Form 4: Markel Group Director Anthony F. Markel Reports Changes in Beneficial Ownership

Anthony F. Markel, a director at Markel Group Inc., reported changes in his beneficial ownership of the company's common stock due to transactions involving a grantor retained annuity trust (GRAT) and gifts to his spouse.

Summary

• On May 6, 2024, Anthony F. Markel, a director at Markel Group Inc., reported changes in his beneficial ownership of the company's common stock.
• He withdrew 2,200 shares from a grantor retained annuity trust (GRAT) and contributed a promissory note with a principal amount of $3,507,333.50 to the GRAT in exchange.
• This withdrawal increased his directly owned shares and decreased his indirectly owned shares through the GRAT.
• Markel also gifted 320 shares to his spouse.
• After these transactions, Markel directly owns 15,000 shares and indirectly owns 3,970 shares through his spouse, 37,343 shares through trusts, 8,177 shares as trustee, 6,220 shares as trustee, 2,443 shares through trusts, and 1,882 shares as trustee.
• He disclaims beneficial ownership of certain shares held in trusts for the benefit of his children and their descendants, except to the extent of his partial interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Related Party Transactions

• The gift of securities by the reporting person to his spouse is a related party transaction.

Stakeholder Impact

• The transactions do not appear to have a significant impact on stakeholders.

Key Dates