Markel (MKL) EVP Andrew G. Crowley Buys Shares

What Happened

• Andrew G. Crowley, EVP and President of Markel Ventures, acquired a total of 10.298 Markel (MKL) shares in two transactions: 2.817 shares on 2026-06-30 at $1,617.19/share (≈ $4,555) and 7.481 shares on 2026-07-15 at $1,730.49/share (≈ $12,945). These were acquisitions (employee plan purchases), not sales — routine employee stock plan purchases rather than open-market buys.

Key Details

• Transaction dates and prices:
  • 2026-06-30: 2.817 shares @ $1,617.19 = $4,555 (code J: other acquisition)
  • 2026-07-15: 7.481 shares @ $1,730.49 = $12,945 (code J: other acquisition)
• Total acquired: 10.298 shares for ≈ $17,500.
• Footnotes:
  • F1/F2: Shares were acquired under the qualified and non‑qualified components of the MKL 2020 Employee Stock Purchase Plan (ESPP).
  • F3: Separately, between Mar 31 and Jun 30, 2026 Crowley acquired 5.121 shares under the MKL 401(k) plan (the filing reflects the plan balance as of Jun 30, 2026).
• Shares owned after the transactions: not specified in the supplied filing excerpt.
• Timeliness: The July 15 transaction was reported promptly (filed July 16). The June 30 acquisition was reported on July 16, which is more than two business days after the trade and therefore appears to be a late filing for that transaction.

Context

• These purchases were made through employee/retirement plans (ESPP and 401(k)), which are routine and typically reflect payroll contributions or scheduled plan purchases rather than discretionary open‑market investing.
• Transaction code J generally signals “other acquisition” (common for ESPP or plan transactions) rather than an option exercise or open-market trade.