GAYNER THOMAS SINNICKSON 4

What Happened

• Thomas Gayner, CEO of Markel Group Inc. (MKL), received an award of 4,483.616 restricted stock units (RSUs) on February 24, 2026. The award was reported as an "A" (grant) at $0.00 per share (RSUs are compensation awards, not purchases), so no cash was paid on the grant itself.
• The RSUs vest in installments: 3,731.912 RSUs on December 31, 2028, and 751.704 RSUs on February 24, 2029. The Form 4 was filed February 26, 2026.

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26.
• Grant: 4,483.616 RSUs; reported acquisition price: $0.00 (typical for awards).
• Shares owned following the transaction: not specified in the summary data provided here—see the full Form 4 for total beneficial ownership. The filing references the reporting of the MKL 401(k) plan balance as of 12/31/2025 for ownership disclosure.
• Notable footnotes:
  • F1: RSU vesting schedule (3,731.912 on 12/31/2028; 751.704 on 2/24/2029).
  • F2: Distribution of 24 shares from a Trust to the reporting person’s spouse; beneficial ownership of those shares is disclaimed.
  • F3: Ownership reporting includes the MKL 401(k) plan balance as of 12/31/2025.
• No indication in the provided data of a 10b5-1 plan, tax withholding sale, or late filing; the Form 4 was filed two days after the grant date.

Context

• RSU awards are a form of equity compensation that vest over time; they do not represent an immediate purchase or sale and do not necessarily signal CEO buying or selling intent. Once vested, RSUs convert to shares (or equivalent value) and may be subject to tax withholding or company policies.
• For retail investors, awards like this are routine executive compensation. To assess any potential impact on ownership stakes or incentives, check the full Form 4 for total post-transaction beneficial ownership and any additional disclosures.