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MARKEL GROUP INC. Director's Dealing 2011

Feb 25, 2011

30227_dirs_2011-02-25_bfc316f4-54ff-4729-a161-555dde593212.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2011-02-23

Reporting Person: Waleski Anne G (Vice Pres., CFO + Treasurer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-23 Common Stock A 282 Acquired 1171.9879 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1112.817 Indirect

Footnotes

F1: Restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan. Restricted stock units will vest on December 31, 2015.

F2: The total includes 282 restricted stock units awarded pursuant to the Markel Corporation Omnibus Incentive Plan, which units will vest on December 31, 2015.

F3: Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of December 31, 2010 and utilizes the closing stock price on that date of $378.13. As of December 31, 2010, a unit under the Plan represented one share of Common Stock.