MICHAEL JONATHAN E 4

What Happened

• Michael Jonathan E, a director of Markel Group Inc. (MKL), was granted 89 restricted shares on May 20, 2026. The reported acquisition price is $0.00, so the filing lists a $0 transaction value. This was an award (grant) of restricted stock, not a market purchase or sale.

Key Details

• Transaction date: 2026-05-20; SEC filing date: 2026-05-22 (filed within the typical two-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares granted: 89; price per share reported: $0.00; total reported value: $0.
• Vesting: Shares will vest, subject to certain conditions, on May 20, 2027 (see footnote).
• Shares owned after the transaction: Not specified in the Form 4 excerpt provided.
• Footnote: Grant made under the MKL 2024 Equity Incentive Compensation Plan; vesting contingent on conditions.

Context

• This was a compensation grant of restricted stock common for directors and executives; such awards are part of long-term incentive pay and do not represent an immediate cash purchase or sale. Vesting conditions mean the shares may be forfeited if conditions are not met before 05/20/2027.