MARKEL CORP

Ticker: MKL CUSIP: 570535104 Class: COMMON STOCK

Independent Advisor Alliance's Holding History (CIK: 0001696899)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 261 Value ($000) $562 Avg Close $2025.92 Range $1812.24 - $2207.59

Q3 2025

Shares 267 Value ($000) $511 Avg Close $1960.42 Range $1889.91 - $2075.92

Q2 2025

Shares 158 Value ($000) $316 Avg Close $1875.20 Range $1621.89 - $2004.24

Q1 2025

Shares 153 Value ($000) $287 Avg Close $1839.75 Range $1641.51 - $2063.68

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	261	$562	$2025.92	$1812.24 - $2207.59
Q3 2025	267	$511	$1960.42	$1889.91 - $2075.92
Q2 2025	158	$316	$1875.20	$1621.89 - $2004.24
Q1 2025	153	$287	$1839.75	$1641.51 - $2063.68