---
schema_version: "secwatch.filing_event.v1"
accession: "0001096343-25-000020"
form_type: "8-K"
ticker: "MKL"
cik: "0001096343"
company_name: "MARKEL GROUP INC."
filed_at: "2025-02-21T23:59:59+00:00"
generated_at: "2026-05-26T06:46:17.286347+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Markel Group CFO Brian Costanzo's equity award target raised from 125% to 175% of base salary

## Summary
- Compensation Committee approved increase in equity award target to 175% of $500,000 base salary for CFO Brian Costanzo.
- For 2025, 75% of equity award is performance-based and 25% is service-based.
- Performance metrics: average operating income and total shareholder return CAGR over 2021-2025, equally weighted.
- All awards vest after three-year cliff; service-based awards subject to additional five-year holding period.

## SEC filing metadata
- accession: 0001096343-25-000020
- form_type: 8-K
- ticker: MKL
- cik: 0001096343
- company_name: MARKEL GROUP INC.
- filed_at: 2025-02-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1096343/000109634325000020/0001096343-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1096343/000109634325000020/mkl-20250218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096343-25-000020
- JSON: https://secwatch.observer/filing/0001096343-25-000020.json
- Plain text: https://secwatch.observer/filing/0001096343-25-000020.txt

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