---
schema_version: "secwatch.filing_event.v1"
accession: "0001096343-22-000011"
form_type: "8-K"
ticker: "MKL"
cik: "0001096343"
company_name: "MARKEL GROUP INC."
filed_at: "2022-02-16T23:59:59+00:00"
generated_at: "2026-06-27T07:21:49.501280+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Markel raises equity targets for top execs; authorizes $750M share repurchase

## Summary
- Compensation Committee increased target equity awards for Co-CEOs Gayner and Whitt from 300% to 400% of base salary for 2022.
- President Cox and CFO Noble equity targets raised from 150% to 200%; Chief Legal Officer Grinnan from 100% to 150%.
- Board approved new $750M share repurchase program, replacing $500M program from Nov 2021 under which $88M remained.
- New buyback program has no expiration date and allows open-market or private transactions, including 10b5-1 plans.
- Cash incentive award targets for named executive officers remain unchanged for the 2022 performance year.

## SEC filing metadata
- accession: 0001096343-22-000011
- form_type: 8-K
- ticker: MKL
- cik: 0001096343
- company_name: MARKEL GROUP INC.
- filed_at: 2022-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096343/000109634322000011/0001096343-22-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096343/000109634322000011/mkl-20220215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096343-22-000011
- JSON: https://secwatch.observer/filing/0001096343-22-000011.json
- Plain text: https://secwatch.observer/filing/0001096343-22-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.