Thomas Gayner compensation by year
Markel Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $807,692 | $950,000 | $980,769 | $1,000,000 | $1,000,000 | $1,043,269 | $1,050,000 | $1,050,000 | $1,093,269 | $1,100,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $760,000 | $1,140,000 | $1,350,000 | $2,375,000 | $2,100,000 | $2,362,500 | $2,100,000 | $5,387,107 | $6,277,084 | $9,226,081 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $760,000 | $1,140,000 | $1,350,000 | $1,425,000 | $1,050,000 | $1,181,250 | $787,500 | $1,575,000 | $2,310,000 | $3,740,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $23,850 | $31,782 | $32,232 | $32,682 | $33,420 | $37,584 | $53,934 | $56,184 | $57,534 | $57,984 |
| Total | $2,351,542 | $3,261,782 | $3,713,001 | $4,832,682 | $4,183,420 | $4,624,603 | $3,991,434 | $8,068,291 | $9,737,887 | $14,124,065 |
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 | 8,169 | $17,560,491 | — |
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.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed April 2, 2026)current to 2026-11-06 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-05-15 | Tax withholding | — | 481.67 | $1844.00 | 56,259.67 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Markel’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Thomas Gayner · this page | Chief Executive Officer | $14,124,065 |
| Michael Heaton | 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 |
Board service
Markel board · FY2021–FY2025| Fiscal year | Cash fees | Stock awards | Option awards | Other | Total |
|---|---|---|---|---|---|
| FY2025 | — | — | — | — | — |
| FY2024 | $0 | $0 | $0 | $0 | — |
| FY2023 | — | — | — | — | — |
| FY2022 | — | — | — | $53,934 | $53,934 |
| FY2021 | — | — | — | — | — |
Each year as the company reported it in Markel's director compensation table. Totals are the company's own disclosed totals.
How this board is paid
Company policy: Markel pays directors a $110,000 cash retainer and $165,000 in equity. As stated in Markel's FY2025 proxy.
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
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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.
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