Markel Group (NYSE: MKL) director awarded 89 restricted shares in equity plan

Rhea-AI Filing Summary

MARKEL GROUP INC. director Mark Besca reported receiving a grant of 89 shares of common stock as equity compensation. The shares were awarded at a price of $0.00 per share and increased his directly held position to 1,141.2525 shares after the transaction.

The award is structured as restricted stock granted under the MKL 2024 Equity Incentive Compensation Plan and will vest, subject to certain conditions, on May 20, 2027. This is a routine compensation-related acquisition rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Besca Mark

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	89	$0.00	--

Holdings After Transaction: Common Stock — 1,141.253 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted shares granted: 89 shares Grant price per share: $0.00 per share Shares held after transaction: 1,141.2525 shares +1 more

4 metrics

Restricted shares granted 89 shares Common Stock grant on May 20, 2026

Grant price per share $0.00 per share Equity compensation award, not market purchase

Shares held after transaction 1,141.2525 shares Direct ownership following the grant

Vesting date May 20, 2027 Restricted stock vesting, subject to conditions

Key Terms

Restricted stock, MKL 2024 Equity Incentive Compensation Plan, vest, Grant, award, or other acquisition

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."

vest financial

"Shares will vest, subject to certain conditions, May 20, 2027."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Besca Mark

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		A(1)		89	A	$0	1,141.2525	D

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 granted pursuant to the MKL 2024 Equity Incentive Compensation Plan. Shares will vest, subject to certain conditions, May 20, 2027.

Remarks:

	/s/ Karen O. Earls, Attorney-in-fact for Mark Besca	05/22/2026
	** 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)

FAQ

What did Mark Besca report in this Form 4 for MKL?

Mark Besca reported receiving a grant of 89 shares of Markel Group common stock. The award was a compensation-related restricted stock grant with no cash paid per share, rather than an open-market purchase or sale.

Is the Mark Besca MKL transaction a buy or a compensation grant?

The transaction is a compensation grant, not a market buy. It is coded as an award acquisition of 89 restricted shares under an equity incentive plan, with a transaction price of $0.00 per share.

How many MKL shares does Mark Besca hold after this Form 4 transaction?

After the reported grant, Mark Besca holds 1,141.2525 shares of Markel Group common stock directly. This total includes the 89 newly awarded restricted shares reported in this Form 4 filing.

When do Mark Besca’s newly granted MKL restricted shares vest?

The 89 restricted shares vest on May 20, 2027, subject to certain conditions. Until vesting, the award remains restricted stock granted under the MKL 2024 Equity Incentive Compensation Plan as part of director compensation.

What plan governs the restricted stock granted to Mark Besca at Markel Group?

The grant of 89 restricted shares was made under the MKL 2024 Equity Incentive Compensation Plan. This plan provides equity-based compensation, and the shares vest on May 20, 2027, subject to specified conditions.