SEC Form 4 · accession 0001096343-18-000123
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
May 24, 2018
Accepted (ET)
May 25, 2018 · 5:03 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 StockF1 | May 24, 2018 | S | 10 | $1,132.00 | D | 104,850 | D | |
| Common StockF1,F2 | May 24, 2018 | S | 20 | $1,133.86 | D | 104,830 | D | |
| Common StockF1,F3 | May 24, 2018 | S | 42 | $1,135.48 | D | 104,788 | D | |
| Common StockF1,F4 | May 24, 2018 | S | 74 | $1,136.03 | D | 104,714 | D | |
| Common StockF1,F5 | May 24, 2018 | S | 24 | $1,137.08 | D | 104,690 | D | |
| Common StockF1,F6 | May 24, 2018 | S | 20 | $1,138.41 | D | 104,670 | D | |
| Common StockF1 | May 24, 2018 | S | 10 | $1,140.06 | D | 104,660 | D | |
| Common StockF7 | holding | — | — | — | 2,032 | I | 401(K) Plan | |
| Common StockF8 | holding | — | — | — | 15,000 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,133.46 to $1,134.26, inclusive. The reporting person undertakes to provide to any security holder of Markel Corporation 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,134.64 to $1,135.63, inclusive. The reporting person undertakes to provide to any security holder of Markel Corporation 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,135.70 to $1,136.66, inclusive. The reporting person undertakes to provide to any security holder of Markel Corporation 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,136.71 to $1,137.58, inclusive. The reporting person undertakes to provide to any security holder of Markel Corporation 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1,138.13 to $1,138.68, inclusive. The reporting person undertakes to provide to any security holder of Markel Corporation 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.
- F7Holdings under the Markel Corporation 401(K) Plan are reported in units. The information reported herein is based on a plan statement dated as of March 31, 2018 and utilizes the most recent closing stock price on that date of $1,170.25 per share. As of March 31, 2018, a unit under the Plan represented one share of Common Stock.
- F8Beneficial ownership of securities is expressly disclaimed.