| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MKL | Common Stock | Other | $3.51M | +2.2K | +14.67% | $1,594.24 | 17.2K | May 6, 2024 | Direct | F1 |
| transaction | MKL | Common Stock | Gift | $0 | -1.88K | -10.93% | $0.00 | 15.3K | May 6, 2024 | Direct | |
| transaction | MKL | Common Stock | Gift | $0 | -320 | -2.09% | $0.00 | 15K | May 6, 2024 | Direct | F2 |
| transaction | MKL | Common Stock | Gift | $0 | +320 | +8.77% | $0.00 | 3.97K | May 6, 2024 | By Spouse | F2, F3 |
| holding | MKL | Common Stock | 37.3K | May 6, 2024 | By Trust | F1, F4 | |||||
| holding | MKL | Common Stock | 8.18K | May 6, 2024 | As Trustee | F5 | |||||
| holding | MKL | Common Stock | 6.22K | May 6, 2024 | As Trustee | F6 | |||||
| holding | MKL | Common Stock | 2.44K | May 6, 2024 | By Trust | F7 | |||||
| holding | MKL | Common Stock | 1.88K | May 6, 2024 | As Trustee | F8 |
| Id | Content |
|---|---|
| F1 | On May 6, 2024, the reporting person withdrew 2,200 MKL common shares from a grantor retained annuity trust (GRAT), for which the reporting person is a Trustee and partial beneficiary. In exchange for the shares, the reporting person contributed to the GRAT a promissory note (principal amount $3,507,333.50). The withdrawal of shares from the GRAT resulted in a decrease in the number of shares beneficially owned indirectly by the reporting person through the GRAT and a corresponding increase in the number of shares beneficially owned directly by the reporting person. The reporting person believes that his withdrawal of shares from the GRAT constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934. The direct holding balance of the reporting person also reflects a contribution of 3,509 shares from the reporting person to a GRAT. |
| F2 | This transaction involved a gift of securities by the reporting person to his spouse. |
| F3 | Beneficial ownership of securities is expressly disclaimed. |
| F4 | The reporting person is a Trustee and partial beneficiary of several Grantor Retained Annuity Trusts. The total reported represents the aggregate of the trusts. |
| F5 | The reporting person is a Trustee of irrevocable trusts for the benefit of his children. Beneficial ownership of securities is expressly disclaimed. |
| F6 | The reporting person is the Trustee under trusts for the benefit of himself and his children. |
| F7 | The reporting person is a Trustee of trusts for the benefit of his children and their descendants in which the reporting person retains a partial interest. The reporting person disclaims beneficial ownership of the shares held in the trusts except to the extent of his partial interest. |
| F8 | The reporting person is a Trustee under trusts for the benefit of his children. Beneficial ownership of securities is expressly disclaimed. |