Markel Group (NYSE: MKL) CFO boosts stake through ESPP and 401(k)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Markel Group Inc. Chief Financial Officer Brian J. Costanzo reported modest increases in his equity holdings. On June 30, 2026 he acquired 2.1642 shares of common stock at $1,617.19 per share through the qualified component of the MKL 2020 Employee Stock Purchase Plan, bringing his direct holdings to 1,632.2394 shares. Between March 31 and June 30, 2026 he also acquired 3.269 shares in the MKL 401(k) plan, for an indirect balance of 229.5920 shares as of June 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Costanzo Brian J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2.164 | $1,617.19 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,632.239 shares (Direct);
Common Stock — 229.592 shares (Indirect, 401(k) Plan)
Footnotes (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). Between March 31, 2026 and June 30, 2026, the reporting person acquired 3.269 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of June 30, 2026.
Key Figures
ESPP shares acquired: 2.1642 shares
ESPP purchase price: $1,617.19 per share
Direct holdings after transaction: 1,632.2394 shares
+2 more
5 metrics
ESPP shares acquired
2.1642 shares
Common stock acquired on June 30, 2026 under MKL 2020 Employee Stock Purchase Plan
ESPP purchase price
$1,617.19 per share
Price for June 30, 2026 MKL Employee Stock Purchase Plan acquisition
Direct holdings after transaction
1,632.2394 shares
Direct Markel Group common stock owned by Brian J. Costanzo after June 30, 2026
Indirect 401(k) holdings
229.5920 shares
Common stock held through MKL 401(k) plan as of June 30, 2026
401(k) shares acquired in quarter
3.269 shares
Shares acquired between March 31, 2026 and June 30, 2026 under MKL 401(k) plan
Key Terms
MKL 2020 Employee Stock Purchase Plan, Exchange Act Rule 16b-3(c), 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)."
401(k) plan financial
"the reporting person acquired 3.269 shares under the MKL 401(k) plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Markel Group (MKL) CFO Brian J. Costanzo report in this Form 4?
Brian J. Costanzo reported small increases in his Markel Group common stock holdings. He acquired 2.1642 shares via the 2020 Employee Stock Purchase Plan and added 3.269 shares in the MKL 401(k) plan during the quarter ended June 30, 2026.
What is the role of Exchange Act Rule 16b-3(c) in this Markel (MKL) insider transaction?
The ESPP transaction is described as exempt under Exchange Act Rule 16b-3(c). This rule provides an exemption for certain equity grants or acquisitions made under approved employee benefit plans, so the reported purchase occurred within that exempt employee-plan framework.