Grandis Meade P. 4

What Happened
Grandis Meade P., Chief Accounting Officer & Controller of Markel Group Inc. (MKL), was granted an award of 69.722 restricted stock units (RSUs) on February 24, 2026. The filing reports the RSUs at $0.00 (award/grant), meaning this was a compensation award rather than a market purchase or sale. The RSUs are subject to vesting conditions: 58.292 RSUs vest on December 31, 2028, and 11.430 RSUs vest on February 24, 2029.

Key Details

• Transaction type/date: Award (code A) on 2026-02-24; filing date 2026-02-26 (timely).
• Shares granted: 69.722 RSUs; reported price $0.00; reported dollar amount $0.
• Vesting schedule (F1): 58.292 RSUs vest 12/31/2028; 11.430 RSUs vest 2/24/2029.
• Other reported holdings: 2.026 shares were acquired under the MKL 401(k) plan (acquired between 6/30/2025 and 12/31/2025; info based on plan balance as of 12/31/2025) (F2).
• Indirect/related-party notes: The reporting person’s spouse is trustee of an irrevocable trust for the family (F3); the filing notes a distribution of 275 shares from the trusts to the spouse affecting indirect holdings (F4).
• Shares owned after transaction: Not specified in the filing.

Context
This was a compensation grant of RSUs, not an open-market purchase or sale. RSUs typically convert to shares only when they vest and satisfy any other conditions; until vesting they do not represent freely tradable shares. The filing appears timely (within two business days of the transaction).