SEC Form 4 · accession 0001096343-15-000087
MARKEL GROUP INC. · MKL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven A Markel
Officer — Vice Chairman · Director
Period of report
Aug 17, 2015
Accepted (ET)
Aug 19, 2015 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001096343
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 17, 2015 | S | 4,000 | $877.78 | D | 121,705 | D | |
| Common StockF1 | Aug 18, 2015 | S | 2,000 | $877.71 | D | 7,647 | I | By Trust |
| Common StockF2 | holding | — | — | — | 15,000 | I | By Spouse | |
| Common StockF3 | holding | — | — | — | 3,875 | I | By Trust | |
| Common StockF4 | holding | — | — | — | 2,011 | I | 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Mr. Markel is a Trustee and partial beneficiary of several Grantor Retained Annuity Trusts. The total reported represents the aggregate of the trusts.
- F2Beneficial ownership of securities is expressly disclaimed.
- F3Mr. Markel is trustee and retains a partial interest in the trust. The amount reported reflects all the securities held by the trust, but Mr. Markel disclaims beneficial ownership except with respect to his interest in the trust.
- F4Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of June 30, 2015 and utilizes the closing stock price on that date of $800.68 per share. As of June 30, 2015, a unit under the Plan represented one share of Common Stock.