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MARKEL GROUP INC. Director's Dealing 2013

May 15, 2013

30227_dirs_2013-05-15_5d6652f7-170b-4bfe-93c1-3af0b48d4a8b.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: 2013-05-13

Reporting Person: Glisson Britton L. (Chief Administrative Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-13 Common Stock A 761 Acquired 12763.732 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1340.720 Indirect
Common Stock 702 Indirect

Footnotes

F1: Restricted stock units awarded pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan. Restricted stock units will vest on May 13, 2016.

F2: In addition to the award of 761 restricted stock units reported on this Form 4, the total includes 770 restricted stock units awarded pursuant to the Markel Corporation 2012 Equity Incentive Compensation Plan and the Markel Corporation Omnibus Incentive Plan, as applicable, that will vest, subject to certain conditions, on December 31, 2017; 1,668 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan that will vest, subject to certain conditions, on May 10, 2015; and 960 restricted stock units granted pursuant to the Markel Corporation Omnibus Incentive Plan, of which 710 units will vest on December 31, 2015 and 250 units will vest on February 21, 2017.

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 March 31, 2013 and utilizes the closing stock price on that date of $503.50 per share. As of March 31, 2013, a unit under the Plan represented one share of Common Stock.

F4: Beneficial ownership of securities is disclaimed.