"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Andrew G. Crowley report for MARKEL GROUP INC. (MKL)?

Andrew G. Crowley reported a small acquisition of MARKEL GROUP INC. common stock. He obtained 9.2196 shares at $1,626.96 per share through the MKL 2020 Employee Stock Purchase Plan, a routine benefit-related transaction exempt under Exchange Act Rule 16b-3(c).

How many MARKEL GROUP INC. (MKL) shares does Andrew G. Crowley hold directly after this filing?

After the reported transaction, Andrew G. Crowley directly holds 2,752.966 shares of MARKEL GROUP INC. common stock. This reflects his position following the 9.2196-share acquisition under the company’s 2020 Employee Stock Purchase Plan on March 31, 2026.

What price was paid per share in Andrew G. Crowley’s MKL employee stock purchase?

The reported employee stock purchase for MARKEL GROUP INC. was priced at $1,626.96 per share. Crowley acquired 9.2196 shares at this price through the qualified component of the MKL 2020 Employee Stock Purchase Plan on March 31, 2026.

What does the Form 4 say about Andrew G. Crowley’s MKL 401(k) plan holdings?

The Form 4 notes that Andrew G. Crowley indirectly holds 205.252 MARKEL GROUP INC. shares in the MKL 401(k) plan. Between December 31, 2025 and March 31, 2026, he acquired 4.047 of these shares through the plan, based on the March 31, 2026 balance.

Is Andrew G. Crowley’s recent MKL stock activity a market purchase or a plan-related acquisition?

Crowley’s recent MKL stock activity is plan-related, not an open-market trade. The 9.2196 shares were acquired under the MKL 2020 Employee Stock Purchase Plan, and additional 401(k) shares accrued through the company retirement plan over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/15/2026 - 04:33 PM EDT Learn about SEC filing dates

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

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Pres., Markel Ventures

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/31/2026		J	V	9.2196(1)	A	$1,626.96	2,752.966	D
Common Stock								205.252	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. Shares acquired under the qualified component of the MKL 2020 Employee Stock Purchase Plan in a transaction exempt under Exchange Act Rule 16b-3(c).

2. Between December 31, 2025 and March 31, 2026, the reporting person acquired 4.047 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of March 31, 2026.

Remarks:

	/s/ Karen O. Earls, Attorney-in-fact for Andrew G. Crowley	04/15/2026
	** Signature of Reporting Person	Date
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)