MARKEL GROUP INC. — Director's Dealing 2014

Aug 19, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2014-08-18

Reporting Person: MARKEL ANTHONY F (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-08-18	Common Stock	G	838	—	Disposed	15226	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	77740	Direct
Common Stock	3379	Indirect
Common Stock	6220	Indirect
Common Stock	3366	Indirect
Common Stock	2850	Indirect
Common Stock	1961	Indirect
Common Stock	2443	Indirect

Footnotes

F1: Mr. Markel is a Trustee and partial beneficiary of a series of Grantor Retained Annuity Trusts.

F2: The direct holding balance of Mr. Markel reflects the acquisition of 847 shares as a result of a distribution from a Grantor Retained Annuity Trust on August 18, 2014 to Mr. Markel for which Mr. Markel is a Trustee and partial beneficiary.

F3: Mr. Markel is the Trustee under a charitable lead unitrust in which his children have remainder interests. Beneficial ownership of securities is expressly disclaimed.

F4: Mr. Markel is the Trustee under trusts for the benefit of himself and his children.

F5: Mr. Markel is the Trustee of irrevocable trusts for the benefit of his children. Beneficial ownership of securities is expressly disclaimed.

F6: Mr. Markel is the Trustee of a trust for the benefit of his children and their descendants and in which Mr. Markel retains a partial interest. Mr. Markel disclaims beneficial ownership of the shares held in the trust except to the extent of his partial interest.