MARKEL GROUP INC. — Director's Dealing 2025

Feb 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARKEL GROUP INC. (MKL)
CIK: 0001096343
Period of Report: 2025-02-21

Reporting Person: MARKEL STEVEN A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-21	Common Stock	S	55	$1850.27	Disposed	65613	Direct
2025-02-21	Common Stock	S	65	$1851.55	Disposed	65548	Direct
2025-02-21	Common Stock	S	57	$1853.11	Disposed	65491	Direct
2025-02-21	Common Stock	S	91	$1854.45	Disposed	65400	Direct
2025-02-21	Common Stock	S	62	$1855.27	Disposed	65338	Direct
2025-02-21	Common Stock	S	130	$1856.46	Disposed	65208	Direct
2025-02-21	Common Stock	S	40	$1857.67	Disposed	65168	Direct
2025-02-21	Common Stock	S	90	$1858.96	Disposed	65078	Direct
2025-02-21	Common Stock	S	60	$1860.03	Disposed	65018	Direct
2025-02-21	Common Stock	S	90	$1861.37	Disposed	64928	Direct
2025-02-21	Common Stock	S	10	$1862.42	Disposed	64918	Direct
2025-02-21	Common Stock	S	30	$1863.76	Disposed	64888	Direct
2025-02-21	Common Stock	S	20	$1865.02	Disposed	64868	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2058.974	Indirect
Common Stock	15000	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,850.01 to $1,850.95, 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.

F2: The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted November 21, 2024.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,851.29 to $1852.26, 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 $1,852.75 to $1,853.43, 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 $1,853.94 to $1,854.90, 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 $1,855.02 to $1,855.72, 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 $1,856.14 to $1,857.00, 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 $1,857.35 to $1,857.81, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,858.49 to $1,859.42, 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.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,859.67 to $1,860.23, 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.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,860.77 to $1,861.71, 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.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,863.50 to $1,864.17, 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.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,864.96 to $1,865.07, 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.

F14: Between March 31, 2024 and December 31, 2024, the reporting person acquired 2.4950 shares under the MKL 401(k) plan. The information reported herein is based on the plan balance as of December 31, 2024.

F15: Beneficial ownership of securities is expressly disclaimed.