Steven A. Markel - Aug 31, 2023 Form 4 Insider Report for MARKEL GROUP INC. (MKL)

Role
Director
Signature
/s/ Sarah T. Mikowski, Attorney-in-fact for Steven A. Markel
Stock symbol
MKL
Transactions as of
Aug 31, 2023
Transactions value $
-$518,881
Form type
4
Date filed
9/1/2023, 04:30 PM
Previous filing
Aug 30, 2023
Next filing
Sep 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction MKL Common Stock Sale -$10.3 K -7 -0.01% $1,476.31 70.7 K Aug 31, 2023 Direct F1
transaction MKL Common Stock Sale -$4.43 K -3 0% $1,477.93 70.7 K Aug 31, 2023 Direct F1
transaction MKL Common Stock Sale -$20.7 K -14 -0.02% $1,478.96 70.7 K Aug 31, 2023 Direct F1, F2
transaction MKL Common Stock Sale -$14.8 K -10 -0.01% $1,479.66 70.7 K Aug 31, 2023 Direct F1, F3
transaction MKL Common Stock Sale -$17.8 K -12 -0.02% $1,480.52 70.7 K Aug 31, 2023 Direct F1, F4
transaction MKL Common Stock Sale -$145 K -98 -0.14% $1,481.53 70.6 K Aug 31, 2023 Direct F1, F5
transaction MKL Common Stock Sale -$144 K -97 -0.14% $1,482.47 70.5 K Aug 31, 2023 Direct F1, F6
transaction MKL Common Stock Sale -$22.3 K -15 -0.02% $1,483.64 70.5 K Aug 31, 2023 Direct F1, F7
transaction MKL Common Stock Sale -$63.8 K -43 -0.06% $1,484.62 70.4 K Aug 31, 2023 Direct F1, F8
transaction MKL Common Stock Sale -$75.8 K -51 -0.07% $1,485.53 70.4 K Aug 31, 2023 Direct F1, F9
holding MKL Common Stock 2.05 K Aug 31, 2023 401(k) Plan F10
holding MKL Common Stock 15 K Aug 31, 2023 By Spouse F11

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted May 31, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,478.93 to $1,478.99, 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 $1,479.56 to $1,479.92, 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 $1,480.36 to $1,480.64, 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 $1,481.08 to $1,481.99, 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 $1,482.00 to $1,482.97, 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 $1,483.52 to $1,483.97, 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 $1,484.09 to $1,484.92, 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 $1,485.03 to $1,485.91, 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 information reported herein is based on the MKL 401(k) plan balance as of June 30, 2023.
F11 Beneficial ownership of securities is expressly disclaimed.