Marvell CFO reports PSU vesting and tax share sale
Marvell Technology, Inc.’s Chief Financial Officer reported equity award activity and related tax withholding.
Rhea-AI Filing Summary
Marvell Technology, Inc.’s Chief Financial Officer reported equity award activity and related tax withholding. On January 15, 2026, 47,304 Performance Stock Units granted on January 15, 2023 converted into 47,304 shares of common stock at an exercise price of $0.00 per share after performance was certified on December 11, 2025.
On the same date, 19,664 shares were surrendered at $80.38 per share to cover tax withholding, leaving the officer with 184,111 shares of common stock held directly. This amendment adds information about the January 15, 2023 performance-based grant that was inadvertently omitted from the earlier Form 4 filed on January 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Units | 47,304 | $0.00 | $0.00 |
| Exercise | Common Stock | 47,304 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 19,664 | $80.38 | $1.58M |
| Grant/Award | Performance Stock Units | 47,304 | $0.00 | $0.00 |
Footnotes (4)
- F1. Surrender of shares in payment of tax withholding due as a result of the vesting of Performance Stock Units.
- F2. Each Performance Stock Unit represents a contingent right to receive one share of Common Stock of Marvell Technology, Inc. upon vesting.
- F3. Performance based award granted on January 15, 2023 with a 3 year cliff vest. Achievement was certified on December 11, 2025. Grant continued to be subject to service based vesting with a vesting date of January 15, 2026.
- F4. Reflects the number of shares earned that vested on January 15, 2026 with respect to the above mentioned performance award granted on January 15, 2023 and for which performance was certified on December 11, 2025.
FAQ
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What equity awards did Marvell (MRVL) disclose for its CFO in this Form 4/A?
Why was this Marvell (MRVL) Form 4/A filed as an amendment?
What do the Performance Stock Units in this Marvell (MRVL) filing represent?
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