Michael Heaton compensation by year
Markel Summary Compensation Table · all 5 fiscal years held| Component | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Salary | $520,673 | $639,904 | $775,000 | $809,615 | $815,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $431,250 | $650,000 | $1,661,990 | $1,901,813 | $2,796,822 |
| Option awards | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $431,250 | $325,000 | $871,875 | $1,283,625 | $2,078,250 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 |
| All other | $26,896 | $43,260 | $45,510 | $46,860 | $206,951 |
| Total | $1,410,069 | $1,658,164 | $3,354,375 | $4,041,913 | $5,897,023 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Markel Group, Inc. DEF 14A filed April 2, 2026, accession 0001096343-26-000033, and prior-year filings. Open the filing on EDGAR.
How this page was built: the Markel Group, Inc. filed document, accession 0001096343-26-000033. Every figure is read from that document and cited to the page and table it appears in. Filed April 2, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 2,499 | $5,371,975 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in Markel Group, Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Markel’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Thomas Gayner | Chief Executive Officer | $14,124,065 |
| Michael Heaton · this page | former Executive Vice President and Chief Operating Officer | $5,897,023 |
| Simon Wilson | Executive Vice President and Chief Executive Officer, Markel Insurance | $4,772,772 |
| Richard Grinnan | Senior Vice President, Chief Legal Officer and Secretary | $3,380,163 |
| Brian Costanzo | Chief Financial Officer | $2,719,307 |
Michael Heaton's compensation dossier, Markel
You have read Michael Heaton's totals and holdings. The dossier adds each equity grant Markel disclosed for Michael Heaton and Markel's own disclosed peer group, where the company discloses them, with every row in a PDF and a CSV cited to its filing.
See an example →The full Markel compensation record
free company briefThis page is one person within Markel's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the Markel proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Markel's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Markel's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Order MKL
Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.