MARKEL STEVEN A 4

4 · MARKEL GROUP INC. · Filed Dec 15, 2025

Insider Transaction Report

Form 4

Period: 2025-12-11

MARKEL GROUP INC.MKL

MARKEL STEVEN A

Director

Transactions

Sale
Common Stock
[F1]
2025-12-11$2100.00/sh−64$134,400→ 61,634 total
Sale
Common Stock
[F1]
2025-12-11$2103.55/sh−50$105,178→ 61,584 total
Sale
Common Stock
[F2][F1]
2025-12-11$2108.27/sh−70$147,579→ 61,514 total
Sale
Common Stock
[F1]
2025-12-11$2112.03/sh−40$84,481→ 61,474 total
Sale
Common Stock
[F1]
2025-12-11$2114.99/sh−120$253,799→ 61,354 total
Sale
Common Stock
[F3][F1]
2025-12-11$2116.18/sh−100$211,618→ 61,254 total
Sale
Common Stock
[F4][F1]
2025-12-11$2117.37/sh−201$425,591→ 61,053 total
Sale
Common Stock
[F1]
2025-12-11$2118.37/sh−24$50,841→ 61,029 total
Sale
Common Stock
[F5][F1]
2025-12-11$2120.65/sh−51$108,153→ 60,978 total
Sale
Common Stock
[F6][F1]
2025-12-11$2121.69/sh−173$367,052→ 60,805 total
Sale
Common Stock
[F1]
2025-12-11$2123.05/sh−10$21,231→ 60,795 total
Sale
Common Stock
[F1]
2025-12-11$2125.00/sh−32$68,000→ 60,763 total
Sale
Common Stock
[F7][F1]
2025-12-11$2126.00/sh−75$159,450→ 60,688 total
Sale
Common Stock
[F8][F1]
2025-12-11$2127.26/sh−190$404,179→ 60,498 total
Sale
Common Stock
[F1]
2025-12-11$2128.00/sh−10$21,280→ 60,488 total
Sale
Common Stock
[F1]
2025-12-11$2129.98/sh−120$255,598→ 60,368 total

Holdings

Common Stock
[F9]
(indirect: By 401(k))
2,060.699
Common Stock
[F10]
(indirect: By Spouse)
15,000

Footnotes (10)

[F1]The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted August 15, 2025.
[F10]Beneficial ownership of securities is expressly disclaimed.
[F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,108.27 to $2,108.28, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,116.10 to $2,116.49, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,117.20 to $2,117.49, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,120.00 to $2,120.90, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,121.10 to $2,122.01, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,126.00 to $2,126.01, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,127.00 to $2,127.51, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F9]The information reported herein is based on the MKL 401(k) plan balance as of September 30, 2025.

Signature

/s/ Karen O. Earls, Attorney-in-fact for Steven A. Markel|2025-12-15

Documents

1 file

4
wk-form4_1765834864.xmlPrimary
FORM 4