MARKEL GROUP INC. — Director's Dealing 2025

Dec 15, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL GROUP INC. (MKL)
CIK: 0001096343
Period of Report: 2025-12-11

Reporting Person: MARKEL STEVEN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-11	Common Stock	S	64	$2100	Disposed	61634	Direct
2025-12-11	Common Stock	S	50	$2103.55	Disposed	61584	Direct
2025-12-11	Common Stock	S	70	$2108.27	Disposed	61514	Direct
2025-12-11	Common Stock	S	40	$2112.03	Disposed	61474	Direct
2025-12-11	Common Stock	S	120	$2114.99	Disposed	61354	Direct
2025-12-11	Common Stock	S	100	$2116.18	Disposed	61254	Direct
2025-12-11	Common Stock	S	201	$2117.37	Disposed	61053	Direct
2025-12-11	Common Stock	S	24	$2118.37	Disposed	61029	Direct
2025-12-11	Common Stock	S	51	$2120.65	Disposed	60978	Direct
2025-12-11	Common Stock	S	173	$2121.69	Disposed	60805	Direct
2025-12-11	Common Stock	S	10	$2123.05	Disposed	60795	Direct
2025-12-11	Common Stock	S	32	$2125	Disposed	60763	Direct
2025-12-11	Common Stock	S	75	$2126	Disposed	60688	Direct
2025-12-11	Common Stock	S	190	$2127.26	Disposed	60498	Direct
2025-12-11	Common Stock	S	10	$2128	Disposed	60488	Direct
2025-12-11	Common Stock	S	120	$2129.98	Disposed	60368	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2060.699	Indirect
Common Stock	15000	Indirect

Footnotes

F1: The reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted August 15, 2025.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,108.27 to $2,108.28, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,116.10 to $2,116.49, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,117.20 to $2,117.49, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,120.00 to $2,120.90, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,121.10 to $2,122.01, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,126.00 to $2,126.01, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2,127.00 to $2,127.51, inclusive. The reporting person undertakes to provide to any security holder of MKL or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: The information reported herein is based on the MKL 401(k) plan balance as of September 30, 2025.

F10: Beneficial ownership of securities is expressly disclaimed.