MARKEL GROUP INC. — Director's Dealing 2015

Dec 28, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2015-12-16

Reporting Person: MARKEL STEVEN A (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-12-16	Common Stock	G	565	—	Disposed	121490	Direct
2015-12-22	Common Stock	G	2000	—	Disposed	119490	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect
Common Stock	3875	Indirect
Common Stock	2011.329	Indirect

Footnotes

F1: The direct holding balance of Mr. Markel includes the final distribution of 800 shares from a Grantor Retained Annuity Trust to Mr. Markel.

F2: Beneficial ownership of securities is expressly disclaimed.

F3: Mr. Markel is trustee and retains a partial interest in the trust. The amount reported reflects all the securities held by the trust, but Mr. Markel disclaims beneficial ownership except with respect to his interest in the trust.

F4: 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 September 30, 2015 and utilizes the closing stock price on that date of $801.86 per share. As of September 30, 2015, a unit under the Plan represented one share of Common Stock.