MARKEL GROUP INC. — Director's Dealing 2020

Feb 20, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL CORP (MKL)
CIK: 0001096343
Period of Report: 2020-02-18

Reporting Person: Heaton Michael R (President, Markel Ventures)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-18	Common Stock	A	248	—	Acquired	1581.1676	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	118.421	Indirect

Footnotes

F1: Restricted stock units awarded pursuant to the Markel Corporation 2016 Equity Incentive Compensation Plan that will vest, subject to certain conditions, December 31, 2022.

F2: 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, 2019 and utilizes the most recent closing stockprice on that date of $1,143.17 per share. As of December 31, 2019, a unit under the Plan represented one share of Common Stock.