[Form 4] MARKEL GROUP INC. Insider Trading Activity

MARKEL GROUP INC. executive Meade P. Grandis, CAO and Controller, reported an award of 69.722 restricted stock units of common stock on February 24, 2026 at no cost under the MKL 2024 Equity Incentive Compensation Plan.

Rhea-AI Filing Summary

MARKEL GROUP INC. executive Meade P. Grandis, CAO and Controller, reported an award of 69.722 restricted stock units of common stock on February 24, 2026 at no cost under the MKL 2024 Equity Incentive Compensation Plan. According to the footnotes, 58.292 RSUs are scheduled to vest on December 31, 2028 and 11.430 RSUs on February 24, 2029, subject to conditions. The filing also updates indirect ownership balances held through a 401(k) plan, trusts, the reporting person’s spouse, and children, including a prior 2.026-share acquisition in the MKL 401(k) plan between June 30, 2025 and December 31, 2025 and a 275-share distribution from trusts to the spouse.

Insider Trade Summary

Grant/Award: 69.722 shares

Grant/Award 7 txns

Insider Grandis Meade P.

Role CAO and Controller

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	69.722	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 294.077 shares (Direct); Common Stock — 68.177 shares (Indirect, 401(k) Plan); Common Stock — 2,000 shares (Indirect, By Trust); Common Stock — 0 shares (Indirect, By Trusts); Common Stock — 4,362.5 shares (Indirect, By Spouse); Common Stock — 137 shares (Indirect, By Daughter); Common Stock — 83 shares (Indirect, By Son)

Footnotes (4)

1. F1. Restricted stock units (RSUs) awarded pursuant to the MKL 2024 Equity Incentive Compensation Plan. Subject to certain conditions, 58.292 RSUs will vest on December 31, 2028, and 11.430 RSUs will vest on February 24, 2029.
2. F2. Between June 30, 2025 and December 31, 2025, the reporting person acquired 2.026 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of December 31, 2025.
3. F3. The reporting person's spouse is the Trustee under an irrevocable trust for the benefit of himself and his descendants.
4. F4. The indirect holding balances of the trusts and the reporting person's spouse reflect a distribution of 275 shares from the trusts to the reporting person's spouse.

FAQ

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

What did Markel (MKL) executive Meade P. Grandis report in this Form 4?

Meade P. Grandis reported receiving 69.722 restricted stock units of Markel common stock as an equity award. The filing also updates various indirect holdings, including shares held through a 401(k) plan, trusts, the executive’s spouse, and children, as of the dates referenced.

How many Markel RSUs were granted to Meade P. Grandis and when do they vest?

Grandis received 69.722 restricted stock units of Markel common stock. Footnotes state 58.292 RSUs are scheduled to vest on December 31, 2028, and 11.430 RSUs are scheduled to vest on February 24, 2029, provided specified conditions are satisfied.

Was there any purchase or sale of Markel (MKL) shares in this Form 4?

The Form 4 shows an equity award coded as an acquisition (grant) of 69.722 RSUs at no cost, not an open-market purchase or sale. Other lines reflect updated indirect holdings balances rather than new buy or sell transactions in Markel stock.

How are Meade P. Grandis’s indirect Markel holdings structured in this filing?

Indirect Markel holdings are reported through a 401(k) plan, irrevocable trusts, the reporting person’s spouse, and their children. A footnote notes the spouse is trustee of an irrevocable trust and a 275-share distribution from trusts to the spouse adjusted certain indirect balances.

What change occurred in Meade P. Grandis’s Markel 401(k) holdings?

Footnotes state that between June 30, 2025 and December 31, 2025, Grandis acquired 2.026 shares under the Markel 401(k) plan. The indirect 401(k) plan balance disclosed in the Form 4 is based on the plan’s reported holdings as of December 31, 2025.

What does the Form 4 reveal about Markel (MKL) trust holdings linked to Meade P. Grandis?

The filing discloses indirect ownership through trusts where the reporting person’s spouse serves as trustee of an irrevocable trust for his benefit and descendants. It also notes a distribution of 275 shares from the trusts to the spouse, shifting part of those indirect holdings.

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

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Accepted by SEC EDGAR 02/26/2026 - 06:24 PM 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^*

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)
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		69.722(1)	A	$0	294.077	D
Common Stock								68.177	I	401(k) Plan(2)
Common Stock								2,000	I	By Trust(3)
Common Stock								0(4)	I	By Trusts
Common Stock								4,362.5(4)	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. Restricted stock units (RSUs) awarded pursuant to the MKL 2024 Equity Incentive Compensation Plan. Subject to certain conditions, 58.292 RSUs will vest on December 31, 2028, and 11.430 RSUs will vest on February 24, 2029.

2. Between June 30, 2025 and December 31, 2025, the reporting person acquired 2.026 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of December 31, 2025.

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

4. The indirect holding balances of the trusts and the reporting person's spouse reflect a distribution of 275 shares from the trusts to the reporting person's spouse.

Remarks:

	/s/ Karen O. Earls, Attorney-in-fact for Meade P. Grandis	02/26/2026
	** 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.