Markel CEO withholds 481.668 shares for taxes
Rhea-AI Filing Summary
MARKEL GROUP INC. Chief Executive Officer Thomas Sinnickson Gayner reported updated holdings of the company’s Common Stock. The primary activity was an F-code tax-withholding disposition, where 481.668 shares were withheld at $1844.0000 per share to satisfy exercise price or tax liabilities, leaving 56,259.6654 shares held directly.
The filing also lists indirect holdings, including 2,024 shares held by his spouse, 422.6600 shares held by a trust, and 2,822.2880 shares in a 401(k) Plan. A footnote notes that 11.218 shares were acquired under the MKL 401(k) plan between December 31, 2025 and March 31, 2026, based on the plan balance as of March 31, 2026, and states that beneficial ownership of certain securities is expressly disclaimed.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 481.668 shares
Exercise Price or Tax Liability
4 txns
Insider
GAYNER THOMAS SINNICKSON
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 481.668 | $1,844.00 | $888K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,259.6654 shares (Direct);
Common Stock — 2,822.288 shares (Indirect, 401(k) Plan);
Common Stock — 422.66 shares (Indirect, By Trust);
Common Stock — 2,024 shares (Indirect, By Spouse)
Footnotes (2)
- F1. Between December 31, 2025 and March 31, 2026, the reporting person acquired 11.218 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of March 31, 2026.
- F2. Beneficial ownership of securities is expressly disclaimed.
Key Figures
Tax-withholding shares: 481.668 shares
Tax-withholding price: $1844.0000 per share
Direct shares after transaction: 56,259.6654 shares
+4 more
7 metrics
Tax-withholding shares
481.668 shares
F-code disposition at $1844.0000 per share
Tax-withholding price
$1844.0000 per share
Price for 481.668 withheld shares
Direct shares after transaction
56,259.6654 shares
Common Stock held directly following F-code event
Spouse indirect holdings
2,024 shares
Common Stock held indirectly by spouse
Trust indirect holdings
422.6600 shares
Common Stock held indirectly by trust
401(k) plan holdings
2,822.2880 shares
Common Stock held through MKL 401(k) plan
401(k) shares acquired
11.218 shares
Acquired between Dec 31, 2025 and Mar 31, 2026
Key Terms
tax-withholding disposition, 401(k) Plan, Common Stock, beneficial ownership, +1 more
5 terms
tax-withholding disposition financial
"The primary activity was an F-code tax-withholding disposition, where 481.668 shares were withheld"
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
"2,822.2880 shares in a 401(k) Plan. A footnote notes that 11.218 shares were acquired"
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.
Common Stock financial
"reported updated holdings of the company’s Common Stock. The primary activity was an F-code"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial ownership financial
"a footnote notes that 11.218 shares were acquired ... and states that beneficial ownership of certain securities is expressly disclaimed"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
indirect holdings financial
"The filing also lists indirect holdings, including 2,024 shares held by his spouse"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Markel Group (MKL) disclose in Thomas Gayner’s latest Form 4?
Markel Group’s CEO Thomas Sinnickson Gayner reported updated Common Stock holdings. The filing highlights a tax-withholding disposition of 481.668 shares and provides detailed direct and indirect ownership, including spouse, trust, and 401(k) plan positions with specific share counts and dates.
What indirect Markel Group (MKL) holdings are reported for Thomas Gayner?
Indirect holdings include 2,024 shares held by his spouse, 422.6600 shares held by a trust, and 2,822.2880 shares held in a 401(k) Plan. These positions are reported as indirect ownership, with a footnote expressly disclaiming beneficial ownership of certain securities.
What does the 401(k) plan footnote in the Markel Group (MKL) Form 4 say?
The footnote states that between December 31, 2025 and March 31, 2026, 11.218 shares were acquired under the MKL 401(k) plan. It clarifies the 401(k) balance is reported as of March 31, 2026, providing context for the indirect retirement-plan holdings.
What is meant by beneficial ownership being disclaimed in the Markel Group (MKL) filing?
The Form 4 includes a statement that beneficial ownership of certain securities is expressly disclaimed. This means the reporting person does not assert full economic or voting ownership over those particular indirectly held shares, such as those held by related parties or entities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
