Markel (MKL) Insider Filing: Sale by CAO, Trust and Family Holdings Disclosed

Rhea-AI Filing Summary

Meade P. Grandis, Chief Accounting Officer and Controller of Markel Group Inc. (MKL), reported a sale on 08/25/2025 of 75 shares of Markel common stock for $1,983.78 as shown on this Form 4. The filing lists multiple categories of beneficial ownership across trusts, retirement plan and family members, including entries labeled "By Trusts," a 401(k) plan balance, an irrevocable trust, and holdings attributed to spouse, daughter and son. Explanatory footnotes describe the spouse’s role as co-trustee and a distribution of 3,569.5 shares from the trusts to the spouse; plan share details reflect the 401(k) balance as of June 30, 2025. The form is signed by an attorney-in-fact on behalf of the reporting person.

Insights

Securities Analyst

TL;DR: A routine insider sale of 75 shares; the filing documents complex family and trust holdings without indicating material change to control.

The Form 4 reports a small disposition by the CAO and Controller rather than an open-market program or large block transfer. The disclosure emphasizes multiple indirect ownership routes through trusts, an irrevocable trust and a 401(k) plan, with footnotes explaining the spouse’s trustee role and a 3,569.5 share distribution to the spouse. From an ownership-structure perspective, the filing clarifies beneficial interests but does not, on its face, show a material shift in aggregate insider control.

Corporate Governance Expert

TL;DR: Administrative reporting of family/trust holdings and a small sale; compliance and disclosure appear complete.

The Form 4 includes explanatory remarks about co-trustee arrangements and plan reporting that strengthen disclosure quality. Signature by an attorney-in-fact is present, and the filing documents both direct and indirect holdings. No governance actions, executive departures or related-party transactions are disclosed beyond normal family/trust arrangements. The filing reads as a compliance-driven update rather than an event with governance implications.

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

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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^*

Grandis Meade P.

(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)
	CAO and Controller

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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	08/25/2025		S		75	D	$1,983.78	275(1)(2)	I	By Trusts
Common Stock								224.355	D
Common Stock								66.151	I	401(k) Plan(3)
Common Stock								2,000	I	By Trust(4)
Common Stock								4,087.5(2)	I	By Spouse
Common Stock								137	I	By Daughter
Common Stock								83	I	By Son

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. The reporting person's spouse is a co-trustee of two trusts for which he and a member of his immediate family are the co-beneficiaries. The reporting person disclaims beneficial ownership of securities held in the trusts except to the extent of the pecuniary interest of the reporting person's spouse. Securities reported include only the securities held by the trusts in which the reporting person's spouse has a pecuniary interest.

2. The total reported for the trusts (as well as the indirect holding balance of the reporting person's spouse) also reflects a distribution of 3,569.5 shares from the trusts to the reporting person's spouse as a beneficiary of the trusts.

3. Between March 31, 2025 and June 30, 2025, the reporting person acquired 1.168 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of June 30, 2025.

4. The reporting person's spouse is the trustee under an irrevocable trust for the benefit of himself and his descendants.

Remarks:

	/s/ Karen O. Earls, Attorney-in-fact for Meade P. Grandis	08/27/2025
	** 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.

FAQ

What did MKL insider Meade P. Grandis do on 08/25/2025?

The Form 4 shows Meade P. Grandis sold 75 shares of Markel common stock on 08/25/2025 for $1,983.78.

What roles and relationships are disclosed for the reporting person on the MKL Form 4?

The filing identifies the reporting person as a Director and Officer (CAO and Controller) and discloses indirect holdings via trusts, a 401(k) plan, an irrevocable trust, spouse, daughter and son.

Does the Form 4 show any large transfers from trusts?

Footnotes state a distribution of 3,569.5 shares from the trusts to the reporting person’s spouse; the form does not show additional context such as cash proceeds or dates beyond the filing.

Is the 401(k) plan balance current in the filing?

The Form 4 reports 401(k) plan information based on the plan balance as of June 30, 2025 and notes acquisitions between March 31, 2025 and June 30, 2025 of 1.168 shares under the plan.

Who signed the Form 4 for Meade P. Grandis?

The Form 4 is signed by Karen O. Earls, Attorney-in-fact for Meade P. Grandis and dated 08/27/2025.