Markel SVP reports tax-withholding share disposition
Markel Group Inc. senior vice president and chief legal officer Richard Randolph Grinnan reported routine share movements involving company stock.
Rhea-AI Filing Summary
Markel Group Inc. senior vice president and chief legal officer Richard Randolph Grinnan reported routine share movements involving company stock. The filing shows a tax-withholding disposition of 116.358 shares of common stock at $1844.0000 per share to satisfy exercise price or tax liabilities, after which he directly held 4,147.0699 shares.
He also reported indirect ownership of 120.3240 shares held through a 401(k) plan. A footnote explains that 3.225 shares were acquired under the Markel 401(k) plan between December 31, 2025 and March 31, 2026, and that the 401(k) information reflects the plan balance as of March 31, 2026. The transactions are administrative and compensation-related rather than open-market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 116.358 shares
Exercise Price or Tax Liability
2 txns
Insider
Grinnan Richard Randolph
Role
SVP, Chief Legal Officer & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 116.358 | $1,844.00 | $215K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,147.0699 shares (Direct);
Common Stock — 120.324 shares (Indirect, 401(k) Plan)
Footnotes (1)
- F1. Between December 31, 2025 and March 31, 2026, the reporting person acquired 3.225 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of March 31, 2026.
Key Figures
Tax-withholding shares: 116.358 shares
Tax-withholding price: $1844.0000 per share
Direct holdings after transaction: 4,147.0699 shares
+2 more
5 metrics
Tax-withholding shares
116.358 shares
Common Stock delivered for exercise price or tax liability
Tax-withholding price
$1844.0000 per share
Price for tax-withholding disposition of 116.358 shares
Direct holdings after transaction
4,147.0699 shares
Common Stock directly owned following Form 4 transaction
Indirect 401(k) holdings
120.3240 shares
Common Stock held via 401(k) plan after update
401(k) shares acquired
3.225 shares
Acquired under MKL 401(k) plan between Dec 31, 2025 and Mar 31, 2026
Key Terms
tax-withholding disposition, 401(k) plan, indirect ownership, Form 4, +1 more
5 terms
tax-withholding disposition financial
"tax-withholding disposition of 116.358 shares of common stock at $1844.0000 per share"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
401(k) plan financial
"indirect ownership of 120.3240 shares held through a 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.
indirect ownership financial
"He also reported indirect ownership of 120.3240 shares held through a 401(k) plan."
Form 4 regulatory
"Is Grinnan’s Form 4 for MKL an open-market purchase or sale?"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
exercise price financial
"indicates shares were delivered to pay an option exercise price or related tax obligations"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Richard Randolph Grinnan report for MKL?
Richard Randolph Grinnan reported a tax-withholding disposition of 116.358 shares of Markel Group common stock. This reflects shares delivered to cover exercise price or tax liabilities, not an open-market sale, and is a routine compensation-related adjustment to his holdings.
What does the tax-withholding disposition code F mean in this MKL Form 4?
Transaction code F indicates shares were delivered to pay an option exercise price or related tax obligations. For Markel Group, 116.358 shares were used this way, meaning the event is part of compensation mechanics rather than a discretionary market sale of stock.
Is Grinnan’s Form 4 for MKL an open-market purchase or sale?
The Form 4 does not report an open-market purchase or sale. Instead, it records a tax-withholding disposition of 116.358 shares and updates to 401(k) holdings, which are administrative, compensation-related adjustments rather than discretionary trading in Markel Group stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
